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Fraport expects downturn to hit pax traffic for remainder of 2009

7-Aug-2009 11:15 AM

Fraport expects global financial downturn to affect passenger traffic for the remainder of the year, based on business development in 1Q2009 and 2Q2009 (Reuters, 06-Aug-09). Fraport added its 2009 earnings may be worse than originally expected (down 15% year-on-year), if the impact of the swine flu outbreak intensifies.