Lima Airport Partners – a Fraport AG majority-owned company – and the government of Peru signed an amendment to the 2001 Lima Airport Concession, thus making it possible for LAP to move ahead with a major expansion program at one of South America’s fastest growing airports. In particular, the amendment outlines when and how the government should hand over land needed for the expansion of Lima Jorge Chavez International Airport (LIM). Scheduled to begin in 2018, LAP’s expansion program will … [Read more...] about Peru and Fraport’s LAP sign agreement for Lima Airport expansion
Dr. Stefan Schulte
Lufthansa and Fraport sign agreement on cost savings and further growth
Deutsche Lufthansa and Fraport have signed a first agreement on short-term cost savings. The partners are thus creating the right conditions for the further growth of Lufthansa at Frankfurt Airport. The agreement will also provide the basis for further discussions regarding a medium and long-term partnership. In the future, Lufthansa and Fraport are planning to work together consistently to make the most of potential areas for further increasing efficiency and lowering costs. … [Read more...] about Lufthansa and Fraport sign agreement on cost savings and further growth