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Fraport AG: Frankfurt Airport Nov. Traffic Decline YoY On Strikes - Quick Facts

Fraport AG (FRA.DE,0O1R.L,FPRUF.PK) announced, in November 2019, Frankfurt Airport recorded almost 5.1 million passengers, a 3.4 percent decrease from last year. The company said the thinned-out winter flight schedule and the two-day strike by Lufthansa cabin staff had a negative impact on passenger numbers. Without the strike effect, passenger traffic would have declined 1.1 percent.

Fraport's executive board chairman, Stefan Schulte, said: "We expect full-year passenger traffic at Frankfurt to grow at a slightly slower pace than our previous forecast of about two to three percent. We are maintaining our financial outlook for the full year 2019 - backed by the positive financial performance achieved to date in Frankfurt and with our international business."

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