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 million. This included Pan Am's internal German traffic rights as well as its gates and slots at Tegel. This agreement, under which Lufthansa contracted up to seven of Pan Am's Tegel-based Boeing 727-200s operated by that airline's flightdeck and cabin crews to ply its scheduled routes to Munich, Nuremberg and Stuttgart until mid-1991, also facilitated Pan Am's orderly exit from the internal German air transport market after 40 years' uninterrupted service as European Union (EU) legislation prevented it from participating in the internal air transport market of the EU/European Economic Area (EEA) as a non-EU/EEA headquartered carrier. However, Pan Am