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German Airports Expect $1.75B Loss in 2021

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BM.GE
29.09.21 22:30
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The German Airports Association (ADV) said that the country’s airports expect a €1.5 billion ($1.75 billion) loss in 2021 despite increasing air traffic.
 
Association chief Stefan Schulte told a conference in Berlin that airports' economic condition is difficult although there were more passengers during the summer, AA (Anadolu Agency) reports.

The number of passengers in 2021 is expected to be 35% less than pre-pandemic 2019 figures, he said.

Schulte, who is also the CEO of the largest German airport in Frankfurt, said airports can gradually reach 2019 figures after 2024.

Germany's airport lost €2.1 billion last year due to the pandemic measures.

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