AENA considers Madrid rent cuts

1-Mar-2006

SPAIN. AENA is to consider slashing concession rents at Madrid Barajas terminals one, two and three. Since T4 and its satellite terminal opened last month, passenger traffic at the older terminals has fallen by more than 50%

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With flag carrier Iberia and another 20 airlines moving to the new terminal, concessionaires outside T4 have reported a sales drop of up to 60%.

Sources close to AENA confirmed

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