fraport ag News

fraport ag News From the Web

05/20/12 Fraport seeks to add to airport portfolio Source: FT.com The operator of Frankfurt airport, Europe's third largest hub, is scouting for deals in emerging markets as it prepares to push ahead with a big expansion of its home base.
05/14/12 FRA's upward trend in passenger traffic continues Source: Travel Daily News Fraport AG welcomed about 4.8 million passengers at its Frankfurt Airport home base in April 2012 â up 2.8% year-on-year.
05/11/12 Annual General Meeting: Fraport Shareholders to... Source: PR Newswire Shareholders at Fraport AG's 11th regular Annual General Meeting (AGM) ratified the recommendation of the executive and supervisory boards to pay a dividend of €1.25 per share for the last completed fiscal year - the same dividend paid out by Fraport for fiscal year 2010.
05/11/12 Annual General Meeting 2012: Fraport CEO Schulte:... Source: PR Newswire For Fraport AG's executive board chairman Dr. Stefan Schulte , the year 2011 marks a decisive milestone in the company's history. Speaking at Fraport AG's Annual General Meeting (AGM) on Friday, May 11, 2012 , in Frankfurt ,-Höchst, Schulte said: "With the opening of Frankfurt Airport's Runway Northwest, we have laid the foundation for the future development of our company - while creating sustainable growth opportunities for the city of Frankfurt and the entire state of Hesse. The new runway finally provides us with the necessary capacity gain to guarantee Hesse's and Germany's long-term international connectivity."
05/11/12 Fraport Traffic Figures - April 2012: FRA's Upward... Source: PR Newswire xfeff;Fraport AG welcomed about 4.8 million passengers at its Frankfurt Airport (FRA) home base in April 2012 - up 2.8 percent year-on-year. The reporting month even surpassed the previous April peak figure set in 2011 by some 130,000 passengers - despite the fact that this year's Easter break occurred earlier and shifted holiday traffic into March 2012. Aircraft movements at Frankfurt declined due to the nighttime flight curfew (from 23:00 to 05:00) as well as the shorter Easter vacation period in April 2012 . Thus, FRA registered 40,149 takeoffs and landings in April 2012 , down 0.5 percent year-on-year. Airfreight decreased by 10.5 percent to 167,739 metric tons, while accumulated maximum takeoff weights (MTOWs) dropped by 1.6 percent to approximately 2.4 million metric tons. From January to April 2012 , almost 17 million travelers used the FRA global hub. This represents a three percent jump compared to the same four month period last year. During this period, airfreight tonnage fell by 11.8 to 644,516 metric tons. Aircraft movements from January to April 2012 declined by 1.4 percent to 152,597 takeoffs and landings - due to strike-related flight cancellations and the nighttime ban at FRA.

Background on fraport ag

Fraport AG Frankfurt Airport Services Worldwide, commonly known as Fraport, is a German transport company which operates Frankfurt Airport in Frankfurt, Germany, and holds interests in the operation of several other airports around the world.

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