EIB PLOTS MAJOR INVESTMENT IN BALEARIC AIRPORTS
May 1st, 2010
BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) is planning to lend Spanish airport operator ENTE Público de Aeropuertos Españoles y Navegación Aerea (AENA) up to Euro 400 million to help it improve Balearic islands airports. AENA has a Euro 800 million plan to upgrade Palma de Mallorca, Mahón Airport (Minorca), and Ibiza airports, enhancing capacity, safety and service standards. An EIB memorandum noted all three island airports were EU "connecting points within the [EU] airports trans-European network, making each of the three project components ...
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