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    Fraport Receives Building Permit for Pier G
    FRA/ce – Fraport AG, the owner and operator of Frankfurt Airport (FRA), has received the required permit for the construction of Pier G from the building inspectorate of the city of Frankfurt. Pier G was originally envisaged to be built after completion of the first construction phase of FRA’s new Terminal 3. By building the new pier earlier than planned, Fraport is responding to increased passenger growth. Slated to become operational in the summer season of 2021, Pier G will initially expand FRA’s capacity by four to five million passengers.
    Pier G
    Fraport Traffic Figures – July 2018: Growth Continues Unabated
    In July 2018, Frankfurt Airport (FRA) welcomed some 6.9 million passengers – an increase of 7.5 percent. During the January-to-July-period, FRA achieved accumulated passenger growth of 8.8 percent, with European traffic remaining the main growth driver. FRA posted a new daily record on July 29, when 237,966 passengers traveled through Germany’s largest aviation hub.
    Fraport Global Investments
    Fraport Group Interim Release – First Half 2018: Positive Business Performance Achieved Despite Numerous Challenges
    The Fraport Group closed the first six months of the 2018 business year (ending June 30) with a significant 13.0 percent rise in Group revenue to €1.532 billion. At the Group’s Frankfurt Airport (FRA) home base, the increase was driven, in particular, by traffic growth – resulting in higher proceeds from airport charges and security services, a rise in charges from ground services and infrastructure, as well as higher parking revenue.
    Fraport Group Interim Release
    Fraport Sells Its Stake in Hanover Airport
    FRA/rap – Fraport AG Frankfurt Airport Services Worldwide (Fraport AG) signed an agreement on August 6, 2018, to sell its entire 30 percent stake in Flughafen Hannover-Langenhagen GmbH (FHLG) to iCON Flughafen GmbH (iCON) – part of the iCON Infrastructure Group – for 109.2 million euros. FHLG is the operating company of Hanover Airport (HAJ) in northern Germany. Fraport acquired shares in FHLG in two steps: initially 20 percent in 1998, followed by another 10 percent in 2003. The other 70 percent of FHLG is held equally by two co-shareholders: the City of Hanover and the Hannoversche Beteiligungsgesellschaft mbH – a wholly-owned company belonging to the State of Lower Saxony. The closing of the transaction is dependent on the contractually agreed pre-emption rights held by the two co-shareholders. Fraport currently expects the transaction to be concluded during the next two months.
    Außenansicht Hannover-Langenhagen
    Fraport Traffic Figures – First Half 2018: Positive Development in Frankfurt and at the Group Airports
    Frankfurt Airport (FRA) continues to be on growth path. FRA welcomed about 6.4 million passengers in June 2018, representing a 9.8 percent increase compared to the same month last year. Aircraft movements climbed by 8.9 percent to 45, 218 takeoffs and landings, while accumulated maximum takeoff weights (MTOWs) rose by 5.5 percent to some 2.8 million metric tons. Only cargo traffic (airfreight and airmail) declined slightly by 2.8 percent to 182,911 metric tons in the reporting month of June 2018.
    Fraport Global Investments
News 1-5 of 22