Palma most ‘profitable’ airport in Spain

SON SANT JOAN topped the list of Spain’s airport authority AENA’s 10 ‘profitable’ airports, out of 47, in 2011.

AENA closed last year with a €220 million loss, which was less than 2010’s €275 million loss.

The Palma de Mallorca airport made a €44.7 million profit in 2011.

This was followed by Tenerife Sur and Gran Canaria in the Canary Islands with €24.9 million and €22.3 million respectively.

Alicante came fourth with €10million followed by Lanzarote (Canaries) with €8.7million. Sevilla, Valencia, Ibiza (Balearic), Fuerteventura (Canaries) and Bilbao made up the remaining five with €6.1 million, €5.6 million, €3.5 million, €1.2 million and €1.7 million.

The biggest losers was Malaga-Costa del Sol airport with a loss of €20.6 million, followed by La Palma (Canaries) with minus €14.7 million, Menorca (Balearics) with minus €10.8 million, Vigo with a €10.6 million and Vitoria with a €10.2 million loss.

The rest closed with one digit losses.

Meanwhile, budget airline Monarch announced additional flights to key leisure destinations across the Mediterranean late summer 2012 from new base at East Midlands Airport. Destinations will include Malaga, Alicante, Palma de Mallorca and Faro (Portugal).