Growth in the passenger number moderated last month at nearly all of Fraport’s fully-consolidated airports, whereas it continued to be strong at the airports the company consolidates at-equity. The number of passengers flying within Europe was actually down in Frankfurt (-0.3%) but those flying to intercontinental destinations was up (+2.5%). The continuing rise in intercontinental passengers is positive for the airport’s retail business.
13 Aug 2019
Passenger growth moderated in July
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Passenger growth moderated in July
Fraport AG (FRA:WBO) | 0 0 0.7% | Mkt Cap: 8,167m
- Published:
13 Aug 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
Growth in the passenger number moderated last month at nearly all of Fraport’s fully-consolidated airports, whereas it continued to be strong at the airports the company consolidates at-equity. The number of passengers flying within Europe was actually down in Frankfurt (-0.3%) but those flying to intercontinental destinations was up (+2.5%). The continuing rise in intercontinental passengers is positive for the airport’s retail business.