I'm puzzled.
Not long ago people were saying that the remaining period of the concession was too short for any significant new investment by the Spaniards to be worthwhile (with the money clearly expected to come from them).
Now we read that LLAL (LBC's airport management company) is advertising for an engineering consultant to help it prepare and pursue planning applications to expand the airport by 50% or more.
So it seems that LBC is preparing to go it alone in developing the airport (where's the money coming from?) or perhaps in partnership with someone else (goodbye Abertis?)
Doesn't this suggest that the Spaniards are going to walk away at the mid-term break point and that they may already have told the council where to put its airport?