2 NOVEMBER 2009

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Article from BTNews 2 NOVEMBER 2009

Airport operator wanted?

LUBEK AIRPORT, 34 miles north east of Hamburg, has reverted in ownership to the City of Lubeck.  In 2005 90% of the shareholding was acquired by Infratil, a New Zealand investment company that now also owns Prestwick (Glasgow) and Manston airports in the United Kingdom.  A clause in the deal allowed Infratil to opt out if certain passenger throughput levels were not achieved.  Throughput was 612k in 2007; 544k in 2008, and 540k up to and including September of this year.  Lubeck will itself now operate the airport until a new investor can be found.  Ryanair is the main user of Lubeck, and also Wizz Air. www.fhl-web.de

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