The operating company of the Riem airport was founded on October 12, 1949 with share capital of DM 20,000.
The Free State of Bavaria and the City of Munich have an equal share in the company. At the time the “Flughafen München Riem GmbH” (FMG) was founded, 134 people (28 salaried and 106 workers) were employed. The former flight captain Wulf-Diether Graf zu Castell is appointed managing director, the Mayor of Munich Thomas Wimmer leads the supervisory board.