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Leipzig. Mitteldeutsche Flughafen AG (MFAG) has announced that its financial stability is secured until the end of 2026 for the time being. In addition to successful contract negotiations with the DHL Group and the assured support from the shareholders Saxony and Saxony-Anhalt, the loan agreement with the financing banks has also been renegotiated, as the airport operator announced. With this success, one of the central requirements of the restructuring report prepared by the auditing company KPMG has been met. The airport operator did not disclose the amount of the funds now available.
The expert opinion confirms MFAG's unrestricted ability to restructure and can now be finalized. KPMG certifies the airport operator's sustainable competitiveness and a positive going concern forecast, provided that the restructuring is successfully implemented. From 2026, MFAG plans to pursue growth strategies beyond the restructuring, in particular through the economic development of currently unused infrastructure, such as the opening up and development of the areas around Dresden and Leipzig/Halle Airports.
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 CEO 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 grant the agreed loans as certain restructuring targets had not been achieved. 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. (dpa)
