Spanish Prime Minister announced on Wednesday that there will be a 11% cut in airport tariffs until 2021. This means a reduction of 2.2% each year in 2017-2021, the period during which the new Air Regulation Document is valid. Aena estimates that a decrease in tariffs would reduce its revenues by €850 million.
They say that governing is all about choosing (between what is bad and what is worse) and this government is once again facing a difficult decision: whether to lower AENA’s airport tariffs, thus benefiting Spain’s tourism industry which generates the most jobs, or do their own thing and make money. I say this because, obviously, the best way of making money is not to lower the tariffs AENA charges the airlines.