Spending On Terminal 2 Widens Munich Airport Losses

Munich Airport hopes to return to profitability in 2007, after reporting a EUR55 million (US$71 million) loss in 2004, steeper than the EUR51 million recorded in 2003. Flughafen Muenchen GmbH (FMG) blamed heavy investment in Terminal 2 for the loss. FMG and Lufthansa jointly own and operate the EUR1...

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