AENA: THE CNMC PROPOSES A CUT IN FEES IN DORA II (ANÁLISIS BANCO SABADELL)
The CNMC has announced its fee proposal for AENA applicable over the 2022/26 period (not binding, part of the mandatory documentation to be analysed by the regulator, DGAC). In its proposal, it incudes a -0.44% annual cut for each of the years of the period.This would be below AENA’s proposal (that suggested rises of +0.52% annually through 2025 and +3.29% in 2026).
Aena SME SA, formerly Aena SA, is a Spain-based company primarily engaged in the airports operation. Its activities are divided into four segments: Airports, which comprises Aeronautical subdivision, responsible for the management of airports, jetways, security, handling, cargo and fuel services, among others, as well as Commercial subdivision, including duty-free and specialty stores, restaurant services, car rental, as well as banking services and advertising; Services outside the terminal, which manages real estate assets, such as parking lots, warehouses and lands; International, which comprises operations of Company's subsidiary, Aena Desarrollo Internacional SA, that invests in other airport owners principally in Mexico, Colombia and the United Kingdom; and Others, encompassing corporate activities. It manages tourism, hub and regional airports, as well as heliports and general aviation areas. Furthermore, its destination range comprises Europe, the Americas, Asia and Africa.
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