Tenerife to Launch Its Own Airline in 2021

MIAMI – The President of the autonomous community of Tenerife Pedro Martin has revealed that the island will have its own airline next year. The Cabildo (Spanish system of government administration) would own 25% of the business.

The announcement came on the occasion of the 2021 public budget presentation. According to Martin, the launch is part of a €700,000 negotiated amendment between the government’s PSOE-Cs and Si Podemos parties.

This approach seeks to avoid the “permanent dependence” on tour operators and tourism businesses in air transport. While the Asociación Hotelera y Extrahotelera (Ashotel) of Tenerife started the initiative, small and medium businessmen read more ⇒

Source:: “Airways Magazine”

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