Frankfurt Airport’s CargoCity South is continuing to grow: plans are currently underway to build a new air cargo warehouse for the global air and sea freight provider, Kuehne+Nagel. The facility is set to be completed by 2028. Fraport, Frankfurt Airport’s operator, and Kühne+Nagel have signed a respective lease agreement for the new building. By launching this project, Fraport AG’s real estate management has set yet another milestone in further developing CargoCity South at Frankfurt Airport as … [Read more...] about Fraport signs lease agreement with Kuehne+Nagel for new air cargo warehouse
Fraport
Frankfurt Airport cargo climbs 4.7% in November as global demand strengthens
In November 2025, some 4.8 million passengers travelled via Frankfurt Airport (FRA), an increase of 4.0 percent compared to November last year. With the fall school vacations in the neighbouring state of Bavaria extending into November, leisure destinations continued to see high demand, particularly Italy (up 16.4 percent), Greece (up 10.9 percent) and Spain (up 5.9 percent). In addition, traditional business destinations also registered high growth rates in November, notably Switzerland (up … [Read more...] about Frankfurt Airport cargo climbs 4.7% in November as global demand strengthens
Fraport ends involvement at Pulkovo Airport
Fraport AG expects to complete the sale of its stake in Pulkovo Airport (LED) in St. Petersburg in the coming days. A corresponding share purchase and transfer agreement has been concluded. The completion of the share transfer only requires the registration of the change in ownership in the Russian register of companies. The transaction is expected to be finalized within a few days. Fraport CEO Dr. Stefan Schulte said: “With this transaction, we’re ending our involvement in Russia. Our goal has … [Read more...] about Fraport ends involvement at Pulkovo Airport
Fraport: Noticeable cargo increase in Frankfurt, passenger growth slowing in July
Frankfurt Airport (FRA) welcomed some 6.0 million passengers in July 2024 - an increase of 0.5 percent compared to the same month last year. The most popular destinations within Europe during July’s summer travel season included the Balearic Islands, Portugal and Italy. Meanwhile, long-haul traffic saw ongoing strong demand particularly to and from the U.S. In the Far East, traffic to and from China rebounded dynamically by 35.5 percent year-on-year. The passenger load factor, indicating the … [Read more...] about Fraport: Noticeable cargo increase in Frankfurt, passenger growth slowing in July
Fraport achieves double-digit growth in H1 2024, driven by passenger surge
The Fraport global airport company registered passenger growth of 7.2 percent to a total of 74.1 million travelers across its actively-managed aviation gateways during the first half of 2024 (ending June 30). Supported by the growing demand for air travel, Group revenue increased by 13.0 percent year-on-year to €2,038.8 million. Fraport’s operating result or EBITDA (earnings before interest, taxes, depreciation, and amortization) reached €567.1 million, up 17.8 percent year-on-year. The Group … [Read more...] about Fraport achieves double-digit growth in H1 2024, driven by passenger surge
Fraport chief receives contract extension
Dr. Stefan Schulte will remain the CEO of airport operator Fraport AG for another three years, or until 31 August 2027, as part of a decision taken by the supervisory board today on 15 September. Stefan, who completed qualifications in banking and economics with a doctorate degree, began his career at Fraport AG as the company’s chief financial officer, alongside the role of deputy chairman in April 2007. He has served as Fraport’s CEO since September 2009. Under his … [Read more...] about Fraport chief receives contract extension
