Who owns Hamburg Airport?
Hamburg Airport, the fifth busiest airport in Germany, is a testament to the city’s commitment to maintaining a strong presence in the aviation industry. The airport, which handled over 17 million passengers and 156,388 aircraft movements in 2018, is a significant player in the European aviation sector. However, the question of who owns this bustling hub of activity often arises.
The ownership of Hamburg Airport is shared between the City of Hamburg and AviAlliance. The City of Hamburg holds a majority stake of 51%, while AviAlliance, a leading private industrial airport manager, owns the remaining 49%. This strategic partnership has allowed the airport to thrive and continue to serve as a vital link for travelers to and from Hamburg.
The airport’s history is rich and varied, with significant events such as its use during the Berlin Airlift in 1948 and its renaming in honor of Helmut Schmidt, a former senator of Hamburg and chancellor of West Germany, in 2016. Despite challenges such as the departure of TUIfly in 2016 and Ryanair in 2020, the airport has continued to modernize and expand, demonstrating resilience and adaptability.
Hamburg Airport is not just a transportation hub; it’s also a significant economic driver. With a catchment population of 5 million and an urban population of 1.8 million, the airport plays a crucial role in the region’s economy. It’s also a major tourist attraction, with the world’s largest miniature airport, Knuffingen Airport, being inspired by it.
Frequently Asked Questions
Who owns Hamburg Airport?
Hamburg Airport is owned by the City of Hamburg (51%) and AviAlliance (49%).
What is AviAlliance?
AviAlliance is one of the world’s leading private industrial airport managers. They own a 49% stake in Hamburg Airport.
What is the significance of Hamburg Airport?
Hamburg Airport is the fifth busiest airport in Germany and plays a crucial role in the region’s economy. It serves as a vital link for travelers to and from Hamburg and is a significant economic driver.
What is the history of Hamburg Airport?
Hamburg Airport has a rich history, with significant events such as its use during the Berlin Airlift in 1948 and its renaming in honor of Helmut Schmidt in 2016. Despite challenges, the airport has continued to modernize and expand.
Glossary of Terms
AviAlliance: One of the world’s leading private industrial airport managers. They own a 49% stake in Hamburg Airport.
Berlin Airlift: A military operation in the late 1940s that brought food and other needed goods into West Berlin by air after the government of East Germany, which at that time surrounded West Berlin, had cut off its supply routes.
TUIfly: A German leisure airline owned by the travel and tourism company TUI Group. In 2016, TUIfly announced it was leaving Hamburg Airport due to increasing competition from low-cost carriers.
Ryanair: An Irish low-cost airline founded in 1984. In January 2020, Ryanair closed its Hamburg base due to airport operating costs, late delivery of the Boeing 737-Max aircraft, and its general downsizing of its German operations.
Knuffingen Airport: The world’s largest miniature airport, inspired by Hamburg Airport. It is part of Miniatur Wunderland, a model railway and miniature airport attraction in Hamburg.