Berlin Brandenburg Airport is in desperate need of a cash injection to avoid insolvency, according to its CEO, Aletta von Massenbach. The executive made the comments to the German Tagesspiegel newspaper alongside the release of the airport’s first-year passenger figures.

Marks a year since the new Berlin Brandenburg Airport waved off its first flight, an easyJet flight to London Gatwick Airport. A year in, and things aren’t looking bright for the airport, which launched at the start of Germany’s worst COVID-19 wave so far. Despite conveying eight million passengers in its first year, the airport is still yet to experience a ‘normal day’.

Cash needed to avoid insolvency

According to Berlin Brandenburg Airport’s CEO, Aletta von Massenbach, the airport needs an injection of cash now to avoid insolvency in comments made to German newspaper Tagesspiegel. Last month Frankfurt Hahn Airport became insolvent. von Massenbach revealed that the airport has enough money to continue operating until the first quarter of 2022, though it must make a large debt payment in February.

Source: Civil Aviation Authority – Qatar