One low bid at auction for Spanish 'ghost airport'

One of Spain’s “ghost airports” – expensive projects that were virtually unused – received just one bid in a bankruptcy auction after costing some €1.1bn to build. The buyer’s offer: €10,000.

One low bid at auction for Spanish 'ghost airport'

One of Spain’s “ghost airports” – expensive projects that were virtually unused – received just one bid in a bankruptcy auction after costing some €1.1bn to build. The buyer’s offer: €10,000.

Ciudad Real Central airport, about 150 miles south of Madrid, became a symbol of the country’s wasteful spending during a construction boom that ended with the financial crisis of 2008, the year the airport opened.

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