European Union competition regulators launched an investigation into public loans to Frankfurt-Hahn Airport, a German freighter hub, to ensure they comply with the bloc’s state aid rules.
The EU’s executive Commission said it’s “particularly concerned the aid may be giving the airport an unfair advantage vis-à-vis its competitors.” The Commission is investigating the refinancing of loans, credit lines and loan guarantees provided by the local state to Germany’s fifth largest cargo airport.
Frankfurt-Hahn, a former U.S. Air Force Base close to Frankfurt-Main Airport, is a major all-cargo and express facility, counting Cargolux, TNT Express, Lufthansa Cargo, Polar Air Cargo, Air France-KLM and Aeroflot Cargo among its clients.
The probe into Frankfurt-Hahn comes a month after the Commission opened an investigation into the German government’s financing of Leipzig/Halle Airport, DHL Express’s European hub.
The Commission also announced investigations into fee cuts for airlines at Marseille Airport and lower passenger taxes at Irish airports that benefit mainly domestic flights.
-- Contact Bruce Barnard at firstname.lastname@example.org.