Too much capacity, or too little?
This month, the citizens of Munich made a decision that sent Germany's air transport industry into a state of shock. In a local referendum, a majority of voters opted against the construction of a third runway at Munich Airport. Legally, the vote is only binding for one year, but Munich's mayor has already stated that the he considers it's a long-term decision. A new runway in Munich is now on the back burner, if it ever happens at all. Naturally, the usual suspects were quick to ...
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