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Annual Report 2012 (PDF) - Hamburg

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Interview with the Executive Board<br />

“<strong>2012</strong> was a year with rough edges”<br />

From an economic point of view, the <strong>2012</strong> financial year was full of challenges. In<br />

Europe, states like Greece and Spain continued to struggle with their public finances,<br />

and the financial and banking sector experienced only mild relief. Preliminary calculations<br />

from the German Federal Statistics Office suggest that the real gross domestic<br />

product of the Federal Republic of Germany grew by only 0.7 percent over 2011.<br />

“Germany’s weak economic growth was also reflected<br />

in the aviation industry. How did this affect <strong>Hamburg</strong><br />

Airport?”<br />

Michael Eggenschwiler: “<strong>2012</strong> was a year with rough edges.<br />

Looking at the market environment, there were more<br />

unpleasant surprises than any of us would have liked. Right<br />

at the start of the year, three European airlines ceased operations:<br />

Cirrus Airlines, Malév and Spanair. In summer, Air<br />

Berlin announced cutbacks to take effect from autumn. We<br />

managed to find a new partner to take over every route that<br />

was lost, but we could not completely compensate for the<br />

loss of passengers. Whilst the 13.7 million passengers represented,<br />

once again, a new high water mark for <strong>Hamburg</strong><br />

Airport, we would have liked to see more.”<br />

Claus-Dieter Wehr: “And now, we can only wait and see<br />

what the developments within the Lufthansa Group will<br />

mean for <strong>Hamburg</strong> Airport. It is clear that Frankfurt and<br />

Munich will be the only destinations still served by the core<br />

Lufthansa brand. All the other routes are being taken over<br />

by the low-cost subsidiary, Germanwings. We hope that<br />

passengers will accept this change.”<br />

“The federal political environment was not particularly<br />

cooperative in <strong>2012</strong>. How has this affected the viability of<br />

German airports?”<br />

Michael Eggenschwiler: “The Aviation Tax continues to be<br />

a major burden on the industry. This is especially the case<br />

with domestic traffic where it hits passengers twice – for<br />

domestic flights, the Aviation Tax is levied for both the outbound<br />

and the inbound flight. The price is a decisive factor<br />

in choosing a flight. Domestic German traffic has declined<br />

by 6.0 percent, and the number of Danish passengers has<br />

also gone down. It is simply incomprehensible that the federal<br />

government should weaken this industry by imposing<br />

such an international competitive disadvantage. An industry<br />

that stands for growth and mobility in a way that no other<br />

industry can.”<br />

Claus-Dieter Wehr: “And at the European level, too, there<br />

are forces in action that are guided more by principles of<br />

liberalisation than they are by fairness. The airports package<br />

proposed by European Commissioner for Transport,<br />

Siim Kallas, demands further liberalisation of the market<br />

for ground handling services despite significant price reductions<br />

and quality improvements over recent years. This<br />

means even more competition in a market that is small as<br />

it is. The consequences are further cuts in pay, and it is the<br />

employees who suffer. Through joint action, employers and<br />

employees have managed to get the European Parliament<br />

to turn down the regulation for the time being. But the issue<br />

is not over yet.”<br />

Michael Eggenschwiler: “I want to make one thing very<br />

clear: <strong>Hamburg</strong> has given us great political support in all<br />

important issues – from all sides of politics. Such local<br />

backing is important if we are to succeed at the federal or<br />

European level.”<br />

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