The AVE deregulation plan is starting to shape up. Public Works will make its first move before the end of Q1 by letting private sector companies run an AVE route that connects Madrid, Valencia and Alicante.
Public Works was smart to speed the process, which will give improve revenues significantly for Adif because of the new toll charge. Deregulating will lower prices for everyone and increase available routes and the number of passengers. All these factors combined should improve the AVE's profits and help boost economic growth in the transportation sector.
