ACI Airport Business
Munich Airport is currently experiencing massive decreases in every area due to the travel restrictions and drastic reductions in available flights resulting from the COVID-19 pandemic.
The number of take-offs and landings declined steadily in March 2020, and in the last week of the month were less than 10% of the number counted in the corresponding week in 2019. Meanwhile, passenger traffic is now at just 5% of last year’s level.
Against the backdrop of these sharp declines, Flughafen München GmbH and its subsidiaries are implementing far-reaching measures to secure the airport’s liquidity. These include a groupwide set of measures to impose tight limits on personnel and material costs to bring about extensive savings in all areas. As a result, planned investment projects such as the western parking facility, the new corporate headquarters, and the new budget hotel, have been postponed until further notice....more