After a weak first quarter, the traffic figures of the airport operator Fraport developed positively again in the second quarter at all Group airports. 

With passenger numbers rising again at the same time, the MDax Group at the Frankfurt location was able to significantly reduce its operating expenses by 18 percent in the first half of the year compared to the same period in the previous year. In the second quarter, under the impact of the Corona crisis, sales amounted to 426 million euros (Q2.2020: 250 million), as the company reported on Tuesday. The bottom line for the shareholders was a profit of 85 million euros after a loss of 182 million a year earlier.

Public aid for Frankfurt and the 14 Fraport regional airports in Greece made a decisive contribution to this. Frankfurt Airport received just under 160 million euros from the Federal Republic of Germany and the State of Hesse to offset reserve costs from the first lockdown in 2020. Greece decided on an aid package of up to 178 million euros to waive concession payments for a longer period of time, which led to a positive effect of almost 70 million euros for Fraport in the second quarter.