The number of passengers increased by another 2.1% to 4.65m in the month of January. Simultaneously, the amount of cargo was down by 3.1% to 161k tons and the number of movements up by 2.3% to 37,676. The number of passengers flying inter-continental increased by 2.7% and those flying within Europe was up by 2.0%. Except for Middle Eastern (-3.2%) and German destinations (-0.2%), demand increased to all other destinations. Overall, the numbers are supportive of Fraport’s earnings, but t
13 Feb 2019
Passenger growth moderates in Frankfurt
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Passenger growth moderates in Frankfurt
Fraport AG (FRA:WBO) | 0 0 0.7% | Mkt Cap: 8,167m
- Published:
13 Feb 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
The number of passengers increased by another 2.1% to 4.65m in the month of January. Simultaneously, the amount of cargo was down by 3.1% to 161k tons and the number of movements up by 2.3% to 37,676. The number of passengers flying inter-continental increased by 2.7% and those flying within Europe was up by 2.0%. Except for Middle Eastern (-3.2%) and German destinations (-0.2%), demand increased to all other destinations. Overall, the numbers are supportive of Fraport’s earnings, but t