Frankfurt Airport's Expansion Plan on Track Frankfurt, Germany (ots) - Fraport AG Frankfurt Airport Services Worldwide today presented its interim results for the first half of 2002. The airport manager achieved significant growth in consolidated revenues, which rose 13 percent to euros 855.2 million. ...
Fraport AG Expects Passenger Figures To Rebound Soon Frankfurt (ots) - Traffic figures for July show that Frankfurt Airport (FRA) received about 4.6 million passengers, or 5.7 percent fewer than in July 2001. The growth in passenger figures expected in the third quarter of 2002 has not yet materialized, ...
Frankfurt, Germany (ots) - Expanding on its extensive range of Internet activities, Fraport AG Frankfurt Airport Services Worldwide is introducing a new electronic marketplace for used airport vehicles and equipment available from the company's Aviation Ground Services and Logistics (BVD) strategic business ...
Frankfurt, Germany (ots) - New Line Provides Fast Link Between Rhine-Ruhr and Frankfurt/Rhine-Main Regions With the inauguration of more InterCity Express (ICE) train services and a new high-speed rail line to Germany's most populated region, Frankfurt Airport (FRA) continues to strengthen its ...
Sign of positive development of traffic figures; Fraport AG's Dr. Wilhelm Bender: "Clear indicator for the expected recovery of the global economy." Frankfurt, Germany (ots) - In June 2002, 4.4 million passengers traveled through Frankfurt Airport (FRA), 4.7 percent less than in the same month last year. The main reason for the prevailing standoffish demand for ...
Details on Value Management Program "WM 2005 - Creating Future Values" Frankfurt, Germany (ots) - Management and employees of the company operating Frankfurt Airport intend to contribute to a sustainable increase of the value of the company. The name of the new Group-wide project is "WM (Value Management) 2005 - Creating Future Values" which was initiated by Fraport AG in autumn 2001 and will continue to 2005. The ...
Frankfurt/Main, Germany (ots) - Over 2,000 shareholders and shareholder representatives attended Fraport AG's regular Annual General Meeting (AGM) today, the first AGM since the company's initial public offering (IPO) on June 11, 2001. Held at the Jahrhunderthalle in Frankfurt-Hoechst, the AGM ran from 10:00 in the morning until shortly after 20:00. In their speeches, different shareholder ...
Frankfurt, Germany (ots) - Dividends Despite 2001 Crisis - Stable Results Announced for Current Year Speaking at the company's first regular Annual General Meeting (AGM) today, Fraport AG's executive board chairman, Dr. Wilhelm Bender, urged shareholders "to look into the future with confidence and optimism." ...
Frankfurt, Germany (ots) - Fraport AG will host its first regular Annual General Meeting (AGM) tomorrow at the Jahrhunderthalle in Frankfurt-Hoechst. Over 450 employees of Fraport AG will be welcoming the company's shareholders and guests at this major event. The AGM begins at 10:00 in the morning; with admittance from 8:00. Roland Koch, prime minister of the state of Hesse and chairman of Fraport AG's Supervisory ...
Fraport AG Supports Pilot Project Under the "Metropolitana" Initiative Frankfurt, Germany (ots) - In cooperation with pme Familenservice GmbH, Fraport AG Frankfurt Airport Services Worldwide is opening the "Gate to the Region" service center to help new residents and their families moving from abroad or other parts of Germany to get quickly established in the ...
Positive Conclusion of the Regional Planning Procedure Creates Optimism; "FRA Remains Our Main Partner" Says Lufthansa's Weber Frankfurt, Germany (ots) - Frankfurt Airport's (FRA) traffic figures show that May 2002 was the best month so far this year. Some 4.2 million passengers used FRA in May 2002, only 1.3 ...
Frankfurt (ots) - Fraport AG Frankfurt Airport Services Worldwide will file a separate zoning request (project approval procedure or Planfeststellungsverfahren) for the construction of maintenance facilities and runway adaptations required for operating and maintaining the new Airbus A380 widebody jets at ...
Frankfurt, Germany (ots) - Fraport AG believes that the statements of Hesse's minister of economics, transport, and state development, Dieter Posch, and the president of the Darmstadt administrative district, Gerold Dieke, confirm the company's plan for a new landing runway northwest of Frankfurt Airport (FRA) - to expand airport capacity in keeping with demand. ...
Frankfurt/Main, Germany (ots) - For the first time since the company's initial public offering last summer, Fraport AG Frankfurt Airport Services Worldwide has issued a first-quarter interim report: Compared to the corresponding period last year, Fraport clearly increased consolidated revenues from January to March 2002 by 14.4 percent to EURO 401.7 million. ...
Frankfurt, Germany (ots) - Airfreight continued to stabilize In April 2002, passenger figures at Frankfurt Airport (FRA) did not continue the clearly improving trend seen in previous months. Some 3.9 million passengers used Germany's busiest airport last month, 6.5 percent less than in April 2001. One reason for standoffish demand for flights and package tours continued to be the sluggish economic development ...
Frankfurt, Germany (ots) - The tourist season on the Turkish Riviera is off to a good start, with passenger figures for the showcase airport in the Antalya region developing above plan. The new terminal - in which Fraport AG Frankfurt Airport Services Worldwide acquired a 50-percent share in autumn 1999 - is ...
