airports

For the first 6 months of 2013 the Catalan company Abertis has made a profit of €293, a 62% reduction on last year, according to a report issued by the company to the Spanish Stock Market Authority (CNMV). This year the company has increased its market share in Brazil and Chile and has received part of its income through the sale of its stake in Eutelsat. In spite of the reduction of net profit, the company’s EBITDA is up 23% on last year to €1.43 billion. Abertis specialises in three business areas: airports, toll roads and telecommunication infrastructures. 65% of the firms’ revenue comes from outside Spain.

The ‘Pau Casals VIP lounge’ at Barcelona's Airport Terminal 1 offers the opportunity to taste between three or six Priorat (Tarragona) DO wines. Every Thursday afternoon in May, June and July, VIP travellers who leave or stop over in Barcelona are able to do this tasting for free. In 30 minute sessions, they can taste three different kinds of wine from the wineries ‘Clos Mogador’, ‘Capafons-Ossó’, ‘Mas d’en Gil’, ‘Scala Dei’, ‘Mas Doix’ and ‘Trossos del Priorat’.

The Spanish Airport Authority (AENA), which owns and manages Barcelona El Prat Airport, has issued the tender to allocate the construction and management of a golf course located between the sea beach and the airfield’s third runway for 30 years. The golf course will be 175,000 square meters and have 9 holes. It will be for the passengers’ use, mostly those who are transferring through El Prat Airport. It should be operational by summer 2014, profiting from some of the infrastructure of a previously existing golf course. The project will come with restaurants and shops, as well as rooms for relaxing or holding meetings. Furthermore, in the future a beach club might also be built. The aim is to raise Barcelona Airport’s attractiveness as an international hub connecting short- and medium-distance flights with intercontinental ones.

Vueling earned a net profit of €28.3 million in 2012, almost three times more than the €10.3 million of 2011. It transported 14.8 million passengers, 20.1% more than in the previous year, with an occupancy rate of 77.7%. The Barcelona-based airline continues with its international expansion, especially in Western Europe, and it has become the third largest airline in Paris-Orly and Roma-Fiumicino. It also increased the passenger traffic share it controls in Barcelona El Prat Airport by up to 30%. The total revenue reached €1.103 billion last year, 27.7% more than in 2011. Vueling occupied part of the market share left by Spanair in Barcelona. Besides. the Spanish Stock Market Authority has authorised IAG’s take-over operation of Vueling, aiming to take total control of the Catalan company.

The highway, airport and telecommunication services management company earned a net profit of €1,024 million in 2012, 42% more than in the previous year, mainly thanks to the sales of Eutelsat and Brisa. The net profit without the surplus value reached €613 million, 2% more than in 2011. The Barcelona-based group presented better results in all of its main financials: revenues increased by 3%, recurrent earning before interest, taxes, depreciation and amortization (EBITDA) by 2%. Abertis emphasised that these results have been reached in a context of economic recession in some of its main markets. However, the traffic increase in the Americas (+4.5%) and Abertis’ efficiency plans compensated for the traffic decrease in southern Europe.

The Catalan company Abertis, which owns 90% of Sabsa, denies the accusation stated by the President of Bolivia, Evo Morales, that they made a poor investment. Abertis emphasised that between 2005 and 2012, Sabsa invested $12.6 million, and paid $38.6 million to hold the airports and $9.4 million in taxes. However, Abertis accepts the nationalisation of its subsidiary company, which manages the international airports of La Paz, Santa Cruz and Cochabamba. Two other Spanish companies have been nationalised by Morales in the last 10 months. The Barcelona-based multinational believes that the nationalisation process will be “based on international law” and therefore it will receive fair compensation. On Monday, Morales announced the immediate nationalisation of Sabsa. The Spanish Government will review its relations with Bolivia.

The main Catalan airport is increasing the number of intercontinental flights in terms of both destination and frequency, one of the strategic drives implementing its expansion plan. Barcelona’s Airport already has 31% of the intercontinental traffic in Spain, despite the fact that the partially state-owned Iberia’s international flights abandoned the Catalan airport years ago in favour of Madrid Barajas. Barcelona Airport has attracted other airlines, such as Emirates, Qatar Airways and Turkish Airlines, and has specialised in connections to the Middle East and Asia, although it also has flights to the Americas. Last week, there was a press release that stated that 35.15 million passengers went through Barcelona Airport in 2012.

