Simple Flying - Tom Boon
While 2020 was the year that Berlin’s beleaguered new airport finally opened, it seems as though the year wasn’t great from a financial point of view. Last week the city’s airport authority revealed that it had experienced a loss of €1.058 billion ($1.276 billion) for the 2020 financial year.
The drop in passenger number means that the Berlin Airport Authority, FBB, saw its revenues fall by €239 million ($397 million) last year. The airport authority also has to deal with unscheduled write-downs related to the opening of the new terminal structure. These clocked in at around €767 million ($925 million)...read here