Spanish 'ghost airport' in Ciudad Real up for sale
Monday 09 December 2013
A barely used Spanish airport that cost some 1.1 billion euros (£900 million) to build and became a symbol of the country's wasteful spending ahead of an economic downturn has gone on sale for a minimum price of 100 million euros.
Ciudad Real's Central airport, about 150 miles south of Madrid, opened in 2008. The airport's operator went bankrupt last year after it failed to draw enough traffic, becoming known as one of the country's "ghost airports."
Its construction was heavily funded by the Caja Castilla La Mancha savings bank — the first of Spain's troubled savings banks to be bailed out, in 2010.
Spanish news agency Europa Press said the company's receiver put the airport up for sale Monday and is accepting offers until 27 December.
- 2 This letter from a reader explains why women can’t play football
- 4 Scientists predict green energy revolution after incredible new graphene discoveries
Ukip says babies born to immigrants in the UK should be classed as migrants – which would include Nigel Farage’s own children
The young are the new poor: Sharp increase in number of under-25s living in poverty, while over-65s are better off than ever
Obama: The only people with the right to object to immigration are Native Americans
Tamir Rice: 12-year-old boy playing with fake gun dies after being shot by Ohio police
Rochester aftermath: Sacking of Emily Thornberry will make work of Labour MPs '10 times harder'
Ed Miliband's 'north London set' must be demolished to save Labour, say critics
Excellent Salary: Austen Lloyd: SURREY MARKET TOWN - SENIOR PROPERTY SOLICITOR...
Negotiable: Recruitment Genius: What do you want to do with your career? Do yo...
Negotiable: Recruitment Genius: This company is a leading expert in immunoassa...