On Monday 31 July, the European Commission approved State aid granted by the Land of Rhineland Palatinate to Frankfurt-Hahn airport.
The loss-making, Frankfurt-Hahn airport has been controlled by Rhineland Palatinate since 2009. On 1 March, the Land signed a share purchase agreement with the Chinese group HNA to sell it 82.5% of its shares.
The Land's support aims to cover the airport's anticipated operating losses over the period 2017-2021. This maximum level of this aid will be €25.3...