Plus   Neg

Fraport Gets Approval For Airport Charges For Frankfurt Airport - Quick Facts

Fraport AG (FRA.DE,0O1R.L,FPRUF.PK), the owner and operator of Germany's Frankfurt Airport or FRA, announced approval from the Hessian Minstry of Economics and Transport for the airport charges submitted by Fraport for Frankfurt Airport.

Fraport submitted the charge application at the beginning of July. The new charges for the airlines will apply from January 1, 2020.

The new charging system again includes incentives to reduce the noise burden in Frankfurt and the surrounding areas. Airlines using quieter aircraft will receive financial benefits.

The company said airlines that use louder aircraft, that fly in the off peak hours from 5 am to 6 am and from 10 pm to 11 pm, or that land after 11 pm will pay higher fees in the future.

The approval was preceded by a comprehensive administrative procedure lasting several months. More than 100 airlines, their associations, the noise abatement commission and the noise abatement officer were involved.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Ford has revived the iconic Bronco brand after a gap of 24 years, this time as a dedicated off-road brand aiming to take on Fiat Chrysler's Jeep Wrangler, the dominant vehicle in the off-road category. Ford has introduced three new vehicles under the all-new Bronco brand as a 4x4 family of rugged SUVs under the tagline, "Built Wild". 3M Co. is teaming with researchers at Massachusetts Institute of Technology or MIT to develop a new rapid antigen test that detects the COVID-19 virus. The research, being conducted at the pilot lab facility at 3M's headquarters in St. Paul, Minnesota, is to learn if a simple-to-use, diagnostic device can produce highly accurate results within minutes and is feasible to mass manufacture. Retail giant Walmart has teamed up with the U.S. Department of Agriculture (USDA) to enable customers who pay for groceries with SNAP benefits, to gain access to Walmart's pickup and delivery service. Nearly 3,000 Walmart stores in 39 U.S. states are now offering customers receiving SNAP benefits through their Electronic Benefit Transfer (EBT) card to complete payments using the EBT card.
Follow RTT