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Hannover Airport

Hannover-Langenhagen Airport serves the city of Hannover and the surrounding Lower Saxony region in Germany. The airport is a major hub of aviation activity in the region, particularly in the summer months when carriers such as TUIfly, Germanwings, Condor and Air Berlin increase service to holiday destinations in the Mediterranean Basin. The airport is connected year-round to Europe's important business centres. Hannover Airport is managed by Fraport and usually ranks in the top ten busiest airports in Germany.

Location of Hannover Airport, Germany

Ground Handlers and Cargo Handlers servicing Hannover Airport


 
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178 total articles

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4 total articles

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Germanwings: can a premium strategy sustain an LCC? Lufthansa would like to think so

9-Oct-2013 6:33 PM

On 4-Oct-2013, Lufthansa gave a presentation to analysts and investors in London on developments in its Passenger Airlines business, with a focus on giving more details of the progress of the ‘new Germanwings’. The session was led by Carsten Spohr, CEO of Lufthansa German Airlines, and supported by the CEO and CFO of LCC subsidiary Germanwings.

The speakers gave an update on the transfer of non-hub European point-to-point traffic from Lufthansa to Germanwings and its expected impact on the group’s short/medium-haul losses.

Lufthansa’s plans for Germanwings are more far-reaching than those of Air France with its LCC subsidiary Transavia France. However, IAG already has a fully fledged stand-alone pan-European LCC in the form of Vueling. Moreover, both Transavia and Vueling (and other European LCCs) have lower unit costs than Germanwings. Can it generate enough of a price premium to offset this cost disadvantage?

airberlin flies deeper into the red despite oneworld and Etihad ties

29-Aug-2012 5:42 PM

The airberlin-Etihad Airways rumor mill has been working overtime in recent weeks with German publication Manager Magazin reporting that Etihad CEO James Hogan is seeking to replace airberlin Group CEO Hartmut Mehdorn as soon as possible due to the continuing poor financial performance of the company and the slow pace of restructuring. Abu Dhabi-based Etihad increased its shareholding in Air Berlin PLC from 3% to 29.21% in Dec-2011, becoming the company’s largest single shareholder.

airberlin reported a consolidated net loss of EUR66.2 million in 2Q2012, a 53% deepening of the EUR43.9 million deficit posted in the year-ago period. The company intends to sell eight aircraft to help cut debt by EUR300 million by the end of 2012 and improve its liquidity position and equity ratio. airberlin’s shareholders equity amounted to just EUR101.3 million as of 30-Jun-2012 and the equity ratio stood at just 4% as compared to 11.2% on 30-Jun-2011.

Air Malta troubles worsen as unions flex muscle and LCCs grow

8-Jul-2011 3:42 PM

Air Malta’s troubles have become more acute as the struggling carrier’s unions increase their opposition to large-scale redundancies. Prime Minister Lawrence Gonzi has stated the present situation is increasingly worrying, particularly in light of the EUR77 million the government has poured into the airline since Jun-2011.

Charges in focus: New rules on EU airport charges

17-Jan-2008 12:37 PM

The European Parliament this week adopted a Directive to set common (and therefore, hopefully more transparent) principles for calculating airport passenger taxes, to try to prevent any abuse of a dominant position in the market by individual airports.

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