Frankfurt, Germany (ots) - Following its successful initial public offering (IPO) in 2001, Fraport AG is again offering employees the opportunity to receive Fraport shares as partial or complete remuneration under the company's annual success and performance participation program. A third of Fraport's staff has taken advantage of this opportunity, subscribing to 106,058 shares with a nominal value of EURO 10 per share. As a result, Fraport's share will increase to ...
Frankfurt, Germany (ots) - Fraport AG Frankfurt Airport Services Worldwide and the airlines serving Frankfurt Airport (FRA) today signed a basic agreement defining, for the first time, the level of FRA's airport charges over a longer period. The airport company believes this agreement, which gives both sides planning security over the next five years, is a ...
Frankfurt, Germany (ots) - Fraport AG Frankfurt Airport Services Worldwide, again recorded positive business results in what was an extremely difficult year for the global aviation industry. Despite negative influences resulting from the pilots' strike, the economic slowdown, and the 9/11 terror attacks, ...
Frankfurt Airport (ots) - owned and managed by Fraport AG Frankfurt Airport Services Worldwide - also recorded a continuing recovery in demand for passenger traffic in March 2002. With a total of 4.0 million passengers in the third month of the year, FRA registered a 3.9 percent decline in passenger traffic compared to the corresponding month in 2001. However, March 2001 was an exceptionally strong month with a ...
Frankfurt, Germany (ots) - Malaysia Airlines and Fraport AG Frankfurt Airport Services Worldwide have signed a new agreement to extend the cargo handling services for the Asian carrier at Frankfurt Airport (FRA) - Europe's largest airfreight hub. Inked in Frankfurt last week, the contract goes into effect retroactive to March 1, 2002, and runs until 2004. "We are ...
Frankfurt/Main, Germany (ots) - A Russian space landing occurred at Frankfurt Airport on Saturday, April 6, when the gigantic Antonov AN124-100 aircraft touched down with special cargo on board - including the 2.5-metric-ton MIR space station - for the "Russia in Space" exhibition being hosted at FRA over the next 11 weeks. Fraport AG Frankfurt Airport Services Worldwide is presenting the European premier of this ...
Frankfurt (ots) - Call on the Philippine government - Good annual results despite the pilots' strike, weak economy, and terrorist attacks - Changes in responsibilities of some Executive Board members Today, the Executive Board of Fraport AG Frankfurt Airport Services Worldwide again briefed the company's Supervisory Board about the status of the Manila terminal project in the Philippines, about preliminary results ...
Fraport (ots) - Despite difficult conditions for the entire air transport industry, according to preliminary figures Fraport AG's fiscal year 2001 revenues grew 2.9 percent to over Euro 1,580 million and net income reached Euro 101.1 million for the year. Earnings before interest, tax, depreciation and amortization (EBITDA) exceeded Euro 507 million, only about five percent below the previous year's figure. ...
Frankfurt/Main, Germany (ots) - In response to today's report in the German newspaper Handelsblatt, Fraport AG explained that no funds from the company's initial public offering (IPO) have flown into the terminal project in Manila, the Philippines. Rather, the IPO proceeds were invested or used for debt repayment. Since the end of 2000, Fraport AG has not made any additional funding available to the Piatco project company in Manila. The auditing company KPMG prepared ...
99 Scheduled Passenger Airlines Serve 289 Destinations in 102 Countries per Week Frankfurt/Main (ots) - Following the recent light decline in traffic, Fraport AG Frankfurt Airport Services Worldwide reports a gradual increase in demand as well as a related and continuing increase in the number of flight ...
Frankfurt/M., Germany (ots) - From March 16 to 20, Fraport AG Frankfurt Airport Services Worldwide will again be exhibiting at the International Tourism Exchange 2002 (ITB) in Berlin, the world's largest trade fair for the travel and tourism industry. Fraport will again be exhibiting in Hall 9b, at Stand 14. Under the motto "In touch. In motion. For your travel ...
Frankfurt/Main, Germany (ots) - Frankfurt Airport (FRA) continues to experience a clear recovery in passenger traffic demand. Some 3.3 million passengers used Germany's largest airport in February 2002. Although this is a 3.2 percent minus over the same month in 2001, the traffic drop is shrinking continuously. In November and December 2001, Fraport AG still ...
Frankfurt, Germany (ots) - Frankfurt Airport (airport code = FRA) has maintained its position as Europe's most efficient hub airport, according to the Association of European Airlines (AEA) punctuality statistics for 2001. As in 2000, FRA continues to be the most punctual major hub airport in Europe, with only about 20 percent of FRA's departing flights delayed last year. According to international regulations, a ...
Frankfurt, Germany (ots) - Frankfurt Airport's (FRA) traffic figures for January 2002 clearly show that the decline in passenger figures at Germany's largest airport has bottomed out. In January 2002, FRA welcomed 3.3 million passengers, a decline of still 6.2 percent over the corresponding month last year. FRA experienced overportional growth in January 2001 -- when about 3.5 million passengers and 10 percent growth ...