I'm really not sure what to make of this. Stansted's sale was undoubtedly good news in my opinion in BAA's hands as it practically fell apart and now things are starting to look up with a few more exciting prospects and developments.
Luton however hasn't seen the declining traffic and the issues with competition that Stansted had therefore I'm not sure whether a change of ownership should be so welcomed.
My concern is like BAA was, AENA will be very high cost operator running an airport mainly for LCC's who want low costs. Like gilesdavies points out, what if it's in their nature to focus too much on the quality or expansion of the airport and raising fees rather than keeping the costs lower?
Having such a large portfolio of airports, could this not also endanger Luton by exposing it to just subsidising development at airports in Spain? Let's face it, the economy is not great in Spain.
Good luck to them anyhow. Let's just hope that AENA do get it right!
Last edited by FRatSTN; 30th Jul 2013 at 13:04.