Frankfurt-Hahn Airport and two subsidiaries have slipped into bankruptcy. This was announced by the responsible district court in Bad Kreuznach. The Frankfurt attorney Jan Markus Plathner became the preliminary trustee.
Shortly before the court's official announcement, Wirtschaftswoche reported on the massive imbalance of the airport, which is mainly used by low-cost airlines. The bankruptcy is also spicy because this regional airport is 82,5 percent owned by the insolvent HNA Group. This will be smashed. Just a few days ago, the German management ruled out that the collapse of the group could have an impact on Frankfurt-Hahn Airport.
Now things turned out differently, but they continue to declare that the bankruptcies of Airport, HN Aviation Security GmbH and JFH Jet Fuel Hahn GmbH will have no impact on flight operations. During the corona pandemic in Germany, the airports in Paderborn and Friedrichshafen, among others, had to go to the bankruptcy judge. The procedures were also used to completely reorganize the operating companies. Presumably, the aim is to do something similar at Hahn, in order to be able to protect as much as possible from the pull of the break-up of the HNA Group.
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