ROUNDUP 2: Insolvent Hahn airport sold – investors announce new jobs | News

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HAHN / FRANKFURT (dpa-AFX) – the insolvent Hunsrück Hahn airport has been sold. A spokesman for the trustee in bankruptcy announced that Swift Conjoy GmbH had seized him for an undisclosed sum. The Frankfurt-based company will continue its flight operations and hire all employees. According to earlier information, about 430 employees are employed.

According to the spokesman, the contract, which was notarized on Wednesday, is still subject to conditions. The parties to the contract assumed that they would be implemented quickly. It was agreed not to disclose the details of the contract.

The bankruptcy trustee Jan Markus Plathner explained that the previous bidding process had been successfully concluded. “Aviation activities will continue until the contractual conditions are met in the bankruptcy proceedings and then by the buyer. Thanks to a very good demand and the successful implementation of various activities, the operation is once again economically stable in passenger traffic and air freight, – stressed the lawyer from Frankfurt.

According to Tobias Steyer and Martin Mansell, Managing Directors of Swift Conjoy GmbH, their aim is to “continue air and cargo operations at Hahn and expand them extensively. This also includes investment and job creation in the region. “

According to the spokesman of the bankruptcy trustee, Conjoy Investment Partners was founded only in 2021 by English and Australian entrepreneurs from the aviation, airport and tourism industries. In a merger with Frankfurt Swift Holding in the real estate, infrastructure and financing sectors, a joint bid was submitted for the entire airport area.

The airport in the middle of Hunsrück, known as Frankfurt Hahn airport for marketing reasons, filed for bankruptcy in October 2021 during the corona pandemic. Now more planes depart from here. According to the website, the former US military airport with a rare permission to fly overnight in a rather weakly designed Hunsrück is looking for personnel in many areas, from ground handling to its own fire department to a duty-free shop.

According to the airport association ADV, Hahn’s capacity decreased from January to May 2022 compared to the same period last year. On the other hand, the number of passengers increased sharply after the lifting of the restrictions on the crown, but was still clearly below the number in the first five months of 2019 before the pandemic.

A good six months ago, the trustee Plathner reviewed the airport’s website. Sometimes there was no flight plan before, just a tip to look directly at the airport boards. It was digitally possible again from the home sofa.

At the end of May, Plathner did not comment on Hahn’s employees, whom the Koblenz prosecutor’s office accused of many years of investigation. It is about suspicion of gangster infidelity, subsidy fraud and delayed bankruptcy. According to the prosecution, the case was launched against “five managers from six companies working on Hahn and one business associate”. The authority said on Wednesday that the investigation was still unclear. The evidence seized in the two raids was extensive.

The Chinese HNA group, which has also suffered in the meantime, acquired 82.5 percent of Flughafen Frankfurt-Hahn GmbH (FFHG) in 2017 from the federal state of Rhineland-Palatinate for around 15 million euros. Hesse still owned 17.5 percent of the previous operating company that went bankrupt.

In 2016, the Rhineland-Palatinate government was fooled by the suspect Chinese company Shanghai Yiqian Trading, which first tried to sell 82.5% of its shares in Flughafen Frankfurt-Hahn GmbH. It was only at the last minute that the government pulled the line and saved so much tax money. / Jaa / DP / men

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