Germany’s Frankfurt-Hahn airport files for bankruptcy

Frankfurt-Hahn Airport, located in western Germany, has filed for bankruptcy. Officially, this happened due to a pandemic, but a decrease in passenger traffic in the air harbor was noted even before 2020.

The history of the airport began with its use as an air harbor for the US military, but after the end of the Cold War, it was converted into a civilian one.

The first passenger planes took off from Frankfurt-Hahn in 1993 - then the passenger traffic was small. The situation began to change six years later, after the Irish low-cost airline Ryanair had made the airport one of its hub airports.

At the best of times, the number of passengers reached 4 million, but later this figure began to fall inevitably, and in 2019 it reached only 1.5 million.

The coronavirus pandemic that happened in 2020 with the imposed restrictions on transportation only exacerbated the situation, and the airport was no longer able to recover. At the same time, the subsidies allocated by the state to support other aviation harbors bypassed Frankfurt-Hahn airport.