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The Catalan Government to enter Spanair’s board

The Catalan Government will become part of the Spanair’s board after a 10 million euro shareholders increase made possible by the public company Avança.

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21 September 2010 11:12 PM

by

ACN

Barcelona (ACN).- The Catalan Minister for Innovation, Universities and Business, Josep Huguet, said that after the Catalan Government approved a 10 million euro shareholder\u2019s capital increase for Spanair, it is \u201Cnormal\u201D to have a chair at the company\u2019s board. Huguet added that it would \u201Cnot make sense\u201D if the shareholder was not accompanied by the presence of a \u201Csupervisor\u201D and assessor\u201D. The shareholders increase was made possible through the public company Avança, which approved backing the capital expansion last spring. Huguet considers this decision \u201Cstrategic\u201D for a company that is hoping to make Barcelona\u2019s Prat airport an intercontinental connection hub.


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  • A plane by Spanair (by ACN)

  • A plane by Spanair (by ACN)