All EOS blogs All Spain blogs  Start your own blog Start your own blog 

Things of huge interest to some

PLEASE CHECK OUT Transferwise in INTERESTING LINKS, BOTTOM RIGHT, under latest posts and archive

Could Corvera airport open on September 18th?
31 January 2014 @ 14:37

Aeromur has come out of bankruptcy protection and will not file for insolvency
Regional government spokesman José Ballesta reported on Friday that Aeromur, the company whose contract to construct and manage the Region of Murcia’s new international airport at Corvera is under re-negotiation, has successfully avoided entering bankruptcy proceedings and that the time limit within which this could have happened has now passed.

Initially the consortium, in which a leading share is held by construction giant Sacyr, had entered voluntary bankruptcy proceedings in September in order to re-finance its debts after it was sacked for failing to open the airport within the specified timescale, but a halt has now effectively been called to these proceedings, partly as a result of the increasing likelihood of the company being re-awarded the Corvera contract. Sr Ballesta reports that negotiations are still being held with Aeromur and with national and European authorities in order to ensure the legality of the procedure by which this might be achieved.

As part of these negotiations, agreements have reportedly been reached which will terminate  the legal proceedings in which the two parties and been locked over control of the completed airport terminal.

In the meantime, it is expected that over the next few weeks the regional government will advise the European Commission of its intention to open the airport in the second half of September this year. According to press reports the exact date proposed is 18th September: this information will be included in the report being sent to Brussels as part of the government’s efforts to gain permission for the plan to extend an equity loan to Aeromur, enabling the company to withstand operating losses over the first few years of the airport’s use........ For more check out source below.

Source: Murcia Today



Like 0




0 Comments


Only registered users can comment on this blog post. Please Sign In or Register now.




 

This site uses cookies. By continuing to browse you are agreeing to our use of cookies. More information here. x