Hahn Airport Has Reportedly Been Sold For The Second Time In A Year
The insolvent airport now has two different interested buyers, but only one purchase agreement will be executed.
Hahn Airport is a low-cost and freight airport situated between Frankfurt and Luxemburg. The airport filed for bankruptcy in late 2021, though a buyer was found for the facility in mid-2022, allowing flight operations to continue. Ryanair shifted flights from Frankfurt when it pulled out of the facility. (Featured image: Tom Boon - Simple Flying)
The insolvent airport now has two different interested buyers, but only one purchase agreement will be executed.
The airport was sold in the summer, but payment has not been received.
Hahn's future will inevitably continue to revolve around ULCCs. But since 2004, Ryanair and Wizz Air have cut 84 destinations from the German airport.
Ryanair moved many flights to Hahn after leaving Frankfurt Airport earlier this year.
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Operations are set to be able to continue through next month, but what are the long-term prospects?
Hahn is 100km from the city center of Frankfurt and is located in a different federal state.