josep piqué

Worked as foreign affairs minister during José María Aznar's government before Iraq War

José Manuel Lara Bosch, President and partial owner of the Barcelona-based Grupo Planeta – the world’s largest publisher in Spanish language – died on Saturday in the Catalan capital aged 68, after a long battle with pancreatic cancer. His funeral was held on Monday in Barcelona and it brought together top representatives from Catalonia’s and Spain’s political, business, media and cultural worlds. Grupo Planeta owns many publishing houses as well as TV channels, radio stations and newspapers. It also grants each year the biggest prize in Spanish literature. In the late 1960s, Lara Bosch started to hold top positions in the family’s publishing house Planeta, founded by his father. In the 1980s, he was behind the business’ expansion, buying many publishing houses. His brother’s early death in 1995 made him become the group’s ‘number 2’ after his father, who passed away in 2003. In the 1990s and 2000s, Bosch transformed Planeta into a multimedia giant.

The airline group formed by British Airways and Iberia, IAG, announced it will buy up to 220 new Airbus 320 between 2015 and 2020, 120 of which will be for the recently-purchased Catalan company Vueling. IAG bought the Barcelona-based airline last spring and the operation was authorised in July by the competition authorities. Vueling is currently one of the few profitable airlines in Europe, with a business model evolving from a low-cost airline but offering business services and flying to the main airports in Europe. In fact, the company links Barcelona El Prat with 104 destinations (in Europe, the Middle-East, Russia and Africa) and it has operation bases in Madrid, Paris and Amsterdam, among others. Last July, Vueling increased its number of transported passengers by 18% and flights by 13% on July 2012 figures.

IAG, the company resulting from the merger of British Airways and Iberia, improved its initial offer from €7 per share to €9.25 to buy 100% of the Catalan airline’s shares. Iberia already owned 45.85% of Vueling and the IAG offer aimed to buy the remaining 54.15%. However, IAG had already stated the operation would still be carried out if it could buy 4.16% of Vueling’s share, in order to own 50.01% of the airline. Finally, more than four fifths of the remaining shareholders decided to sell their stocks to IAG. The international airline will buy 44.66% of Vueling’s shares and then it will own 90.51% of the company based in Barcelona El Prat Airport. Vueling is one of the few European airlines that has made a profit in the last few years. It has a competitive business model, flying to more than 200 destinations.

The Cercle d’Economia, the main Catalan economic forum open to businesspeople and academics, has published an opinion note on the political context following the last Catalan elections. In the note, the Cercle asks the Spanish Government “to talk” about the Catalan self-determination and “to reform” the Constitution accordingly. The Cercle does not explicitly back an independent Catalonia but it supports a deep reform of Spain’s territorial organisation and the finding of a negotiated solution for both parties, which may be reached through a legal referendum. In addition, the Cercle asks for a review of Spain’s internal distribution of the deficit targets among government levels and to increase those of the Autonomous Communities.

The Catalan company presented its strategic plan for next two years, which fosters its main hub, Barcelona El Prat Airport, by adding 28 new routes from next summer. Vueling plans to transform Barcelona Airport into the main European hub for short and medium distance flights. Currently, it is already the second continental hub in this category. Furthermore Vueling will strengthen its offer to business travellers by unveiling the ‘Excellence’ flying class and direct flights between Barcelona and London-Gatwick or Frankfurt. In addition, the Catalan airline will end 2012 with a profit for the fourth consecutive year.

Considering the “exceptional” crisis Spain’s banking system is going through, the Cercle d’Economia, a Catalan economic forum open to businesspeople and academics, recommends “drastic” measures in order to face a “systemic” problem at European level. The Chairman of Cercle d’Economia, former Spanish Minister Josep Piqué, stated that Spain “will not succeed on its own”.

The Catalan airline will invest €325 million in increasing the number of destinations and frequency of its flights from Barcelona El Prat Airport. Vueling will base 28 planes at Barcelona, after having bought 5 new aircraft. These initiatives demonstrate that Vueling continues with a strategy to consolidate Barcelona Airport as “a true hub” for intercontinental flights. The Catalan airline expects that up to 2 million of its passengers will change flights at Barcelona.

In an international conference taking place in Barcelona of Ombudsmen from Europe, America and Africa, the Catalan Ombudsman, Rafael Ribó, has warned that the institution has “less influence”. Furthermore, in some areas of Europe there is a threat that they will “disappear”. The Ombudsmen have been discussing their role in the face of the privatisation of basic services. The conference has been organised with the ‘Cercle d’Economia’, which is mainly an economic forum, open to businesspeople, academics and economic professionals.

The airline Vueling, which has its main base at Barcelona’s El Prat Airport, has a network of permanent operating bases, to which Paris Orly will be added if French authorities give the green light. Vueling’s Chairman, Josep Piqué, announced that a minimum of six planes will be based at France’s second airport. Across the 21 routes it has in France, the airline estimates that it will carry 26% more passengers in 2011 when compared to last year.