Canary Islands Airlines have been given €5 million to boost demand.

9.10.21

Canary Islands Airlines have been given €5 million to boost demand.

The local government of the Canary Islands of Spain is offering airlines a 5 million euro incentive in the hopes of revitalizing the island's tourism industry in the aftermath of the COVID19 pandemic. Subsidies are being given to airlines to help the eight major islands attract more visitors as the aviation industry recovers from the global medical emergency.

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The aid will be made available to all airlines operating to the Canary Islands from the peninsula, the European Union, the United Kingdom or any other country. In the announcement of October 6, 2021, the Canary Islands government said that airlines would have 15 business days to request the aid, which would be available for flights arriving before the end of this year.
The subsidy is calculated per passenger seat, with up to € 6 per seat for international flights and € 3 per seat for domestic flights originating in Spain. An airline can receive a maximum of 600,000 euros within the specified framework. Regarding airline incentives, Travel Weekly quoted the Canary Islands Minister of Tourism, Industry and Commerce, Yaiza Castilla, saying:
“After the pandemic broke out, returning to normal was not easy due to travel restrictions .
“The airlines are in a difficult financial situation due to the lack of activity, so it is to be expected that their focus will now shift to the most profitable routes.
"For this reason, Canarian tourism has an aid system that compensates for the disadvantages of the archipelago in terms of air traffic and helps to improve access for national and international visitors."
The Canary Islands are located 100 kilometers west of Morocco in the Atlantic and are the southernmost of the autonomous communities of Spain. Economically and politically, the Canary Islands are part of the European Union. The Canary Archipelago is made up of eight main islands: El Hierro, Fuerteventura, Gran Canaria, La Gomera, La Graciosa, Lanzarote, La Palma and Tenerife.
The Canary Islands are mainly concentrated on the two main islands Gran Canaria and Tenerife and have around 2.1 million inhabitants. The main tourist centers of the island are Tenerife, Gran Canaria, Fuerteventura and Lanzarote, which annually attracted around 12 million visitors before COVID19.
Caused by volcanic eruptions, as shown by the Cumbre Vieja volcanic eruption on the island of La Palma, the Canary Islands are heavily dependent on tourism. With long, hot summers and mild, moderate winters, the Canary Islands and their beaches have been popular with northern Europeans in search of winter sun.
In addition to the mild climate, the Canary Islands also offer many natural attractions for tourists, such as the Dunes of Maspalomas and Mount Teide (3,718 m (12,198 ft)), the highest mountain in Spain and the third highest volcano in the world.
As mentioned above, tourism is vital for the Canary Islands and in autumn subsidies could prompt airlines to move more flights to the Canary Islands.

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9.10.21

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