The airport operator has received approval to increase fees at Frankfurt Rhein-Main by 1.9% as of January 2017. At the same time, it is able to offer incentives to airlines that open flights to new destinations if they increase their passenger numbers by 3%. Under this condition, the fee for the new destination is reduced by 50% in the first year, by 33% in the second, and by 25% in the third.
Management argues that the fee increase and the incentives are necessary to finance the company’s inv ....
09 Dec 2016
Fraport’s new pricing structure
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Fraport’s new pricing structure
Fraport AG (FRA:WBO) | 0 0 0.7% | Mkt Cap: 8,167m
- Published:
09 Dec 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2
The airport operator has received approval to increase fees at Frankfurt Rhein-Main by 1.9% as of January 2017. At the same time, it is able to offer incentives to airlines that open flights to new destinations if they increase their passenger numbers by 3%. Under this condition, the fee for the new destination is reduced by 50% in the first year, by 33% in the second, and by 25% in the third.
Management argues that the fee increase and the incentives are necessary to finance the company’s inv ....