Facts and figures
In the fiscal year 2017, earnings of Bauhaus Luftfahrt remained at previous year’s level of 4.5 million euros, taking into account the changes in inventories of work in progress. Revenues from orders and cooperations with industrial partners of 210,000 euros could not be realised in 2017 because deliverables were approved in 2018. Revenues from industrial partners decreased by 98,000 euros (-11.4 %) due to a moderate decline in orders compared to the previous year. Funding from third-party projects rose slightly by 76,000 euros (+9.0 %). The increase in revenues mainly results from two new EU projects and an expert’s report commissioned by the federal government.
For the year 2018, Bauhaus Luftfahrt further expects a distinct increase of third-party projects. The increase results from five new national funded projects as well as the full impact on earnings of EU projects launched in 2017 during the course of the year.
The 2017 financial year was characterised by another strong increase in personnel. Due to the stable project situation, Bauhaus Luftfahrt was able to hire 5 more people in the research field and employed in total 52 people at the end of the year. Of the 36 scientific staff, 17 hold a PhD and 10 are female. In addition, there are 3 scholarship holders of the Munich Aerospace – Faculty of Aerospace e. V. scholarship programme, who work on their PhD in the existing interdisciplinary research network. At the end of the year, 10 students were employed and another 3 worked on their thesis. The high number of students confirms once again that Bauhaus Luftfahrt is an interesting and promising location for junior academics – temporarily for the submission of their thesis, for intern or research assistants or in the longer term as a potential attractive future employer.
In the foreseeable stable economic environment, further hiring of scientific staff is planned for 2018 to a moderate extent. The interdisciplinary team is supposed to continuously grow with young scientists and scholarship holders.