Tag: Fraport

Frankfurt Airport: Passenger numbers increase 12% year-on-year for November

Frankfurt Airport's latest traffic figures revealed a 12.2 per cent year-on-year increase for passenger volumes after it served 4.6 million in November. Compared to pre-Covid levels, passenger numbers in the reporting month were still 9.4 per cent lower than in November 2019. The airport's statisti...

SITA and Fraport implement facial recognition for all airline passengers

SITA and Fraport are enabling all airlines at Frankfurt Airport to jointly use face biometrics as identification from check-in to boarding the aircraft. Frankfurt is the first airport in Europe to offer biometric touchpoints to all airline passengers, enabling streamlined, frictionless passage th...

Rohde & Schwarz and Fraport evaluate the world’s first walk-through scanner for passengers

The R&S QPS Walk2000 is a 360° walk-through scanner that can detect all kinds of items quickly and contact-free. The scanner provides a more pleasant security experience: passengers do not have to stop to be scanned and can instead slowly walk through the R&S QPS Walk2000. The millime...

Fraport extends CEO contract for Dr. Stefan Schulte

Dr. Stefan Schulte will remain the CEO of Fraport AG for another three years. The decision was taken by Fraport’s supervisory board today (September 15). The move means Dr. Schulte’s contract will continue from September 1, 2024 until August 31, 2027. In taking the step, the supervisory...

Fraport’s First-Half Financial Performance Boosted by Passenger Growth Across the Group

The Fraport global airport company achieved growth in all major key financial indicators during the first half of 2023 (ending June 30). The increase was supported by higher passenger volumes across the Group’s airports. Group revenue rose by 33.8 percent year-on-year to €1,804.3 million in t...

New Baggage Drop-off Counters for Lufthansa Group Passengers Open at Frankfurt Airport

Lufthansa Group passengers at Frankfurt Airport (FRA) can use 21 state-of-the-art check-in counters at Concourses A and B of Terminal 1. By using the automated bag drop function, passengers are now able to deposit their baggage faster and in a more convenient way, even outside regular check-in h...

Fraport’s 2022 Fiscal Year Marked by Strong Demand

Fraport AG’s business performance improved significantly in fiscal year 2022 (ending Dec 31). In the wake of the ending Covid pandemic and the gradual lifting of travel restrictions during 2022, high travel demand boosted all of the Group’s key financial figures. The Group result (or net...

Fraport Tightens 2030 Carbon Target

Fraport is setting an even more ambitious climate protection target at its home base of Frankfurt Airport (FRA). By 2030, the aim is for a maximum of just 50,000 tonnes of CO2 to be emitted in areas that fall under Fraport’s direct control at Germany’s largest aviation hub. Previously, F...

Fraport Traffic Figures – January 2023: Year Begins with Significant Growth

The number of passengers at Frankfurt Airport (FRA) increased to roughly 3.7 million in January 2023. This is 65.5 percent more than in January 2022, which was still considerably influenced by the restrictions in response to the omicron variant of the coronavirus. In contrast, January 2023 b...

Fraport and Lufthansa Establish “FraAlliance” Joint Venture

Fraport and Lufthansa have formed a new joint venture called “FraAlliance”. Each company holds a 50% share in the new venture. The two companies intend to use FraAlliance to strengthen their existing cooperation on strategic and operational matters at Frankfurt Airport and thus, plan to deep...

Hesse and Fraport Boost Electromobility

Fraport AG is gradually converting its ground services fleet at Frankfurt Airport (FRA) to alternative propulsion methods. To facilitate this process, the company is receiving financial support from the state of Hesse. Two new funding decisions by Hesse’s state government provide Fraport w...

Lufthansa, Fraport and Munich Airport call for effective and fair EU climate policy

Lufthansa, Fraport and Munich Airport call for effective and fair EU climate policy

In its climate protection package, "Fit for 55," the European Commission proposes three measures for aviation: introducing a kerosene tax, tightening emissions trading (ETS), and introducing an increasing blending mandate for sustainable aviation fuels (SAF). By 2050, aviation is to be CO2-neutra...

Fraport receives pandemic compensation for maintaining operations at Frankfurt Airport

Fraport AG, the owner and operator of Frankfurt Airport (FRA), is receiving a total of about €160 million from the German and State of Hesse goverments as compensation for the costs – not previously covered – that were incurred to maintain FRA’s operational readiness during the first coronav...

First Nine Months 2020: Revenue and Profit Fall Sharply Amid Covid-19 Pandemic

During the first nine months of 2020, Fraport AG’s financial performance was severely impacted by the Covid-19 global pandemic. The Group’s revenue declined by more than a half in the reporting period. Despite comprehensive cost-saving measures, the Fraport Group registered a net loss of €537....

Fraport Group: Covid-19 Pandemic Leads to Sharp Revenue and Profit Decline

Impacted by the Covid-19 pandemic, the airport operator Fraport posted a sharp drop in revenue during the first half of 2020, with a clearly negative Group result (net profit). The operating performance, which already slowed down in the first quarter of the year, weakened further during the second q...

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