Munich reports profit

By Administrator |

Munich Airport, Germany's second-biggest air hub reported yesterday that it returned to profit two years ahead of plan in 2005 as a result of growing demand for air travel.

In a statement, airport management said the airport achieved a net profit of E5m ($6m) last year, compared with a loss of E54m ($65.3m) in 2004. The number of passengers passing through the airport rose by 6.7% to 28.62m last year, with long-haul flights seeing passenger growth of 13% last year.

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