AIRLINK 176.00 Increased By ▲ 0.11 (0.06%)
BOP 10.89 Decreased By ▼ -0.09 (-0.82%)
CNERGY 8.24 Increased By ▲ 0.24 (3%)
FCCL 46.37 Increased By ▲ 0.25 (0.54%)
FFL 16.09 Increased By ▲ 0.02 (0.12%)
FLYNG 27.50 Increased By ▲ 0.08 (0.29%)
HUBC 145.67 Increased By ▲ 1.71 (1.19%)
HUMNL 13.44 Increased By ▲ 0.09 (0.67%)
KEL 4.45 Decreased By ▼ -0.05 (-1.11%)
KOSM 5.92 Decreased By ▼ -0.06 (-1%)
MLCF 60.34 Increased By ▲ 0.84 (1.41%)
OGDC 232.30 Decreased By ▼ -0.45 (-0.19%)
PACE 5.81 Decreased By ▼ -0.07 (-1.19%)
PAEL 47.76 Increased By ▲ 0.28 (0.59%)
PIAHCLA 17.73 Decreased By ▼ -0.24 (-1.34%)
PIBTL 10.39 Decreased By ▼ -0.19 (-1.8%)
POWER 11.39 Increased By ▲ 0.01 (0.09%)
PPL 191.78 Decreased By ▼ -1.52 (-0.79%)
PRL 37.13 Increased By ▲ 0.13 (0.35%)
PTC 23.25 Decreased By ▼ -0.52 (-2.19%)
SEARL 99.30 Decreased By ▼ -0.57 (-0.57%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 36.77 Decreased By ▼ -0.42 (-1.13%)
SYM 14.75 Decreased By ▼ -0.20 (-1.34%)
TELE 7.78 Increased By ▲ 0.03 (0.39%)
TPLP 10.78 Decreased By ▼ -0.09 (-0.83%)
TRG 65.20 Increased By ▲ 0.06 (0.09%)
WAVESAPP 10.80 Decreased By ▼ -0.11 (-1.01%)
WTL 1.33 Decreased By ▼ -0.01 (-0.75%)
YOUW 3.80 Decreased By ▼ -0.01 (-0.26%)
AIRLINK 176.00 Increased By ▲ 0.11 (0.06%)
BOP 10.89 Decreased By ▼ -0.09 (-0.82%)
CNERGY 8.24 Increased By ▲ 0.24 (3%)
FCCL 46.37 Increased By ▲ 0.25 (0.54%)
FFL 16.09 Increased By ▲ 0.02 (0.12%)
FLYNG 27.50 Increased By ▲ 0.08 (0.29%)
HUBC 145.67 Increased By ▲ 1.71 (1.19%)
HUMNL 13.44 Increased By ▲ 0.09 (0.67%)
KEL 4.45 Decreased By ▼ -0.05 (-1.11%)
KOSM 5.92 Decreased By ▼ -0.06 (-1%)
MLCF 60.34 Increased By ▲ 0.84 (1.41%)
OGDC 232.30 Decreased By ▼ -0.45 (-0.19%)
PACE 5.81 Decreased By ▼ -0.07 (-1.19%)
PAEL 47.76 Increased By ▲ 0.28 (0.59%)
PIAHCLA 17.73 Decreased By ▼ -0.24 (-1.34%)
PIBTL 10.39 Decreased By ▼ -0.19 (-1.8%)
POWER 11.39 Increased By ▲ 0.01 (0.09%)
PPL 191.78 Decreased By ▼ -1.52 (-0.79%)
PRL 37.13 Increased By ▲ 0.13 (0.35%)
PTC 23.25 Decreased By ▼ -0.52 (-2.19%)
SEARL 99.30 Decreased By ▼ -0.57 (-0.57%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 36.77 Decreased By ▼ -0.42 (-1.13%)
SYM 14.75 Decreased By ▼ -0.20 (-1.34%)
TELE 7.78 Increased By ▲ 0.03 (0.39%)
TPLP 10.78 Decreased By ▼ -0.09 (-0.83%)
TRG 65.20 Increased By ▲ 0.06 (0.09%)
WAVESAPP 10.80 Decreased By ▼ -0.11 (-1.01%)
WTL 1.33 Decreased By ▼ -0.01 (-0.75%)
YOUW 3.80 Decreased By ▼ -0.01 (-0.26%)
BR100 12,611 Increased By 2.1 (0.02%)
BR30 39,253 Decreased By -9.5 (-0.02%)
KSE100 117,939 Increased By 166.7 (0.14%)
KSE30 36,371 Increased By 74.5 (0.21%)

BERLIN: Berlin Brandenburg Airport (BER) finally opened last year after an eight-year delay, but it already needs a snap injection of large amounts of cash to avoid bankruptcy, the new CEO said Saturday.

"We need money quickly, we need cash," CEO Aletta von Massenbach told the newspaper Tagesspiegel.

The Flughafen Berlin Brandenburg Gmbh (FBB) operator should have enough liquidity available to continue to trade "until the first quarter of 2022", the CEO said.

FBB also faces clearing a "big payment to reimburse debt" in February.

The operator's public owners - the federal government and the states of Berlin and Brandenburg - have pledged to pump in 2.4 billion euros ($2.8 billion) by 2026.

"It's very bitter for us to need so much money for BER," admitted von Massenbach, who took charge on October 1.

"There is no plan B."

The airport has been called cursed, after the opening was put off repeatedly amid technical difficulties and allegations of corruption. It has so far cost six billion euros - three times more than planned.

And Berlin international finally opened just as international air traffic collapsed with the global spread of the coronavirus pandemic.

It came in for more criticism as the autumn holidays brought chaos to the terminal with huge check-in queues causing passengers to miss flights, partly because of a lack of staff.

Newspapers report regular problems such as dustbins overflowing, damaged tiles, and lifts and escalators frequently being out of service.

Tagesspiegel said the airport management team is next week due to put forward proposals to tackle the problems. And von Massenbach is to have talks with the Transport Minister Andreas Scheuer.

Comments

Comments are closed.