Fraport to invest up to EUR4bn in Airport Expansion South project

Fraport reported (07-Aug-2019) it will invest up to EUR4 billion in the Airport Expansion South project at Frankfurt Airport over the coming years. By 2021, pier G will be the first to be built with a capacity of up to five million passengers. The pier is being built as a full terminal building and will be integrated into terminal 3 at a later stage. Completion of the terminal main building with pier H and pier J is planned for 2023. The addition of these piers will bring the overall capacity to up to 21 million passengers p/a. It will also be possible to expand T3 with pier K at a later date. Capacity will increase to 25 million p/a once the expansion project is fully completed. [more - original PR - English/German]