HOCHTIEF Concessions AG / Airports > Hamburg Airport, Germany

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Gateway to the world: Hamburg Airport

Hamburg Airport has been part of the network of HOCHTIEF AirPort (HTA) – a subsidiary of HOCHTIEF Concessions – since July 2000. Together, HOCHTIEF Concessions and HTAC have a 49 percent stake in the airport. The City of Hamburg holds 51 percent.

Hamburg Airport can look back on a history of almost 100 years, making it one of Germany's oldest centers of civil aviation. The outlook for the future is also very promising. With an extensive expansion program called HAM 21, the airport has prepared itself to meet the great demands of tomorrow. Over a period of seven years, the airport company has invested more than EUR 350 million in extension and modernization measures.

The new Terminal 1 has increased the airport's capacity from ten to around 15 million passengers a year, while the new parking rotunda provides an additional 2,200 parking spaces. Since the end of 2008, the new Airport Plaza forms an airside connection between Terminals 1 and 2 and accommodates the central security controls. It also houses generously dimensioned retail and catering premises. A new S-Bahn (municipal rail) line provides a link with the city's Central Station at ten-minute intervals.

Further information

Key project data

Contract for the operation of Hamburg Airport
Form of privatization: Partial privatization, public-private partnership, contract concluded in 2000, duration open-ended
Shareholders: City of Hamburg (51.0%), HOCHTIEF Concessions via HOCHTIEF AirPort (34.8%), HTAC (14.2%)
Central hub for Northern and Eastern Europe

Reasons for investment

Hamburg Airport is the most important airport in Northern Germany. Its chief attraction is as a central hub of transportation for Northern and Eastern Europe. It offers a broad range of connections to 125 destinations (2010), making it a vital facility for the metropolitan region of Hamburg.

Shareholders

The City of Hamburg has retained a 51 percent interest. The remaining 49 percent is held by Hamburg Airport Partners GmbH, comprising HOCHTIEF Concessions and HTAC (HOCHTIEF Concessions has a direct stake of 34.8 percent via its subsidiary HOCHTIEF AirPort, which also manages the 14.2 percent held by HTAC).

Passengers

Year Passengers

2001 9.5 million

2002 8.9 million

2003 9.5 million

2004 9.9 million

2005 10.7 million

2006 12.0 million

2007 12.8 million

2008 12.8 million

2009 12.2 million

Financial Highlights 2009

Revenues EUR 225.6 million

of which Aviation EUR 154.9 million

of which Non-Aviation EUR 70.7 million

EBITDA EUR 75.3 million

Hamburg Airport is the fifth-largest in Germany. Its function as a center of air traffic for Northern and Eastern Europe makes it particularly attractive.
In 2009, Hamburg Airport served 12.2 million passengers.	The new Airport Plaza, completed in 2008, provides an airside connection between Terminals 1 and 2 and accommodates the central security controls.