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Frankfurt Airport pax to gain just 1-2% in 2010, Fraport dips following 2Q2010 results

Analysis

In Europe, shares in Germany's Fraport dipped 0.8% yesterday, as the airport operator stated it expects passenger traffic at Frankfurt Airport to increase by 1-2% for FY2010, depite the negative affect of the volcanic ash shutdowns. Fraport Group EBITDA is projected to be at approximately EUR635 million for the year.

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