Cologne Bonn Airport off for New York City from the airport for the first time. Cologne Bonn Airport was chosen by United Parcel Service (UPS) in 1986 as the location for their European hub. In the late 1990s the airport started an expansion program. Several new parking lots and a second terminal were built, and in 2004 a new long-distance railway station was opened. The airport is jointly owned by the City of Cologne (31.12%), the Federal Republic of Germany (30.94%), the State of North Rhine-Westphalia (30.94%), the City of Bonn (6.06%) and two counties (0.94%). Coinciding with the start of several low-cost
Cologne Cologne's economy prospered for two main reasons. The first was the growth in the number of media companies, both in the private and public sectors; they are especially catered for in the newly developed Media Park, which creates a strongly visual focal point in Cologne city centre and includes the "KölnTurm", one of Cologne's most prominent high-rise buildings. The second was the permanent improvement of the diverse traffic infrastructure, which made Cologne one of the most easily accessible metropolitan areas in Central Europe. Due to the economic success of the Cologne Trade Fair, the city arranged a large extension to