resources and procedures could be shared throughout the group. This restructuring, which took place between 2002 and 2004, was another step in creating the conditions necessary for privatization. 2004, which did not bring the expected takeover, was the year in which ANA's airport traffic began to grow once again. The 2004 European Football Championship contributed to this, but also a successful commercial strategy, with flexible prices and incentives which attracted new airlines, especially low costs. ANA Group ANA, SA owns five handling companies. <div> PORTWAY – Handling de Portugal, S.A Formed in July 2000, its primary function is to assist and service aircraft on stop-overs at Portuguese airports, commonly referred as handling. NAER – Novo Aeroporto, S.A. Created under Portuguese Law Decreto-Lei n.º.109/98 de 24 de Abril, this company, which receives exclusively public funds, was established to develop the projects necessary for the preparation and execution of those decisions to be taken in the process of planning and launching a new airport on the Portuguese mainland. ANAM – Aeroportos e Navegação Aérea da Madeira, S.A. Created under Portuguese Law Decreto-Lei n.º.453/91 de 11 de Dezembro, this company, which receives exclusively public funds, was established to study, plan, build and utilise the airports in the Autonomous Region of Madeira. ADA – Administração de Aeroportos, Lda. Formed on 12 September 1994 in Macau, its primary function is the administration of airports, specifically the Macau International Airport (AIM) which opened in 1995, four years before the Portuguese handover of Macau. The management contract granted to the company for the Airport of Macau is valid for fifteen years, with an option for renewal. FUTURO – Sociedade Gestora de Fundos de Pensões, S.A. Formed in January 1988, to manage pension fund management. ANA airports Beja Faro (Algarve) Flores Horta Lisbon Ponta Delgada Porto Santa Maria Cristiano Ronaldo International Airport, formerly known as 'Madeira Airport' References External links Aeroportos de Portugal Aviation in Portugal Airport operators