German airport operator Fraport plans to raise its fees and is currently in talks with airlines on the matter, Reuters reported. The Frankfurt airport operator is proposing to raise fees by 8.4 per cent from the beginning of 2010 to fund its expansion in Frankfurt. … [Read more...] about Fraport planning 8.4% hike in fees
Fraport
Cargo decline slows in June at Frankfurt
Europe’s busiest air cargo hub, Frankfurt airport, has reported a slowing decline in cargo traffic in June. Frankfurt handled 148,211 tonnes of cargo in June, a 16.5 per cent drop from a year earlier that followed year-on-year declines of 17.1 per cent and 24.9 per cent in May and April respectively. The improved June figure still left cargo volumes in the first half of the year 21.4 per cent down on the same period in 2008 at 822,469 tonnes compared with 1.05 million tonnes a year … [Read more...] about Cargo decline slows in June at Frankfurt
EUROPE & CIS: Fraport reports slight pick up in May traffic
Frankfurt Airport’s (FRA) traffic during the past three months continues to provide optimism as the drop in aircraft movements, as well as airfreight and airmail continued to slow slightly, Fraport said in a statement. Aircraft movements dropped only 4.4 per cent year-on-year to 40,666 takeoffs and landings and with 146,259 tonnes of cargo handled in May, Frankfurt’s airfreight slowdown narrowed to 17.1 per cent. At 2.37 million tonnes, maximum takeoff weights (MTOWs) … [Read more...] about EUROPE & CIS: Fraport reports slight pick up in May traffic
EUROPE & CIS: Fraport reports slight pick up in May traffic
Frankfurt Airport’s (FRA) traffic during the past three months continues to provide optimism as the drop in aircraft movements, as well as airfreight and airmail continued to slow slightly, Fraport said in a statement. Aircraft movements dropped only 4.4 per cent year-on-year to 40,666 takeoffs and landings and with 146,259 tonnes of cargo handled in May, Frankfurt’s airfreight slowdown narrowed to 17.1 per cent. At 2.37 million tonnes, maximum takeoff weights (MTOWs) … [Read more...] about EUROPE & CIS: Fraport reports slight pick up in May traffic
Fraport sells Germany's Hahn airport for €1
Fraport AG has sold Frankfurt-Hahn, one of Germany's leading all-cargo airports, for the symbolic price of €1. The company, which also owns Frankfurt-Main airport, Europe's biggest cargo hub, sold its 65 per cent stake in Hahn to the German federal state of Rhineland-Palatinate. Fraport said the deal, effective 1 January, ends all its financial obligations to Hahn, which had operated at a loss for several years. Traffic at Hahn fell 11 per cent in 2008 from the previous year to just under … [Read more...] about Fraport sells Germany's Hahn airport for €1
Fraport sells Germany’s Hahn airport for €1
Fraport AG has sold Frankfurt-Hahn, one of Germany's leading all-cargo airports, for the symbolic price of €1. The company, which also owns Frankfurt-Main airport, Europe's biggest cargo hub, sold its 65 per cent stake in Hahn to the German federal state of Rhineland-Palatinate. Fraport said the deal, effective 1 January, ends all its financial obligations to Hahn, which had operated at a loss for several years. Traffic at Hahn fell 11 per cent in 2008 from the previous year to just under … [Read more...] about Fraport sells Germany’s Hahn airport for €1