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Madrid approves privatization of Madrid-Barajas and Barcelona-El Prat airports

Madrid, Spain - From which it aims at gaining 5.3 billion Euros

Spanish government authorized the privatization of 90.05% of the main airports of the Country: Madrid-Barajas and Barcelona-El Prat. The auction sale, scheduled for July 30, involves the management of the airports for 20 years, plus an eventual optional renewal of the management for further five years, and will make earn at least 5.3 billion Euros to the Spanish government (3.7 billions for the...

AVIONEWS - World Aeronautical Press Agency - 1132086

AVIONEWS - World Aeronautical Press Agency
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