Aena lost 126.8 million, its first acquisition in the red since 2012 | Companies

Aena’s airports will be completed in 2020 and will have additional traffic and benefit increments. The red number marks 126.8 million in the year of the pandemic, a figure that contrasts with the 1,442 million won in 2019. Inside the critical state of the accounts, the company increases the estimate of one lost losses by the consultants consulted by Bloomberg of 190 million (average between 155 and 230 million).

The impact of the sanitary crisis on the entrants has been 2,262.9 million. The total respect for 2019 is 50.2%, up to 2,242 million. The ebitda, of 714 million, presents a contraction of 74.2% in comparison with the 2,766 million one year later. This ultimate quantity includes the 22.7 million brought by London-Luton and the remaining 66,8 million by Aena Brasil through the update of the value of the concessions in this country, where the balance of the contracts before the debacle of traffic. The Spanish airline concession from Murcia is recovering, for its part, a backlog of 45.3 million.

Pese a los impactos, the ebitda of Aena also increases the 679 million hoped for by the consensus of analysts.

The company declares 2,065 million in the box, which has a total of 845 million available in its payroll program.

The 72.4% increase in passenger traffic in the Spanish airport of airports, up to 76.1 million, has risen regulated ingress of aeronautical activity with a descent of 67.1%, marking 986 million. The number of passengers traveling to graduation is up to 99% in global confinement weeks.

El commercial, based mainly on the increase in terminal space, down 16.4% in billing, up to 1,046 million, as of December 31, including a share of 635 million euros and the concept of Minimum Guaranteed Annual Rent (RMGA).

The company recounts this last account of the NIIF 16 (lease) imperative, but recognizes that it has not been approved. Of the 635 million, 198 million derivative of the first state of emergency (from 15 March to 20 June 2020), to which Aena has proposed a 100% increase in its RMGA requirements.

Aena declares 2,065 million in the box, which has a total of 845 million available in its payroll program

About the cobra of the alquilers Aena maintains a pulse with some of his mayors unqualified by the amount of the rent in full derrumbe of activity. The situation of the airport rescue service offers the quoted discount of 100% during the months of the first state of alarm and 50% from the 21st of this month until the 8th of September this year. An offer that sums up the 100% discount to the retailers affected by the complete closure of terminals. Aena has defended that with this help there will be more than just the Real Decree Ley to support the tourism sector, the hostel and commerce (RDL 35/2020), and to complete 800 million million dollars for their income between 2020 and 2021 about the minimum interest rate that deberían has paid in normal circumstances.

At present, the company has revealed that 56.2% of commercial customers, holding 72 contracts and with a weight of 13.2% on the RMGA, have adhered to the proposal. Prohibition of sanctions, restan los de burgemeester peso para Aena. Do not hesitate to contact us between the invoices and the invoices Dufry, Areas and SSP. During the negotiations for the rebalancing of the concession contracts of retailers, restaurateurs, financial entities and then negotiations established in the Spanish terminals, many of them have advertised a rebate on the comparable interest rate in the area of ​​air traffic.

“As illustrative effects, this has been accepted by all commercial operators, the import of RMGAs is billed in the last 620.3 million euros of past business activities to 179.5 million euros. The impact on the quay will be produced in 2021. At the level of increments, the difference between both amounts (440.7 million euros) will be adjusted as a minor increment of linear manner from the close of the agreements and during the duration of each of affected contracts ”, Aena explained in her presentation before the CNMV.

Air reels

As a result of the reactivation of the traffic ahead of the spring period that began on April 1, the Aena council has approved an extraordinary incentive for the airlines operating the recovery operation up to 31 October.

The company premiums the recovery rate from minimum umbrellas with respect to 2019 production: for the first three months (April, May and June) it is established at the level of 30% and, for the last four months, from 45 % of recovery. The flights will receive their activity recovery percentages in respect of the same months of 2019, independently of the travel number, we will benefit from the acquisition rate in terms of identification of their reactivation.

In normal circumstances this tax has a weight of 20%, in the tariff cargo that supports the airlines, but with the lower factor of actual occupancy of the aircraft this component of the global tariff has increased its weighting in the costs of any airline. From the Association of Air Lines (ALA), the second year has passed since the incentive was enforced to cover the passenger bag, but Aena is maintaining the rebar over the atrial bag to reactivate passenger operations independently.

The new descent takes place simultaneously with the application of the collective bargaining agreement starting this March. Aena has been provided with a forecast of 137 million travelers for this year, was affected by the restrictions to fly. The figure is 80% higher than in 2020 traffic.

The company that President Maurici Lucena has also paid this month now has the money of 405 million euros between April and December of this year. A report that derives from the adjustment of capacity and other austerity measures with the aim of preserving the caja mientras has decided to maintain 100% of the plant.

Incentives are prolonged during the vernacular

Aena ya elevá in October of this year the mechanism of rebaja in the bag of atrizzaje puesto in march in June. The aid to the airlines will open on March 31st, 2021. Buscaba will continue the additional traffic, from one of the prefabricated umbrellas, with the descent in the bag of atersia.

In addition to October, Aena benefits the totality of the operations in ideological proportion to the production recovered from a basic level of 20% in front of the vultures of the early winter period (2019/2020).

The model is maintained, but the umbrellas are below 30% from 1 April to 30 June, and 45% during the months of July, August, September and October.

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