7 Aug, 2013 @ 17:55
1 min read

Ciudad Real airport – yours for only €100m

Airport b

THE Ciudad Real in La Mancha, was the star of Top Gear recently, when the three presenters visited the empty terminal building and raced their cars on the closed runway.

The building which cost €1.1bn was closed in 2012, after the management declared itself bankrupt – just four years in operation.

The airport is now in administration, and the judge has said the site needs to be sold off, and has suggested a sale of €100m. However, anyone buying the site will also have to pay the €529m debt.

The airport, 100 miles south of Madrid, has barely been used and boasts a runway long enough to land an Airbus A380 – the world’s largest airliner.

Ten million passengers a year were expected to pass through its 28,000 sq ft terminal. But It opened during one of the worst recessions ever seen, with Spain particularly hard-hit.

Caja Castilla La Mancha, which was believed to have held a 70pc stake in the airport, was the first of the country’s local savings banks to fail.

5 Comments

  1. How many bloody airports did Spain think it needed !!!???
    there is also one in Murcia been going to open for the last 2 years supposed to open shortly but still waiting.
    there is also an adequate airport called san Javier Murcia — the bureaucracy in Spain is messy and they lost their way 30 years ago and still looking for it.

  2. Corvera airport near murcia has been completed for 18 months
    bur Aena at MJV San Javier have been spending 70 million Euros
    upgrading the facilities
    Corvera was built by the local authority MJV is owned by the state airport Aena org
    originally MJV was mainly Military so the airport had restricted flight times
    now though Corvera has not got permission for flight routes
    and until they reach an agreement to pay MJV they probably will not get them
    nearby Paramount City a rival to Disney is susposed to be built starting later this year /this would mean more flights into the area /for PC to be viable would need tens of thousands to visit and spend money there

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

cameron tension gibraltar e
Previous Story

Cameron intervenes in Gibraltar row

belinda e
Next Story

The Sotogrande season

Latest from Business & Finance

Go toTop

More From The Olive Press

Boozed-up British tourist bites police officers at passport control in Mallorca airport in Spain

What is the passport Entry/Exit System and when will it come into force in Spain and the EU?

NOWADAYS, travellers from outside the European Union get their passports
Air traffic controllers claim 30 drunk Brits fought on board Ryanair flight to Spain's Costa Blanca

Ryanair to add seven new destinations from Alicante this summer

BUDGET airline Ryanair will add a total of nine new