Frankfurt-Hahn files for bankruptcy with Senator taking steps to secure operations

By Damian Brett

Flights are continuing at Germany’s Frankfurt-Hahn airport despite the facility filing for bankruptcy, but forwarder Senator International has moved some of its operation away as a precaution.

Air Cargo News sister title FlightGlobal reports that Jan Markus Plathner from Frankfurt-based Brinkmann & Partner has been appointed as administrator.

Financing is being sought to secure salaries while a re-organisation is also being planned.

The airport’s operating company is 82.5% owned by troubled Chinese conglomerate HNA Group, with the remainder owned by the state of Hesse.

Ryanair was one of the airport’s largest customers but the low-cost carrier has reduced its services to the airport. Several freighter operations are based at the airport.

Freight forwarder Senator International, which uses the airport for its SAB air cargo charter operation, has moved some flights to Frankfurt-Main airport.

The forwarder said: “The current SAB flight schedule with self-controlled flights continues to run stably and safely.

“Due to the unclear outlook at Frankfurt-Hahn, 65% of flights have already been transferred to Frankfurt-Main Airport (FRA) as a precautionary measure.

“Operations at Frankfurt-Hahn are currently continuing. In addition to the detour to FRA, Senator has developed an emergency plan.

“This will be implemented in the short term if further measures become necessary. Flight operations and flight schedule remain fully stable and safe.”

Senator expands charter network with China flights

Senator establishes US Midwest base at RFD

China’s HNA buys Hahn airport stake

Share this story

Related Topics

Latest business news

Cool supply chain growth

By Rebecca Jeffrey

Challenge Group has become a member of the Cool Chain Association (CCA) to drive improvements in the cool supply chain….

Read More

Share this story

Omicron set to restrict cargo capacity and keep rates high

By Damian Brett

The Omicron variant is set to keep air cargo capacity tight and as a result air cargo rates will remain…

Read More

Share this story

Supply chains spotlight: Soaring demand in the skies

By Alexandra Herdman, public policy manager, Logistics UK

With the current disruption to deep sea shipping showing little sign of abating, many companies are looking towards air freight…

Read More

Share this story