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[POLITICS] · Spain · 5 sources

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Spanish Government vetoes Balearic airport co-management law

The Spanish Government has vetoed a proposed law that would allow the Balearic Islands to co-manage its airports. The Ministry of Presidency, Justice, and Relations with the Courts filed the veto with the Congress of Deputies, preventing any debate on the initiative.

The government argues that transferring airport management to the autonomous community would result in a significant loss of aeronautical and commercial revenue for Aena, the airport operator. Estimates suggest a reduction in Aena's income of approximately 32.5 to 32.9 million euros, which would also impact state revenues by roughly 8.3 million euros. The government stated that such a reduction could affect Aena’s “economic-financial survival,” noting that 49% of the company is owned by international private investment funds that actively protect their interests.

The veto is based on Article 134.6 of the Spanish Constitution, which requires government approval for proposals that impact the state budget through reduced revenue. Local political group Més per Mallorca has criticized the decision as “aberrant” and “shameful,” calling on the President of the Congress to take a position on the matter.

Entities

Aena · Balearic Islands · Congress of Deputies · Més per Mallorca · Spanish Government