Bloomberg News

Ferrovial, NATS Win Spain Control-Tower Contracts, Aena Says

September 28, 2011

(Updates with cost savings in second paragraph.)

Sept. 28 (Bloomberg) -- Spain’s state-controlled airports operator Aena Aeropuertos SA said it awarded Ferrovial SA, NATS Holdings Ltd. and Saerco five-year contracts to manage control towers in 13 airports to cut its costs by close to 50 percent.

Outsourcing control-tower management will enable Aena to reduce its annual costs to 18.1 million euros ($22 million) from 33.9 million euros for the 13 airports, said a spokeswoman who declined to be named in line with company policy.

Ferrovial and NATS will run 10 towers and Saerco will manage three, the airport operator said today in an e-mailed statement from Madrid. The contracts can be extended by a year.

Ferrovial SA and NATS will manage towers in Alicante, Valencia, Ibiza, Sabadell, Seville, Jerez, Vigo, La Coruna, Melilla and Cuatro Vientos while Saerco will manage them in Lanzarote, Fuerteventura and La Palma, according to the statement. Air controllers working for Aena in those towers will have the choice between remaining with Aena and relocating or accepting a new employer with different working conditions.

--Editors: Jennifer M. Freedman, Jeffrey Donovan

To contact the reporters on this story: Emma Ross-Thomas in Madrid at erossthomas@bloomberg.net; Angeline Benoit in Madrid at abenoit4@bloomberg.net

To contact the editor responsible for this story: Matthew Brockett at mbrockett1@bloomberg.net


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