In the first quarter of 2013, cargo throughput at Germany’s Frankfurt Airport was about 493,000 metric tons, improving by 0.9 percent compared with the first quarter of 2012.
Quarterly cargo throughput at the Fraport Group’s airports reached almost 556,000 metric tons, rising 1.7 percent from the same period last year.
The Fraport Group’s revenue was €550.2 million (about US$724.9 million) in the first quarter of 2013, increasing 2.3 percent year-over-year, driven by Frankfurt Airport’s revenue gain from airport charges and from increases in the retail business.
“A critical business environment in Europe, as well as weather and strike-related flight cancellations in Frankfurt, impacted our development in the first quarter of 2013,” said Stefan Schulte, Fraport’s executive board chairman, in a written statement. “We expect the German economy to improve slightly during the course of the year.”
“This, however, will not be easily transferable to the rest of Europe,” he continued. “Hence, for 2013, we do not anticipate a drastic economic change, which would positively affect the air transportation industry in general and the Fraport Group in particular. Our 2013 forecast for traffic figures and earnings remains unchanged.”