Date: 24 Rabbi al-Thanni 1443   Monday 29 November 2021

  • Last Update: Monday 29 November 2021، 10:20:13.

German airports expect $1.75B loss in 2021

06:29 29 September 2021 Author :  

The German Airports Association (ADV) said Tuesday 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.

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./aa

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