Ryanair at Frankfurt Hahn Airport (Photo: Frankfurt Hahn Airport).
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Insolvency proceedings opened at Frankfurt-Hahn Airport

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Frankfurt-Hahn Airport is experiencing a financial downturn. The official insolvency proceedings for several companies in the Frankfurt-Hahn Airport Group have now begun. Flight operations are to be continued in February.

The insolvency administrator is Frankfurt lawyer Jan Markus Plathner. A continuation is possible "through immediate restructuring measures," according to a press release from his law firm. Plathner added: "We are pleased about this small partial success. However, we have to check how long the business can be maintained. This will depend not least on how much support we receive from everyone involved."

Regarding the first offers with concepts from prospective buyers for Hahn Airport, Plathner explained that these were currently being evaluated. He could not give details yet. Hahn Airport had already filed for bankruptcy in October. Insolvency is not the only problem that concerns Frankfurt-Hahn Airport. According to the Koblenz public prosecutor's office, there is suspicion of gang infidelity, subsidy fraud and delay in bankruptcy.

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