Berlin Nov 7 (BUS): One year after its commissioning, the new BER airport in Berlin is in very poor condition.
Combined losses are expected to reach 350 million euros ($405 million) for this year, according to a report by the Berlin-Brandenburg Airport Company to the Federal Ministry of Transport, which was provided to the German news agency dpa.
However, the report said the losses would be around 50 million euros less than planned. From July to October, a profit was made in the existing business.
All airports are facing economic difficulties due to the collapse in passenger numbers due to the Corona virus pandemic.
BER is also saddled with heavy debts from the airport’s long construction and renovation period; It went online last fall after a nine-year delay.
The airport company is pressing for partial debt relief for the states of Berlin and Brandenburg and the federal government that owns the airport. About 2.4 billion euros are needed by 2026.
This will enable the company to raise new money in the capital market again in 2026; This wouldn’t be possible until the 1930s, the report said, or else it wouldn’t be possible.
MI