Description: Last March, local officials inaugurated a brand new airport in Castellón, a small city on Spain’s Mediterranean coast. They are still waiting for the first scheduled flight.

Source: NYTimes.com

Date: 06/24/2011

Link: http://www.nytimes.com/2011/06/25/business/global/25iht-transport25.html?ref=business

Questions for discussion:

• Explain the financial planning problems in Spain?
• How can they be resolved?