Prague Airport pax fall by 2.4%; Frankfurt’s pretax profits to rise by an average of 10%
Prague Airport announced its passengers traffic fell by 2.4% in Aug-2010:
- Passenger numbers: 1.3 million, -2.3%;
- Aircraft movements: 15,043, -5.4%;
- Air cargo: 4,863 tonnes, +26%.
The airport added that 60% its traffic comes from the full-service sector, 22% from low-cost and 18% from charter.
See related CAPA profile: Traffic - Airports
Germany’s Fraport AG (+1.3%) CEO Dr Stefan Schulte stated Frankfurt Airport’s pretax profits will rise by an average of 10% p/a through to 2015 as it opens a new runway and benefits from Lufthansa’s expansion.
Selected airports daily share price movements (% change): 30-Sep-2010