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Berlin airport ‘bankrupt by October’ without €300 million injection

Berlin’s long-delayed BER airport is set to go bankrupt by the end of October 2020 unless it receives a cash injection of €300 million, according to a report.

Berlin airport ‘bankrupt by October’ without €300 million injection
Berlin's BER airport. Photo: DPA

It is the latest setback for the airport, which is still yet to open its doors despite an original opening date of October 2011. 

Berlin’s Tagesspiegel newspaper reports that the airport will be bankrupt by October 31st, 2020 unless it receives a new cash injection of €300 million.

READ: Inside Berlin's long-delayed BER airport

October 31st, 2020, remains the airport's projected opening date. 

Federal Finance State Secretary Bettina Hagedorn, of the centre-left Social Democrats (SPD), wrote to the budget committee of the Bundestag to ask for the funding. 

'No risks' ahead of Berlin Brandenburg (BER) airport opening in October 2020 

The €300 million is made up of €99 million to be transferred immediately, along with €201 million to be paid as a loan. 

The debacle does not end there, however.

The Tagesspiegel reports that internal documents reveal the airport will need up to €700 million, in a ‘worst case scenario’, i.e. where traveller numbers stay low due to the continuation of the pandemic.

The airport’s woes have been compounded by the pandemic.

READ ALSO: The never-ending story: How BER airport became the laughing stock of Berlin

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TRAVEL NEWS

Aarhus Airport to get easier connections with new code-sharing deal

Passengers travelling from Aarhus Airport using Scandinavian airline SAS are likely to find more convenient onwards connections from September.

Aarhus Airport to get easier connections with new code-sharing deal

Convenient connections to European hub airports in Amsterdam and Paris will become easier to find from Aarhus Airport from September.

A code-sharing agreement between Scandinavian airline SAS and Air France, KLM Royal Dutch Airlines and Delta Air Lines means that flight codes from those airlines – and more efficient connections via Copenhagen – will appear at Aarhus, the Jutland airport said in a press release on Tuesday.

The agreement gives Aarhus Airport passengers access to over 1,000 European destinations through so-called SkyTeam network.

For example, the code-sharing networks cuts journey times from Aarhus (via Copenhagen) to Amsterdam Schiphol to 2 hours 50 minutes, and to Paris CDG to 3 hours and 50 minutes.

“We are becoming more global. With only 30 minutes’ driving time from Aarhus, people in the region can save a huge amount of time flying from Aarhus Airport to an impressive number of Air France, KLM or SkyTeam destinations,” the airport’s director Lotta Sandsgaard said in the press release.

The agreement “has great significance for the international business environment in the Aarhus region and in a tourism perspective for a booming sector by attracting travellers from European and overseas markets,” she added.

The SK flight code, one of the codes which will be used at Aarhus under the agreement, is operated by Air France and KLM from their respective hubs. This means destinations including Marseille, Bordeaux, Nantes, Porto, Newcastle, Southampton, Cardiff, Venice and Naples as well as Marrakesh, Tunis and Casablanca in North Africa can be booked.

Destinations including Las Vegas, Denver, Seattle, Orlando, Cincinnati, Montreal, Vancouver, Detroit and Salt Lake City and more can also be booked with Air France and KLM to and from Aarhus Airport.

Travellers in Aarhus will also see new connections between SAS and Delta-operated flights to dozens of destinations across the USA and Canada via Delta’s North American network. The deal means they can travel to these destinations with one check-in at Aarhus Airport’s SAS counter.

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