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Buyer pulls out of Spanish airports bid
djfwells
7th Jan 2012, 19:57
Fraport Abandons Spain Airport Concessions Bid (http://www.tumbit.com/news/articles/4559-fraport-abandons-spain-airport-concessions-bid.html)
wowzz
7th Jan 2012, 21:20
Hardly surprising - lcc's are moving to smaller airports, and apart from Madrid, most other Spanish airports are 'bucket and spade' operations with little opportunity to grow expenditure/profit.