Intermoney | ACS, through its US subsidiary Flatiron, will undertake the reconstruction of a runway at Dallas’ second airport, Love Field. The contract budget is 103 Mn€, and the works will comprise, amongst other projects, reshaping the concrete pavement and reforming the taxiway parallel to this runway. Love Field has an estimated annual passenger traffic of 17 million, not counting the pandemic effect, and serves as an operations hub for Southwest Airlines.

Amazon will charge from April all companies that sell their products in Spain, including more than 9,000 Spanish SMEs, the recently launched “Google tax.” This will be a burden for the big technology companies of 3% of their revenues from their digital services in the country. In other words, if a company sells a product for €100 through Amazon, and the reference price is 15%, the platform would apply 3% to that 15%, thus charging 0.45% more, i.e. 15.45%.

The Spanish economy fell by 11% in 2020 as a result of pandemic’s impact on activity, an unprecedented slump in peacetime. It is also the largest annual contraction since statistical data has been recorded, thus ending six consecutive years of growth, according to the National Institute of Statistics (INE). The fall of the economy in 2020 is slightly below that forecast by the Government (11.2%).

Last Tuesday, Spain’s government held the long-awaited auction of 3,034 MW of new renewable licenses with a high level of participation. A total of 84 companies made bids, reaching 9,700 MW, which is three times the power offered. The megawatts allocated were distributed amongst 32 business groups. By technology, 2,036MW were awarded in solar photovoltaic  and 998 MW in wind. Meanwhile, the weighted average price was 24.47 €/MWh for solar PV and 25.31 €/MWh for wind.

The Spanish tourism sector has suffered a dramatic drop in activity of around 70% in 2020 due to the coronavirus crisis. . The last available data, the overnight stays in hotel establishments, confirm just that. They fell by 73.3% in 2020 to 91.6 million, while room rates fell by an average of 6%. So the industry’s recovery depends, partly, on the receipt of European funds. And 70 tourism companies have proposed a project to the government to attract €5.8 billion in European aid.