Hahn Airport problems

Germany's Hahn Airport, which was controversially renamed by Ryanair Hahn Frankfurt some years back seems to be in trouble.  It is in fact 75 miles from Frankfurt International which in 2009 divested its interest for €1 to the federal state of Rhineland-Palatinate, who also took over the debt.

Jochen Riebel, a former local secretary of state who represents minority shareholder Hesse on the airport's board, said Hahn would use up all its cash within about six months without more finance.

Passenger numbers fell 8% in the first half of 2012 as a German airport tax pushed flyers to cheaper airports in nearby Netherlands.  Last year the airport moved just under 3m passengers but on the cargo front it did well, increasing business by 25%.  Wizz is the only other airline moving passengers in any numbers with services to Budapest, Katowice and Sofia.  Ryanair lists over 40 destinations. www.hahn-airport.de

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