According to a statement by insolvency administrator Jan Markus Plathner, Frankfurt-Hahn Airport will go to Triwo AG. The buyer is already active in aviation and operates the airfields in Oberpfaffenhofen, Zweibrücken, Frankfurt-Egelsbach and Mending, among others.

Originally, the contract was awarded to Swift Conjoy GmbH, which is said not to have paid the purchase price despite repeated requests from the liquidator. The decision was reversed and the bidding race was reopened. At times it looked as if the parent company of the Nürburgring would step in. But now the new contract went to Triwo AG.

"We have implemented a whole bundle of restructuring measures that make Hahn Airport more attractive for airlines and passengers again and have made it possible to continue business operations within the framework of the insolvency proceedings without losses, in order to lay the foundation for a sale. I am pleased that we managed the turnaround together after a sometimes rocky road and I would like to personally thank all employees, the works councils and their advisors for their professional and strong commitment during this challenging time," said the insolvency administrator. "But now it is also important that a new operator takes over the 'helm'." According to him, Hahn Airport can now be operated without losses.

The conclusion and execution of the contract now concluded are still subject to conditions. The parties assume that these will be fulfilled in a timely manner. The purchase price has already been transferred to an escrow account. All around 400 employees will be taken on by the purchaser. It was agreed not to disclose the details of the contract.

"The bidding process has been successfully completed with the fulfillment of all the conditions for completion and the sale to Triwo AG. The four creditors' meetings and the creditors' committee of the main company each voted unanimously for the bid with the highest purchase price. Flight operations will continue until the contractual conditions are met as part of the insolvency proceedings and then by the acquiring company. This is expected to happen within a few weeks,” said Plathner. “I would like to expressly thank the other bidders for their patience. All of the last bidders in the process would have led the airport into a good future. Ultimately, the purchase price was decisive.”

For Triwo AG, CEO Peter Adrian explains: “We rate the future prospects of Frankfurt-Hahn Airport as good. That's why we want to make targeted investments in the airport infrastructure, achieve further growth in passenger and freight traffic and implement sustainable real estate development. The business location of Rhineland-Palatinate will also benefit from this as a whole.”