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Old 11th Dec 2017, 09:25
  #466 (permalink)  
Buster the Bear
 
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I can confirm that 3 Counties Radio ran a headline stating exactly what LTNman has written earlier today. Announcement to be made formally soon.

In other news.....

Luton is proving to have been a valuable investment for AENA
The one exception is London Luton Airport, north of London. In Aug-2013 Abertis sold its 90% stake in the operating concession on Luton Airport, held through the TBI holding company, to a consortium formed by AENA and the private equity arm of the French insurance group AXA. AENA had previously held 10% of the equity and it now holds 51% of the consortium, and AXA Private Equity, 49%. The deal was worth EUR502 million (USD667 million) for Britain’s fifth busiest airport.

AENA said at the time that it aimed to “substantially build up London Luton…”, and that has been the case. With 18.5% passenger traffic growth in 2016, to 14.5 million, and 10.5% in Jan to Sep-2017, Luton is the fastest growing of those top five airports and one of the fastest growing of any primary UK airport in 2017. Capacity is being increased to handle 18 million ppa by 2020, and a GBP200 million mass passenger transit system should be operational by spring 2021. This will connect the rail station, which will receive an enhanced service network from London and areas to the south of the capital, directly into the terminal.

AENA reports that revenues at London Luton Airport increased by 12% year-on-year in the nine months to Sep-2017. Aeronautical revenues increased by 9.2%, while commercial revenue increased by 14.5%, highlighting a parking revenue increase of 14.8%.

In the first nine months of 2017, AENA’s infrastructure investment programme amounted to EUR246.4 million, including EUR39.7 million invested at Luton Airport. The main investments in the network of airports in Spain have been focused on security and improvements in maintenance.
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