Fraport AG, the operator of Frankfurt Airport, and AeroGround Flughafen München GmbH, a wholly-owned ground handling subsidiary of Flughafen München GmbH (the operator of Munich Airport), have developed a joint virtual reality (VR) training tool for ground handling operations.
Today (April 29), Fraport AG laid the cornerstone for Frankfurt Airport’s new Terminal 3, one of Europe’s largest privately financed infrastructure projects. Numerous guests and construction workers attended the ceremony, which marked the start of above-ground construction.
25 years ago, the very first aircraft arrived at Terminal 2: a Cathay Pacific Boeing 747 from Hong Kong with 350 passengers onboard. Since the official inauguration on October 24, 1994, Frankfurt Airport’s Terminal 2 has been the departure point, destination or stopover for some 200 million travelers.
The Port Authority of New York and New Jersey (PANYNJ) has awarded Fraport USA (a subsidiary of Fraport AG) a five-year contract to manage the retail concessions space of Terminal B at Newark Liberty International Airport (EWR).
At Fraport AG’s regular Annual General Meeting (AGM) today, 99.97 percent of the shareholders approved the recommended dividend of €2.00 per share. Thus, the dividend for fiscal year 2018 will increase by 50 euro cents, or by one third compared to the previous year.
Fraport AG has purchased a further 10-percent stake in Lima Airport Partners S.R.L. (LAP) – operator consortium of Jorge Chavez International Airport Lima – from AC Capitales’ Infrastructure Fund, which held the stake for over 10 years.
The German Federal Police (Bundespolizei) and airport operator Fraport AG have opened a new aviation security checkpoint at Frankfurt Airport (FRA). Featuring seven control lanes, the additional checkpoint has been installed in a purpose-built extension to Concourse A at Terminal 1 – after only six months of construction.