The Bavarian Comptroller’s Office accuses the airport of having granted Lufthansa (indirect) subsidies to increase the number of passengers. The higher the passenger number the more pressing is the need for a third runway which is opposed by the City of Munich (23% stakeholder in the airport) but supported by the State of Bavaria (51% stakeholder). The remaining 26% is controlled by the Federal Government.
Lufthansa is the airport’s single most important client (53% of the 41m passengers who us ....
04 Apr 2016
Has Munich Airport subsidised Lufthansa?
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Has Munich Airport subsidised Lufthansa?
Deutsche Lufthansa AG (LHA:WBO) | 0 0 (-0.3%) | Mkt Cap: 12,564m
- Published:
04 Apr 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2 -
The Bavarian Comptroller’s Office accuses the airport of having granted Lufthansa (indirect) subsidies to increase the number of passengers. The higher the passenger number the more pressing is the need for a third runway which is opposed by the City of Munich (23% stakeholder in the airport) but supported by the State of Bavaria (51% stakeholder). The remaining 26% is controlled by the Federal Government.
Lufthansa is the airport’s single most important client (53% of the 41m passengers who us ....