The number of people travelling through the main Catalan airport reached a new record last year, despite the economic recession. 35,145,176 people travelled through the airport, a 2.2% increase compared to 2011. Madrid-Barajas, Barcelona Airport’s main competitor, saw the number of its passengers drop by 9% to a total of 45.19 million people. Barcelona’s improvement is due to the significant increase in international passengers, since domestic ones dropped by 9.6%. The greatest increase was in the number of passengers arriving from or going to another EU state, which grew by 9.2%. People flying from or to outside the European Union increased by 8.9% and intercontinental passengers by 3.45%.

From the next summer season, the Irish low-cost airline will cancel 4 routes from Barcelona Airport and reduce the frequency of 20 others due to the increase in airport taxes imposed by the Spanish Government. This decision means that 170 fewer flights will operate through the Catalan airport per week. In addition, the number of passengers transported per year by Ryanair will also be reduced, dropping from 5.4 million to 4.2 million. Furthermore, it will mean the direct loss of 1,200 jobs at Barcelona El Prat Airport, according to the airline. Ryanair will also cancel routes from Madrid Barajas and it will eliminate the flight linking the Spanish capital to Girona airport.

The number of passengers going through Barcelona’s Airport between January and October grew by 4%, compared to the same period last year. In just 10 months, the airport of the Catalan capital had more passengers than in the entire of 2010. The number of international passengers increased by 6.2% and those coming from the Middle East, non-Schengen Europe and Argentina grew by 25%. In fact, Barcelona El Prat’s expansion strategy is focused on international flights, especially increasing the number of intercontinental flights and their destinations. However, the number of domestic flight passengers dropped by 11.1%.

IAG, the airlines group formed after the merger of British Airways and Iberia, has announced its plans to acquire 100% of Vueling’s capital. Iberia already has 45.85% of the Catalan airline. Now, IAG intends to buy the remaining 54.15%, equivalent to 16.2 million shares. IAG is offering €7 per share, 28% more than Vueling’s last trading price on the stock exchange market. Vueling is one of the few airlines in Europe making a profit. Catalan politicians are “worried” about the purchase, as Vueling is based in Barcelona El Prat Airport and is committed to its expansion. However, Iberia abandoned its plans to develop El Prat and has prioritised Madrid Barajas. A Catalan MEP has asked the European Commission about the possibility of there being a free competition obstacle.

The Catalan company presented its strategic plan for next two years, which fosters its main hub, Barcelona El Prat Airport, by adding 28 new routes from next summer. Vueling plans to transform Barcelona Airport into the main European hub for short and medium distance flights. Currently, it is already the second continental hub in this category. Furthermore Vueling will strengthen its offer to business travellers by unveiling the ‘Excellence’ flying class and direct flights between Barcelona and London-Gatwick or Frankfurt. In addition, the Catalan airline will end 2012 with a profit for the fourth consecutive year.

By early 2013 the Airport of Lleida-Alguaire, located in Western Catalonia next to the border with Aragon, will have a maintenance centre with a capacity to host up to 50 airplanes like the Airbus model A320. The private company AirHoster will invest €3 million in building the initial facilities. 75 jobs will be created, as well as a school to train technicians. The Lleida-Alguaire Airport has received very few flights since it opened its doors in January 2010, most of them run by tour operators bringing skiers to the Pyrenees.

The Catalan Government has confirmed that Ryanair will route its flights through Reus Airport, next to Tarragona and the Costa Daurada, during the winter season. It will link the Catalan airport with 7 European destinations, with a frequency of 21 rotations per week. It is expected that 100,000 passengers will be transported. Last year, the Irish low-cost airline cancelled all its flights operated through Reus in winter time and was only present during the summer season.

Catalonia’s main airport had 3,874,131 passengers in August which is the highest monthly figure the airport has ever achieved. In the first 8 months of the year, there have been over 24 million passengers travelling through Barcelona El Prat Airport, 4.4% more than during the same period in 2011. Girona Costa Brava Airport also had success this August with 14.5% more passengers and 15% more flights compared to the same month last year. However, the number of passengers at the small Reus Airport fell by 28.5%, due to Ryanair’s reduction of flights.