Airports capacity (MERCOSUR and Iberic peninsula Sample Clauses

Airports capacity (MERCOSUR and Iberic peninsula. As far as airports capacity is concerned, Xxxxxxx Airport is leading the way positively. The inauguration of the terminal 4 last February increases its capacity to handle up to 70 millions passengers per year130. One should bear in mind that the last year’s record was 42 millions passengers131. This investment was the 127 Ibidem art VI of the Annex 128 Convention between the Spanish and Brazilian governments concerning the civil air services, 28/11/1949, Section 3 of the Annex 129 Ibidem Section 4 e) of the Annex 130‘AENA aplaza una semana la inauguración de la nueva terminal del aeropuerto xx Xxxxxxx’, El Mundo, 12/01/2006 available at xxxx://xxx.xxxxxxx.xx/elmundo/2006/01/11/madrid/1136980024.html 131 Presentation Madrid Xxxxxxx airport available at xxxx://xxx.xxxx.xx/csee/Satellite?cid=1049727006329&pagename=Estandar%2FPage%2FAero puerto&SMO=1&SiteName=MAD&c=Page&MO=5 answer to the expected growth thanks to the fact that Madrid seeks to become a hub to the South America. As the president of Spain's airline pilots' union, Xxxxxxx Xxxxx, clearly stated `Barajas will become the best hub for flying from Europe to South America. Geographically, Spain is in the south of the Old Continent and it would be logical for Madrid to take on the same role as American airports in Miami or Atlanta, which concentrate on southbound traffic’132. It is worthy remembering that Madrid is not only the Hub for Iberia but also for Aerolineas in Europe133. On the other side of the Iberic Peninsula, the airport capacity is a major issue. After five long years of discussion, the Portuguese government declared the construction of a new airport operational in 2017 which will replace the saturated Xxxxxxx Airport134. Regarding the airport capacity on the other side of the Atlantic, it seems that it will not constitute a problem. The works have already begun at the Buenos Aires Airport, in order to increase its current capacity (six millions passengers per year) to 11 millions135. This decision was taken in 2000 and it aims to answer to the touristic growth expected until 2022136. The biggest and busiest airport in Brazil and Latin America, the Guarulhos Airport, is also preparing its future. The National Authorities agreed to build a new passenger terminal and third runway expanding its capacity to 25 million passengers annually (in 2004 the annual 132 ‘Europe's Front Door’, Latin trade website available at xxxx://xxx.xxxxxxxxxx.xxx/dynamic/index.php?pg=site_en/pastissues/Jun05/destin...
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