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Lufthansa to invest heavily in Munich hub

The Local · 22 Dec 2010, 18:16

Published: 22 Dec 2010 18:16 GMT+01:00

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Lufthansa and FMG, the airport's governing body, are to invest €650 million ($850 million) to build a satellite terminal that would expand annual capacity by 11 million passengers, a statement said.

Terminal 2, to which the structure would be attached, is expected to reach a maximum capacity of 25 million passengers next year, meaning the extension would raise its potential by 44 percent.

The airport is to cover 60 percent of the project's cost, with Lufthansa paying the rest.

Munich is working to close the gap with Frankfurt, Germany's leading airport, but the planned development still requires final approval from the German state of Bavaria and the Munich city council.

Last year, Munich saw 37.2 million passengers, behind Frankfurt at 50.9 million but well ahead of number three Düsseldorf on 17.8 million.

Story continues below…


The Local (news@thelocal.de)

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Your comments about this article

21:04 December 22, 2010 by Fruitkok
I am Dutch and live in Athens for a while. Since both-way tickets are 350, I always fly with Lufthansa which saves me about 50%. I have used Münich Airport, Frankfurt Airport and Düsseldorf Airport. While only Frankfurt is of comparable level to Amsterdam about service and fun, it should be said that German airports are still among the best I have used so far. I would love to have some cheaper train connections with Düsseldorf.

If the plan of flight taxes is still on, I just wanna say it's bloody stupid. In Hollanda we tried it 3 years ago. Everyone know it would raise a little and would cost the economy a lot. One year later, the tax was cancelled but at a big cost to our economy and competitiveness. Unbelievably stupid that you are making the same mistake now.
21:05 December 22, 2010 by catjones
Puts Berlindorf in its place.....
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