Miguel Praga

📅 On August 20, 17 years after the Spanair flight JK5022 tragedy, Aena's Service of Runway and Platform technicians at Barajas paid tribute to the victims. The crash occurred during takeoff en route to Gran Canaria, with 172 people on board, of which 154 lost their lives. Aena maintains a monument at Madrid's hub year-round in remembrance of those who perished.

💸 Nautalia, under CEO Rafael García Garrido, aims to close 2025 with a net profit of €7-9 million, nearly doubling its 2024 profit of €5.3 million. Prioritizing profitability over volume, more than 95% of its 200 owned agencies are profitable. The focus is on service, brand, and credibility, avoiding price wars. The strategy for the next 4-5 years emphasizes profit margins, crucial in Spain's retail sector which struggles with margin issues.

🚂 AVE train service resumes between Madrid and Galicia after a seven-day suspension due to wildfires in Ourense. Adif confirms that the positive evolution of the fires has allowed for the restoration of high-speed rail traffic. After verifying the infrastructure's condition, Adif has certified that the tracks are now safe for train operations.

🛩️ UGT vs. Ryanair: On August 23-24, UGT plans strikes in 24 Spanish airports, including Barcelona, Madrid, and Valencia, due to stalled negotiations with Azul Handling. Prior strikes on August 15-17 saw no disruptions as Ryanair allegedly circumvented the effects by enhancing staffing and altering shifts. UGT argues these actions violate the right to strike and highlight issues like mass sanctions and fraudulent contracts affecting worker stability. Menzies staff may also join the protests.

🛩️ Air Europa, a financially precarious airline, has survived numerous crises since its inception. Following 9/11, it was allowed to cut costs, saving the company. Hidalgo's management secured crucial investments, including a €50 million deal with IAG in 2019 and a recent deal with Turkish Airlines for €300 million. Despite the pandemic, Air Europa continues to find financial lifelines, while maintaining ownership control, showcasing resilience and strategic maneuvering in the airline industry.