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Spain's white elephant airport spends 30 million euros on advertising
10 January 2012 @ 13:37

The scandal of a "ghost" airport in Spain that has yet to see a single passenger through its terminal has deepened with revelations that 30 million euros has been spent on advertising it.

Castellon airport in Spain's Valencia region was inaugurated in March last year after an estimated 150 million euros (£130m) was spent on its development.

But not a single aircraft has landed on its runways after the airport failed to secure a license and was unable to attract airlines to add the destination in their routes.

The airport has become a symbol of reckless public spending on ill-thought out projects across Spain that has left the country crippled with debt. A recent report showed that only 11 of Spain's 48 airports were profitable.

Now, Just days after the debt-laden autonomous region was forced to seek assistance from the central government to stall a default on a loan of 123 million euros, details of the accounts of the Spain's newest airport have been made public.

It emerged that 30 million euros was spent on publicity for Castellon's airport as it was promoted at tourism fairs, according to a report in Spain's daily El Pais newspaper.

Read the full article at the Telegraph




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1 Comments

stormin said:
21 February 2012 @ 18:50

Why did the airport not secure a license and is this the reason for its failure to attract airlines?

I live nearby and would love to be viable!!


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