TravelTill

Economy of Spain


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mph). On average, the Spanish high-speed train is the fastest one in the world followed by the Japanese bullet train and the French TGV. Regarding punctuality, it is the second one in the world (98.54% on-time arrival) after the Japanese Shinkansen (99%).  Should the aims of the ambitious AVE program (Spanish high speed trains) be met, by 2020 Spain will have 7000 km (4300 mi) of high-speed trains linking almost all provincial cities to Madrid in less than 3 hours and Barcelona within 4 hours.

There are 47 public airports in Spain. The busiest one is the airport of Madrid (Barajas), with 50 million passengers in 2011, being the world's 15th busiest airport, as well as the European Union's fourth busiest. The airport of Barcelona (El Prat) is also important, with 35 million passengers in 2011, being the world's 31th busiest airport. Other main airports are located in Majorca (23 million passengers), Málaga (13 million passengers), Las Palmas (Gran Canaria) (11 million passengers), Alicante (10 million passengers) and smaller, with the number of passengers between 4 and 10 million, for example Tenerife (two airports), Valencia, Seville, Bilbao, Ibiza, Lanzarote, Fuerteventura. Also, more than 30 airports with the number of passengers below 4 million.

Spain aims to put 1 million electric cars on the road by 2014 as part of the government's plan to save energy and boost energy efficiency. The Minister of Industry Miguel Sebastian said that "the electric vehicle is the future and the engine of an industrial revolution
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