Fraport acquires EUR400m in EIB financing for Frankfurt Airport T3

Fraport acquired (10-Mar-2017) EUR400 million in financing from the European Investment Bank (EIB) for construction of Frankfurt Airport's new terminal 3. Scheduled to open in 2023, the EUR3 billion T3 will expand the airport to handle an additional 14 million passengers p/a. Fraport CFO Matthias Zieschang said: "With T3, we will set new standards at Frankfurt airport in terms of quality of stay, customer oriented services and handling excellence". [more - original PR]