Fraport is selling it's share in Frankfurt-Hahn airport to State of Rheinland-Pfalz
Fraport has sold it's 65 % share of Hahn airport to the Land Rheinland-Pfalz. They must have lost like 30 Mio. Euro over the last ten years. Now the local government wants to expand Hahn and make it profitable. Fraport had intended to charge each passenger a fee of three Euros to get profits but when Ryanair threatened to leave they stopped the fee and terminated their whole engagement instead.
German source with pics:
Flughafen Frankfurt-Hahn: Fraport steigt aus - FLUG REVUE
Last edited by Kerosene Kraut; 4th Feb 2009 at 10:59.