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Showing posts with label Spain's first private airport goes bust. Show all posts
Showing posts with label Spain's first private airport goes bust. Show all posts

30 Oct 2011

Spain's first private airport goes bust

 Spain’s first private airport has closed. The Ciudad Real Airport was opened in December 2008, considering that it could act as a Madrid overflow for residents in the south, but that just has not happened. The very last flight, operated by Vueling and with just 45 passengers, took off for Barcelona on Saturday at 2,45pm. The airline lasted less than a year at the Ciudad Real airport which has been dogged by bad luck from the start. It had problems with the environmental agency in 2005 as it is located in a special bird protection area, there were complaints that as much as 50% of the building works were illegal, it needed a continued supply of capital, and the intervention of the Bank of Spain in the CCM Castilla La Mancha savings bank revealed more irregularities. The airport closes...

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