Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland
Advertisement

EU probes state aid for Frankfurt's Hahn airport

Share this article

EU probes state aid for Frankfurt's Hahn airport
Photo: DPA
08:00 CEST+02:00
The European Commission opened a probe Tuesday into state aid to Frankfurt's Hahn airport and contracts with low-cost carrier Ryanair to ensure that they respect EU rules after receiving complaints.

The investigation targets in particular two capital increases that the Hessen and Rheinland-Palatinate regional authorities participated in and a profit-and-loss transfer agreement with its mother company Fraport.

The commission, Europe's top competition watchdog, said it would also look into fees at the airport and in particular individual contracts with Ryanair. German airline Lufthansa has complained in the past that Ryanair benefited from reduced fees at the airport, where the cut-price airline has one of its biggest European hubs.

Hahn is situated around 150 kilometres southwest of Frankfurt and is one of Ryanair's biggest European hubs.

Flughafen Frankfurt-Hahn GmbH is 65 percent owned by Frankfurt airport operator Fraport, while the regional state authorities of Hesse and the Rhineland-Palatinate each hold 17.5 percent.

Get notified about breaking news on The Local

Share this article

Advertisement

From our sponsors

The Swedish university where students tackle real-world problems

Ranked among the world's best young universities in the QS Top 50 Under 50, Linköping University (LiU) uses innovative learning techniques that prepare its students to tackle the challenges of tomorrow.

Advertisement
Advertisement
Jobs
Click here to start your job search
Advertisement
Advertisement

Popular articles

Advertisement
Advertisement