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Munich Airport's hub upgraded Lufthansa’s fleet with modern Airbus A350 long-haul jets Munich Airport's hub upgraded Lufthansa’s fleet with modern Airbus A350 long-haul jets

Munich Airport Reveals Record Profits for 2017

Munich Airport achieved a record net profit of around EUR155 million in 2017, according to an official announcement.

Munich Airport Group revealed that it achieved a year-on-year increase of EUR100 million in annual revenues to around EUR1.5 billion, reaching a substantial 5.5 percent rise in total passengers to 44.6 million.

The airport's strong economic performance also paid off for neighbouring communities, which will again take in business tax revenues of EUR35 million.

Michael Kerkloh, CEO, Munich Airport, highlighted, "This ensures that Munich Airport will be able to make the necessary investments to handle its future tasks with its own financial resources. All the signs point to a continuation of our very satisfactory performance, so that we fully expect to report earnings at around the same level for this year."

A look at the current traffic trends within the airport’s recently launched summer timetable period confirms this assessment.

With five Lufthansa Airbus A380 aircraft now stationed at Munich Airport, the Bavarian hub has become just the fourth European base to serve the world's largest passenger aircraft.