Germany's Berlin Airports stated (16-Dec-2011) it has set a new passenger record in 2011, having welcomed its 23 millionth passenger last week. Close to 24 million passengers are expected in the full-year, representing growth of around 7% year-on-year. “2011 will go down in our history as another record year. For the ninth year in a row, traffic growth at Berlin Airports was higher than the average for all German airports. Our continuous growth in the past years has laid an outstanding foundation for the future Berlin Brandenburg Airport," Berlin Airports CEO Dr Rainer Schwarz said. [more - original PR]
Berlin Airports reports record year for traffic in 2011
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Striving for labour productivity improvements in its mainline operations, while also attempting to minimise industrial unrest; expanding its Eurowings low cost brand through organic growth, while also integrating the acquisition of Brussels Airlines and the wet lease of aircraft from airberlin; facing the growing threat of Ryanair's entry into its biggest hub at Frankfurt, while seeking to maintain a good relationship with the airport's owner Fraport; keeping positive momentum in its financial performance after earning more than its cost of capital in 2014-2016, while the global cycle may have reached a peak.
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