After an increase of 3.9% to 4.79m in March, the passenger number was down by 2.5% to 4.93m in the last month. This brought the ytd number to 18.86m, an increase of 1.7%. Seasonality is one reason for the April decline (Easter was in March this year but in April last year). In addition, Fraport suffered from a one-day Ver.di strike. At the same time, the amount of freight was up by 4.7% to 178k tons in April and by 0.3% to 675k tons ytd.
Frankfurt’s regional passenger break-down shows a disprop ....
12 May 2016
Frankfurt passenger numbers down in April
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Frankfurt passenger numbers down in April
Fraport AG (FRA:WBO) | 0 0 0.7% | Mkt Cap: 8,167m
- Published:
12 May 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2
After an increase of 3.9% to 4.79m in March, the passenger number was down by 2.5% to 4.93m in the last month. This brought the ytd number to 18.86m, an increase of 1.7%. Seasonality is one reason for the April decline (Easter was in March this year but in April last year). In addition, Fraport suffered from a one-day Ver.di strike. At the same time, the amount of freight was up by 4.7% to 178k tons in April and by 0.3% to 675k tons ytd.
Frankfurt’s regional passenger break-down shows a disprop ....