Importance of the airport to the economy

Frankfurt Airport is Germany’s biggest workplace  

In many respects, Frankfurt Airport is an important business hub and prime location for the Rhine-Main region and beyond. It is a business magnet and a top location for science and education, and is also Germany’s largest workplace responsible for employing over 81,000 people.

Securing jobs

This is also borne out by a study conducted by the independent Swiss consultancy and research company INFRAS. According to its findings, Frankfurt Airport currently secures around 116,000 jobs at businesses and companies located on the airport grounds and at the associated supply and service provider companies. The consumer habits of the employees, airport operators and suppliers also create around 59,000 additional jobs. This means that roughly 175,000 people altogether benefit from the positive economic effects of aviation in Frankfurt.

The City of Frankfurt and Frankfurt Airport make a great combination. Here are some figures that are testament to this:

  • We invest €1 billion in Frankfurt Airport every year.
  • There are 35 million consumers living within a 200-kilometer radius.
  • Every year, Frankfurt is host to 50 trade fairs attracting around 3 million visitors from all over the world.
  • Frankfurt’s banking center is home to the headquarters of 300 banks including the European Central Bank.
  • There are 500 companies located at Frankfurt Airport itself.

Heavily export-driven companies and the German or European branches of major international and multinational firms frequently locate to areas that are close to the airport. Without the airport, for example, the vast majority of the pharmaceutical and chemical companies and branches at the Infraserv industrial park (formerly Farbwerke Hoechst AG) would not exist.

An attractive corporate location for the whole world

Other such examples include Korean automotive companies and Samsung, the world’s biggest chipmaker. It is thanks to them that Frankfurt and the Rhine-Main region are home to Europe’s largest Korean community. These companies have created around 5,000 jobs in the region. The European Central Bank would not be located in Frankfurt either if not for the proximity of the intercontinental Frankfurt Airport. The airport is also the reason why the city is one of the most international locations in Germany with a multinational corporate landscape.

This is one of the reasons why international audit firm KPMG, for example, decided to move its European headquarters from London to Frankfurt Airport. The location decision did not revolve around cities such as “Paris, Munich or Berlin”, but rather airports such as “Amsterdam Airport or Frankfurt Airport”. Companies seeking to gain a foothold in foreign markets or to maintain and expand their presence in other countries require frequent and scheduled global connections in order to initiate and establish customer relationships or, for example, to source supplies of vital replacement parts.

Intermodality: the long-distance train station

Fernbahnhof

Our objective with the House of Logistics and Mobility is to generate knowledge by linking science, business and society together.

Right next to the airport, offices and conference facilities, hotels, restaurants and a park with urban railway links to the city center are being built in Gateway Gardens. Since 2014, the site has also been home to the House of Logistics and Mobility (HOLM). This is a platform for interdisciplinary project work, research and training that is also going to bundle logistics and mobility expertise at Germany’s most important intermodal transport hub. The former residential area for the U.S. military is being transformed into a new district of Frankfurt.

The HOLM’s objective is to generate knowledge by linking science, business and society together. The project is being developed by House of Logistics & Mobility GmbH, whose stakeholders include the federal state of Hesse (86.5 percent), the City of Frankfurt (12.5 percent) and the founding association (1 percent).

Initial research activities

The HOLM’s 19,800-square-meter building accommodates individual working groups dealing with aspects of logistics and mobility, such as social integration, safety and sustainability. At the same time, the HOLM is advertising for additional tenants. The spaces are let for business and science use at a ratio of 50/50. It is precisely this mix that makes the HOLM a special place wherescientists, students and business representatives will formulate problems and research issues, and work together to tackle and resolve them. The founding association of the HOLM is supposed to deliver the key impetus for this with its 210 members. Students who attend HOLM courses benefit from contact with major companies in the logistics sector and innovative start-ups.

Frankfurt Airport is an employment powerhouse, generating nearly 50,000 more jobs than in 1980. It is Germany’s biggest workplace responsible for over 81,000 jobs, making it an employment powerhouse for the Rhine-Main region. In 1980, there were 31,800 jobs in the region and today there are two and a half times that many.

Jobs at Frankfurt Airport are spread across around 500 different companies altogether. Deutsche Lufthansa AG accounts for nearly one in every two jobs (47 percent) and Fraport AG accounts for around a quarter (26 percent). The whole region benefits from the positive economic effects that the airport has. Besides the people employed directly at the airport, Frankfurt Airport also generates lots of additional jobs elsewhere.

Lots of pieces of the puzzle: not all jobs are created at major firms