Fraport

Fraport AG
Aktiengesellschaft
Traded asFRA
IndustryTransportation
Founded1924 (as Südwestdeutsche Luftverkehrs AG)[1]
HeadquartersFrankfurt Airport
Frankfurt am Main, Hesse, Germany
Key people
Stefan Schulte (CEO and chairman of the executive board), Karlheinz Weimar (Chairman of the supervisory board)
ServicesAirport operation
RevenueIncrease €3.478 billion (2018)[2]
Increase €1.129 billion (2018)[2]
Increase €474 million (2018)[2]
Total assetsIncrease €11.449 billion (end 2018)[2]
Total equityIncrease €4.368 billion (end 2018)[2]
Number of employees
Increase 21,961 (2018)[2]
Websitewww.fraport.com

Fraport AG Frankfurt Airport Services Worldwide,[3] commonly known as Fraport, is a German transport company which operates Frankfurt Airport in Frankfurt am Main and holds interests in the operation of several other airports around the world. In the past the firm also managed the smaller Frankfurt-Hahn Airport located 130 kilometers west of the city. It is listed on both the Xetra and the Frankfurt Stock Exchange. The company's current chief executive officer is Stefan Schulte. As of 2018, the company has 21,961 employees and annual revenues of about €3.5 billion.[2] Fraport was the main sponsor of the Bundesliga football team Eintracht Frankfurt from 2002 to 2012.

Fraport AG is also involved in ground handling operations at its own operated airports and at third-party operated airports. It mostly operates ground handling services in a deregulated context. Fraport was also involved to make Frankfurt Airport and Indira Gandhi International Airport ready for A380 operations.

Operations

In addition to various management and infrastructure subsidiaries related to Frankfurt Airport, Fraport's holdings include the following airport operating companies:[2]

Company Airport(s) operated Country Ownership Lease start Lease time
DIAL Delhi International Airport Private Limited Indira Gandhi International Airport (DEL) India 10% 2006 2036
Fraport IC Ictas Antalya Airport Terminal Investment and Management Inc. Antalya Airport (AYT) Turkey 50/51% 1999 2024
Fraport Twin Star Airport Management AD Burgas Airport (BOJ), Varna Airport (VAR) Bulgaria 60% 2006 2041
Lima Airport Partners S.R.L. Jorge Chávez International Airport (LIM) Peru 70.01% unknown
Ljubljana Airport Ljubljana Airport (LJU) Slovenia 100% 2014 2054
Northern Capital Gateway LLC Pulkovo Airport (LED) Russia 25% 2010 2040
AirMall retail at Baltimore-Washington International Airport (BWI), Boston Logan International Airport (BOS), Pittsburgh International Airport (PIT), Cleveland Hopkins International Airport (CLE) United States 100% unknown
Xi'an Xianyang International Airport Co., Ltd. Xi'an Xianyang International Airport (XIY) China 24.5% 2008 no limit
Fraport Brasil – Fortaleza Pinto Martins – Fortaleza International Airport (FOR) Brazil 100% January 2018[4] 2047
Fraport Brasil – Porto Alegre Salgado Filho International Airport (POA) Brazil 100% January 2018[5] 2042

Greece

As of December 2015, Greece's government signed a privatization deal with Fraport and Greek energy firm Copelouzos with awarding them a 1.2 billion euro contract to lease and manage 14 regional airports for a concession period of 40 years.[6][7] The Fraport started managing the 14 regional airports from 11 April 2017.[8] They have published their master plan for each airport and the computer renderings (external views) of the 14 airports after the completion of the construction works.[9]

The airports included in the concession are:[7][6]

Other Languages
Afrikaans: Fraport
asturianu: Fraport
català: Fraport
dansk: Fraport
Deutsch: Fraport
Ελληνικά: Fraport
español: Fraport
français: Fraport
日本語: フラポート
norsk: Fraport
polski: Fraport
português: Fraport
русский: Fraport
svenska: Fraport
українська: Fraport