Release date: 1 February 2002
Promoter – Financial Intermediary
Air Nostrum Líneas Aéreas del Mediterráneo, S.A.Location
Description
The project concerns acquisition of several aircraft to renew and expand the fleet. The aircraft will be operated mainly within Spain and between Spain and secondary airports in Europe.
Objectives
The project will contribute to regional development and improvement of transport links within Spain and between Member States on low density regional routes.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of the total project cost
Total cost (Approximate amount)
Around EUR 800 million
Environmental aspects
The new aircraft fulfill all current requirements with regard to noise and emission. The introduction of modern aircraft will reduce noise and gaseous emissions as well as specific fuel burn per passenger-kilometer. Due to its nature, size and location, the project is not expected to have a significant negative impact on the environment. In accordance with its normal procedure, the Bank will ensure that appropriate measures have been taken as regards environmental protection.
Procurement
The order has been placed after evaluation of offers from all potential suppliers.
Status
Signed - 23/05/2003
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).