Bremen Airport is on the verge of bankruptcy - an injection of money is urgently needed. It looks like the city's own society will get this too.

That emerges from an internal draft resolution for the Senate meeting on Tuesday, how weser-kurier.de reported. "Due to the direct effects of the corona pandemic on Flughafen Bremen GmbH, the economic situation is currently critical," the proposal says. The 2020 annual deficit is around 26 million euros, and a loss of almost 19 million euros is expected for the current year due to the ongoing travel restrictions.

The need for recapitalization is therefore around 45 million euros. An overdraft loan from the Bremen finance department does not exactly help the airport. Because this has to be paid back in the middle of the year. And it is precisely this open repayment in the amount of 17 million euros that should at best be taken over by a credit line that is intended to serve companies in distress due to Corona. However, Parliament's Budget and Finance Committee has yet to give its approval.