Spain Approves 0.33 Percent Rise in Aena Fees

Spain approved a new five-year regulatory framework allowing airport operator Aena to raise airline fees by an annual average of 0.33 percent through 2031. Total airport investments will reach 13 billion euros over the period to support growing passenger traffic.

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Two men walk past AENA's offices at Barcelona's airport February 10, 2015. REUTERS/Albert Gea

Spain approved an annual 0.33% rise in airline fees on Tuesday afternoon, allowing airport operator AENA SME SA to lift charges through 2031. The adjustment translates to about €0.03 per passenger annually, falling well short of the operator's initial proposal. Transport minister Oscar Puente said the framework keeps the country's aviation sector competitive in Europe.

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