German state to buy stake in Hahn Airport

The German state of Rheinland Pfalz is reported to be attempting to buy airport operator Fraport's stake in Frankfurt Hahn airport to prevent Ryanair from scaling back it's operation at the airport.

Hahn, a former US Air Force base is owned jointly by the states of Rheinland Pflaz and Hesse (17.5% each) and Fraport (65%).

Fraport has attempted to introduce an additional €3 per passenger handling fee at the airport which has led Ryanair to threaten a reduction in operations at the airport. Ryanair have said that they will hold a press conference on tomorrow Tuesday.