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It is clear that the airports will incur losses in the Corona year. The question that still arises: How red are the numbers on the bottom line? The Frankfurt airport operator Fraport posted a loss of 304 in the third quarter
The second nationwide lockdown already had consequences for some airports. Now it is also affecting Germany's largest commercial airport: Frankfurt Airport will probably not open the entire Terminal 3 until 2025.
Fraport AG organized a further 250 million euros on the capital market in the form of promissory notes. The terms are up to eight years and are issued in several tranches. This increased the cash balance
The Fraport Group plans to cut between 3.000 and 4.000 employees at Frankfurt am Main Airport. The background to this is the sharply reduced demand due to the corona crisis. The company offers resignations against severance pay. This offer is so far from
The corona pandemic continues to bother Frankfurt Airport: In September, Germany's largest commercial airport counted a good 1,1 million passengers - a decrease of 82,9 percent compared to the same month last year. Cumulative over the first nine months of the
Terminal 3 at Frankfurt Airport, developed for low-cost airlines and charter airlines, is not due to open until 2025. It has been under construction since 2018 and is expected to have an annual capacity of 25 million passengers.
The airports in Varna and Burgas operated by Fraport have got a new managing director in Frank Quante. The manager succeeds Ulrich Heppe, who headed the Fraport Twinstar Airports for several years. The new chief
After almost a year of construction, Fraport yesterday handed over the keys for a new freight handling hall to the future operating company Swissport Cargo Services Deutschland GmbH. With around 2,1 million tons of cargo handled in 2019, the airport is the
The head of the listed airport operator Fraport, Stefan Schulte, expects that there will only be "moderate growth" in air traffic in 2023. Until then, it will be a long dry spell for the industry. Fraport
Several airlines are announcing new routes or the resumption of their routes from the capital of Slovenia. The airport in Ljubljana reopened to commercial air traffic on May 12th. Still, it would to date
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