The insolvent Hunsrück Airport Hahn has been sold. All employees should keep their jobs. The new owners announced that they would invest and expand the airport.
As announced by the airport, the business was sold to SWIFT CONJOY GmbH based in Frankfurt. All employees will be taken over by the new owner. According to earlier information, there are about 430 employees.
A number of conditions must still be met before the contract can be completed. Both insolvency administrator Jan Markus Plathner and the new owner assume that this will happen in the near future. It was agreed not to disclose the purchase price.
New investor wants to create jobs
“We are very pleased that the bidding process was successfully completed. Flight operations will continue until the contractual conditions are met as part of the insolvency proceedings and then by the purchaser,” said Plathner.
The managing directors of SWIFT CONJOY, Tobias Steyer and Martin Mansell, announced that they would “continue and extensively expand passenger and cargo flight operations at Hahn. This also includes investments and the creation of new jobs in the region”.
The former US military airport with a rare night flight permit in the rather structurally weak Hunsrück, which is called Frankfurt-Hahn Airport for marketing reasons, filed for bankruptcy in October 2021. According to the airport association ADV, Hahn freight throughput from January to May 2022 was down on the same period last year.
The number of passengers, on the other hand, skyrocketed after the corona restrictions were lifted, but was still noticeably below the figure for the first five months of 2019 before the pandemic. According to the airport’s website, staff are currently being sought for a number of areas, from ground handling services to the airport’s own fire brigade to the duty-free shop.
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In 2016, the state government of Rhineland-Palatinate let itself be ripped off by the suspected fraudulent Chinese company Shanghai Yiqian Trading in a first attempt to sell 82.5 percent of Flughafen Frankfurt-Hahn GmbH. Only at the last moment did the government pull the ripcord and save so much tax money.
A year later, the Chinese group HNA, which had also been ailing in the meantime, acquired 82.5 percent of the airport from the state of Rhineland-Palatinate for around 15 million euros. Hesse still holds 17.5 percent.