In the vortex of the HNA bankruptcy: Frankfurt-Hahn is insolvent

Ryanair at Frankfurt Hahn Airport (Photo: Frankfurt Hahn Airport).
Ryanair at Frankfurt Hahn Airport (Photo: Frankfurt Hahn Airport).

In the vortex of the HNA bankruptcy: Frankfurt-Hahn is insolvent

Ryanair at Frankfurt Hahn Airport (Photo: Frankfurt Hahn Airport).
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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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Editor of this article:

René Steuer is an editor at Aviation.Direct and specializes in tourism and regional aviation. Before that, he worked for AviationNetOnline (formerly Austrian Aviation Net), among others.
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About the editor

René Steuer is an editor at Aviation.Direct and specializes in tourism and regional aviation. Before that, he worked for AviationNetOnline (formerly Austrian Aviation Net), among others.
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Nobody likes paywalls
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Information should be free for everyone, but good journalism costs a lot of money.

If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

In doing so, you support the journalistic work of our independent specialist portal for aviation, travel and tourism with a focus on the DA-CH region voluntarily without a paywall requirement.

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