logo
Plus   Neg
Share
Email

Fraport: Frankfurt Airport Passenger Traffic Rises In June, Cargo Down

Fraport AG (FRA.DE,0O1R.L,FPRUF.PK), the owner and operator of Germany's Frankfurt Airport, said Friday that Frankfurt Airport in the month of June served almost 6.6 million passengers, up 3.4 percent from last year.

Aircraft movements climbed 1.4 percent year-over-year to 45,871 takeoffs and landings. Accumulated maximum takeoff weights expanded 1.7 percent to some 2.8 million metric tons.

Meanwhile, cargo throughput (airfreight + airmail) dropped 4.7 percent to 174,392 metric tons, mainly due to weak global economy as well as two public holidays fell in June this year compared to May last year.

Fraport AG's executive board chairman, Stefan Schulte, said, "Despite the very high passenger volumes at the start of the summer holidays, operations were stable and much smoother than in the previous year..... Over the next few weeks, Frankfurt Airport will continue to be very busy."

Among airports in Fraport's international portfolio, Slovenia's Ljubljana Airport traffic increased 6.7 percent in June to 188,622 passengers, and Lima Airport in Peru saw traffic surge by 7.9 percent to about 1.9 million passengers.

At the two Bulgarian airports of Burgas and Varna, overall traffic was down 12.4 percent to 858,043 passengers.

In the January-to-June 2019 period, more than 33.6 million passengers traveled through Frankfurt Airport, up 3 from the previous year. Cargo volumes fell 2.8 percent to approximately 1.1 million metric tons.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Facebook has removed four separate networks of accounts, pages and groups for engaging in co-ordinated inauthentic behavior on Facebook and Instagram. These networks originated from Iran and Russia and primarily targeted the US, North Africa and Latin America. These networks often posted on both sides of political issues including topics like US elections, environmental issues, racial tensions. While reporting financial results for the third quarter on Tuesday, Lockheed Martin Corp. (LMT) raised its earnings and net sales guidance for the full-year 2019, and initiated net sales outlook for the full-year 2020. For fiscal 2019, the company now expects earnings of about $21.55 per share, up... Consumer goods giant Procter & Gamble on Tuesday reported a 12 percent increase in profit for the first quarter of fiscal 2020 from last year, driven by an increase in net sales and operating margin. Both revenue and core earnings per share for the quarter beat analysts' estimates. Looking ahead, the company raised its earnings and revenue growth guidance for the full-year 2020.
Follow RTT
>