The Frankfurt airport has been cleared for expansion by a German court after years of trying to get the expansion approved. As a result the airport can soon start building a fourth runway north of the current airport perimeter with an opening date of 2012. But Frankfurt's operator, Fraport and the main operator Lufthansa, also have to deal with the court's preliminary statement that the planned night flight restrictions are not far reaching enough. With Lufthansa's growth rates constrained … [Read more...] about 4th runway for Frankfurt but night flights a problem
Fraport
Frankfurt cargo down 25% in December
Freight traffic at Frankfurt airport dropped by 25 per cent in December from a year ago - the third successive monthly decline at Europe¡¯s largest air cargo hub - as the global economic downturn slashed German exports. The cargo contraction, to around 142,000 tonnes, was three times the rate of decline in November and nearly five times the year-on-year decrease in tonnage in October which had brought nine months of solid growth to an end. Fraport AG, Frankfurt¡¯s operator, is expecting … [Read more...] about Frankfurt cargo down 25% in December
Fraport starts up at China's Xi'an Airport
German airport group Fraport AG announced, last month, the official launch of its Chinese joint venture Xi’an Xianyang International Airport Co Ltd. Holding a 24.5 per cent share in the venture, Fraport claims to be the first foreign airport operator to invest in a non-listed airport in China. In a speech at today’s official launch, Fraport AG executive board chairman Wilhelm Bender stressed that the Xi’an participation was an essential building block in Fraport’s … [Read more...] about Fraport starts up at China's Xi'an Airport
Fraport starts up at China’s Xi’an Airport
German airport group Fraport AG announced, last month, the official launch of its Chinese joint venture Xi’an Xianyang International Airport Co Ltd. Holding a 24.5 per cent share in the venture, Fraport claims to be the first foreign airport operator to invest in a non-listed airport in China. In a speech at today’s official launch, Fraport AG executive board chairman Wilhelm Bender stressed that the Xi’an participation was an essential building block in Fraport’s … [Read more...] about Fraport starts up at China’s Xi’an Airport
