Fraport: Frankfurt Airport October Passenger volume increases

(RTTNews) – German airport operator Fraport Group (FRA.DE, 0O1R.L, FPRUF.PK) on Friday reported heavy passenger traffic at Frankfurt Airport, or FRA, while cargo fell. Airports across Fraport’s international portfolio saw an ongoing recovery in passenger demand.

During the month, FRA welcomed 4.9 million passengers, up 45.3 percent year-on-year, driven by strong passenger demand for holiday travel and the autumn break.

The company noted that flights to popular destinations in Turkey, Greece and the Canary Islands and the Caribbean continued to see robust demand.

Compared to October 2019 before the pandemic, passenger traffic in FRA fell by 23.3 percent in the month under review.

In addition, freight volumes in Frankfurt in October 2022 continued to decline by 11.7 percent year-on-year amid the general economic slowdown and airspace restrictions related to the war in Ukraine.

On the other hand, flight movements increased by 18.8 percent to 35,638 take-offs and landings compared to the previous year. Cumulative maximum take-off weights, or MTOWs, increased 21.6 percent year-on-year to approximately 2.3 million tons.

In Fraport’s international portfolio, Ljubljana Airport in Slovenia recorded 93,020 passengers in October, 62.2 percent more than in the previous year. Brazil’s two Fraport airports, Fortaleza and Porto Alegre, saw combined traffic growth of 12 percent, and Lima Airport in Peru was 49.5 percent.

Traffic at Greece’s 14 regional airports increased by 16.7 percent and the combined traffic figures of Greek airports continued to significantly exceed pre-crisis levels in October 2022, growing by 11.4 percent compared to October 2019.

On the Bulgarian Black Sea coast, traffic at the Fraport Twin Star airports in Burgas and Varna increased by 53.6 percent year-on-year. Antalya Airport on the Turkish Riviera grew by 4.5 percent.

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