Spain Begins Privatizing 46 Airports

Spain put in motion the partial privatization of its 46 government-owned airports by closing a deal with a trio of investors for a 21% “cornerstone” bloc of a new airport holding company. Named Enaire, the new company owns 100% of the existing airports operator, Aeropuertos Españoles y Navegación Aérea (AENA). The investors paid Euro 1.620 billion (US$2 billion) for their bloc. AENA, the biggest airport operator in the world in terms of passengers, handled more than 187.3 million travelers last year.


About Bill Reinhardt

Editor of Public Works Financing newsletter
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