Berlin Brandenburg Airport surrounding the three existing airports — Tegel, Schönefeld and Tempelhof. Therefore, it was mandatory for Tegel and Schönefeld to close (Tempelhof was already decommissioned in 2008) once Berlin's air traffic is concentrated at the new airport. By 2009 the construction cost was budgeted at €2.83 billion. FBB raised the financing for the project by a credit raising of €2.4 billion, a bank deposit of €430 million by the FBB partners and an additional €440 million of equity capital provided by FBB. During construction, it became clear that the airport would become significantly more expensive due to underestimating the actual costs,
Berlin Tegel Airport with the airline's transatlantic services at the latter airport, Pan Am withdrew its non-stop Tegel–JFK service at the end of the summer timetable, in October of that year. Following the cessation of direct Tegel–New York City scheduled services, Pan Am continued to operate affinity group/Advance Booking Charter (ABC) flights from Tegel to the US on an "ad hoc" basis. From the start of the 1974–75 winter season, Pan Am began operating a series of short- and medium-haul week-end charter flights from Tegel under contract to a leading West German tour operator. These flights served popular resorts in the Alpine region