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.
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.
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.
Any business activity relies on the right infrastructure. At Frankfurt Airport, experts from various disciplines work together in a spirit of mutual trust to successfully bring to fruition challenging large-scale construction projects. These projects are as multifaceted as the passengers and visitors who come to the airport. Construction above and below ground, structural engineering, modernization work, and road and tunnel construction all make an important contribution to the “Gute Reise” mission statement.
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.
In its meeting today (Thursday, March 14), Fraport AG’s supervisory board appointed Dr. Pierre Dominique Prümm to the company’s executive board, effective July 2019. Prümm will take over board responsibility for Fraport’s “Airside and Terminal Management, Corporate Safety and Security” strategic business unit and the “Corporate Infrastructure Management” service unit.
Fraport AG’s executive board chairman, Dr. Stefan Schulte, struck a positive note at the company’s Annual General Meeting (AGM) today: “We can look back on a very successful 2018. Supported by strong growth in passenger traffic at Frankfurt Airport and our international locations, we achieved a new record high for revenue and earnings.