Ú Lufthansa ensures sus- tainable and forward- looking investments in infrastructure at the Munich location The largest expansion project currently under- way with Lufthansa participation is the con- struction of the satellite terminal at Munich Airport, which in the first phase of expansion is designed for 11 million passengers per year. The satellite terminal has been conceived as a green satellite. The ambitious target set for the building is a 40% reduction in CO2 emissions as compared to the two existing terminals. The new satellite building, like the existing Terminal 2, is being built, financed, and oper- ated by Flughafen München GmbH and Deutsche Lufthansa AG in a ratio of 60 to 40, respectively, between their contributions. The rod-shaped satellite terminal will have a total of 52 gates on three passenger levels and allow passengers convenient access to the aircraft with 27 aircraft parking positions near the building. Construction of the building is scheduled to be completed in 2015. At Munich Airport, the possibilities for further development in terms of capacity are reach- ing their limits because of limitations imposed by the current two-runway system. The Bavar- ian Administrative Court (Verwaltungsgericht- shof), with its judgment of February 19, 2014 approving plans for a third runway at Munich Airport, has made an important decision for the aviation industry in Germany and for development of the region. This judicial go- ahead for one of the most important infra- structure projects in Germany clears the way for further development of Munich as a base for air travel on a scale commensurate with demand. The third runway is key to the future viability of the airport and of Lufthansa at its Munich location. It lays the cornerstone for long-term and sustainable growth. This will result in a better competitive position in the international market, and it is above all the basis for securing existing jobs and creating new ones. A third runway in Munich is the only way to bring about real capacity expansions in Germany’s aviation infrastructure. The Lufthansa Group recognizes that people living in proximity to airports require peace and quiet, particularly at night, and it takes this requirement very seriously. The company has been working for years to reduce noise emissions from air traffic over areas around airports and is continually investing in active noise protection measures. For more informa- tion, read our focus topic “More quietly into the future” (see page 08). With more than 10,000 employees, Deutsche Lufthansa AG is the largest employer at Munich Airport and an engine of value cre- ation for the region. Numerous contracts were awarded in 2012 to companies in the immedi- ate vicinity of the airport. Altogether, the regional contract volume for all companies of the Lufthansa Group based at Munich Airport and for purchases of goods and services directly from other companies at the airport amounted to more than EUR 1 billion. These expenditures secure jobs and value creation in the region. When the administration of Lufthansa CityLine moves in the second half of 2014, some 300 high-skill jobs will be relocated from Cologne to Munich, further strengthening the Munich location. It will also better serve the airline’s focus on continental feeder flights to Lufthansa’s Frankfurt and Munich hubs, especially those to the Munich hub. [Ú 12] 42 // Sustainable Business Practice