CEO: “One of Europe’s largest hubs will fall behind in international competition”
Frankfurt Airport risks losing its international competitiveness, Lufthansa says, due to a new court decision that the existing ban on night flights from Frankfurt will remain in force until further notice. Lufthansa says it fears severe long-term adverse affects for the airport’s position as an aviation centre, adding that it needs night flights so its operations can compete with fast-growing Gulf airports. It has warned that €1 billion of its freight unit’s investment plans are in the balance from the decision.
Lufthansa CEO Christoph Franz: “Frankfurt, Hesse, and yes, even Germany, as an export and logistics nation, would have their wings clipped. This is a terrible blow to Germany’s reputation as a place to do business and there is no doubt that one of Europe’s largest hubs will fall behind in international competition.”
Reuters / Lufthansa
[pictured: Frankfurt Airport at night; photo by Andreas Meinhardt; courtesy Fraport AG]