Financing of Leipzig/Halle and Dresden airports clarified

Political support and future prospects

"Securing the financing of Mitteldeutsche Flughafen AG is an important signal for the entire region," said Saxony's Minister President Michael Kretschmer (CDU). The Dresden and Leipzig/Halle airports are indispensable infrastructures for the economic development of Saxony and Central Germany. The state government will continue to do everything in its power to support the future viability of these important transport hubs.

The head of Mitteldeutsche Flughafen AG, Götz Ahmelmann, called the contract amendment a "foundation for a stable and sustainable future" for the airports. "With this financing behind us, we are pressing ahead with the restructuring of MFAG and at the same time opening up new growth opportunities that will make our airports a powerful engine for the entire region."

Originally, the banks had refused to extend agreed loans because certain restructuring targets had not been met. Thanks to a financial injection from the two main shareholders, the Free State of Saxony and the State of Saxony-Anhalt, the banks have now been persuaded to continue to grant the loans and not to call in loans that have already been paid out prematurely. Saxony holds 77.29 percent of MFAG, while Saxony-Anhalt owns 18.54 percent of the shares.