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Pandemic year brings Stuttgart Airport historic minus

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A total of 3.213.695 passengers were counted at Stuttgart Airport in the last financial year - a decrease of 74,8 percent compared to the previous year. The number of flight movements fell by 58,7 percent to a total of 58.803 take-offs and landings. The state airport last had a similarly low level of traffic in the mid-1980s.

The low traffic volume as a result of the worldwide travel restrictions caused the turnover of Flughafen Stuttgart GmbH (FSG) to collapse to 142,1 million euros, a decrease of 53 percent (2019: 300,1 million euros). After the record result of the previous year, the FSG has to report a significant loss of 96,9 million euros in the business result after taxes (2019: 50,2 million euros profit).

“The situation is still critical, we work every day to cope with the current situation. Securing liquidity and jobs has top priority. We quickly took countermeasures. With a strict austerity program, we were able to cushion around 73 million euros. At the same time, we are preparing for the return of the passengers. With our numerous precautions to protect against infection, we are doing everything we can to ensure that you can fly as safely as possible, ”says Airport Managing Director Arina Freitag.

The route network of the state airport also currently offers important direct destinations and connections to hubs with transfer options. “As soon as demand picks up again, the airlines will quickly offer additional destinations,” said Freitag confidently. "There is a lot of catching up to do on the subject of travel; people finally want to fly again."

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