EIB PLOTS EURO 90 MILLION INJECTION FOR PORTUGUESE AIRPORTS
October 1st, 2010
BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) is planning to lend Euro EUR90 million to airport operator Aeroportos de Portugal (ANA) to fund improvements to seven airports in the country. The bulk of the money will be spent at the mainland airports of Oporto, Faro and Lisbon, with smaller investments at ANA's four airports in the Azores archipelago - namely Ponta Delgada, Horta, Santa Maria, and Flores. An EIB note said upgrades would be "primarily aimed at improving safety and service standards and alleviating specific operational and capacity ...
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