Sale airport Frankfurt-Hahn, act second

After the unprecedented fiasco of July, the regional government of the state of Rhineland-Palatinate starts a…
a second attempt to sell the loss-making airport Frankfurt-Hahn. 13 young people interested.
The regional airport Frankfurt-Hahn, which is owned by 82,5% in the state of Rhineland-Palatinate and by 17.5% in the land of Hessen, is incurring losses for decades. The first attempt of sale of last July ended in fiasco when it became known that the potential chinese investor attempted probably to deceive the German public, since, among other things, had forged bank documents. “Absolute stupidity,” comments an employee of the airport who wanted to keep his anonymity. “You can sell a car without knowing if the buyer has money?”.
This week began the second attempt at selling υπερχρεωμένου airport with a total of 13 stakeholders to have the first contacts with the local government.
Worried workers
The developments of recent months have caused, of course, a climate of insecurity and uncertainty in employees. I finally found a buyer? Or will it shut down the airport, giving its location in an industrial park? “If you stop coming passengers, this would damage irreparably me and my family,” says the owner of a taxi Victor Κέξελ. “We bought the taxi with my partner. We have two employees. But it is very difficult to pay the minimum hourly wage of 8.5 euro.
The ceo of the airport, Marcus Boong appears reassuring and optimistic. He refers to the recently signed extension of the agreement with Ryanair, but also recent estimates of economic inspectors for the prospects of sale. Under the present circumstances, the airport could operate, as an intermediate solution, and a state loan of eur 34 million.
For the current year, but the Frankfurt-Hahn expects a slight decrease of passenger traffic. “Between 2015 and 2016 there will be a small reduction. It is important to not be more than 10%. In this phase there is something like that”, believes Marcus Boong.
Limits the supply of Ryanair
Next October Ryanair will include in its programme, and the Luxembourg airport, which is just 100 km. by the Han. This will lead to a slight reduction in the supply of airline from the German airport. At the same time, Ryanair significantly expands the offering and from the airport Cologne-Bonn. In contrast extend its own offer to the Khan, the Hungarian Wizz Air. “The share of Ryanair in passenger our flights are no longer 95%, such as up to a few years ago, but in the meantime just 83%,” says the ceo of the airport Boong. At the other extreme are significantly reduced commercial flights.
The question is, if I found a serious investor who will save the Han from the final padlock. The next few weeks and months would be crucial for the future of the small airport.
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