Fraport achieves first quarter profit despite ‘crisis’
Fraport achieved a profit of EUR22.3 million in 1Q09 on sales of EUR452 million, a reduction of 14.4% year-on-year and with 7% less passengers and 23% less cargo than in the comparable period of 2008. Frankfurt International saw a revenue loss of EUR22.5 million but the Fraport Group now expects to be in the black also for the full year 2009 even though traffic will fall by 6-8%.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.