Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Aeromur denounce confiscation of goods at Corvera Airport

Source: La Opinion de Murcia - Mon 30th Sep 2013
Aeromur denounce confiscation of goods at Corvera Airport

Sacyr, the majority shareholder behind the former concession holder for Murcia's Corvera Airport, has called for legal protection over what they see as the confiscation of goods from the facility.

Aeromur had their contract to operate Corvera Airport terminated by the regional government of Murcia on the 20th September, due to their continued inability to bring the airport into operation.

Last week the Guardia Civil were called to the airport at the request of the Ministry of Public Works to prevent the passage of people and goods in and out of the airport following the decision to terminate Aeromur's contract. Sacyr in turn are calling the move 'confiscation', as no legal settlement or transfer agreement has been made at this time.

This has prompted Sacyr to issue a request of Murcia's Superior Court of Justice to protest their "helplessness" in the situation, and to establish the correct procedures for both parties to follow from here on, considering the termination of the contract.

The regional government has until the 31st of December to successfully appoint a new partner to bring the Airport into operation by Summer 2014.

Comment on this Story

 
Be interesting how this plays out, in theory the Murcia Regional Government has made itself liable for the repayment of the 200 Million Euro guarantee by terminating Aeromur's contract, and without a replacement to take over the airport. I cant see any new operator taking over the obligations of the 200 million Euro guarantee the debt against Corvera the 70 - 80 million Euro that AENA want. Not to mention that it will not have the number of passengers passing through the airport as was predicted at conception, and will need some serious financial input to even open.
Lucinda Castiles - Mon, 30th Sep 2013
Under the circumstances, I think Murcia is justified in putting an embargo on everything at the airport until such a time that the exact situation is made clear. I may be a cynic, but I would guess that the assets would soon disappear in the event that Sacyr were made to pay compensation !
Tyler - Mon, 30th Sep 2013