Struggling German airports to get $1.1bn in aid as revenues plummet
CGTN Europe • 2m 6s
Germany's government is set to give $1.1 billion in aid to the country's airports after months of lockdown have sent revenues plummeting.
Air travel is at a historic low nationwide and travel restrictions have barred passengers from all but essential voyages.
Hubs such as Frankfurt Airport, which have long connected smaller corners of Europe with the rest of the world, are facing some of the most difficult financial conditions.
The airport recorded 73.4 percent fewer passengers in 2020, according to industry group ACI Europe. A year earlier, a record 70 million passengers had taken off or landed there.
Read more: https://newseu.cgtn.com/news/2021-02-16/Struggling-German-airports-to-get-1-1bn-in-aid-as-revenues-plummet-XUJecA7l5K/index.html
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