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.