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Strikes negatively impact FRA’s passenger volume – Most of Fraport’s Group airports worldwide report traffic growth

December 13, 2019 by PressEditor

In November 2019, Frankfurt Airport (FRA) welcomed almost 5.1 million passengers – representing a 3.4 percent decrease compared to the same month last year. The thinned-out winter flight schedule and the two-day strike by Lufthansa cabin staff had a negative impact on passenger numbers. Without the strike effect, FRA’s passenger traffic would have declined only slightly by 1.1 percent year-on-year.

Intercontinental traffic to and from Frankfurt continued to grow robustly by 2.1 percent. In contrast, European traffic fell markedly by 6.5 percent due to airline bankruptcies and other factors.

Aircraft movements shrank by 5.8 percent to 38,790 takeoffs and landings. Accumulated maximum takeoff weights (MTOWs) also contracted by 4.0 percent to around 2.4 million metric tons. Reflecting the ongoing slowdown of the global economy, cargo throughput (comprising airfreight and airmail) dropped by 5.0 percent to 186,670 metric tons.

Fraport’s executive board chairman, Dr. Stefan Schulte, commented:

“Following solid traffic growth this year so far, we experienced a noticeable decline in November, primarily due to strikes. As a result, we expect full-year passenger traffic at Frankfurt to grow at a slightly slower pace than our previous forecast of about two to three percent. Despite slightly slower traffic growth, we are maintaining our financial outlook for the full year 2019 – backed by the positive financial performance achieved to date in Frankfurt and with our international business.”

Across the Group, the airports in Fraport’s international portfolio largely performed well in November 2019. Affected by the bankruptcy of home-carrier Adria Airways and other factors, Slovenia’s Ljubljana Airport (LJU) reported a 27.0 percent decline in traffic to 85,787 passengers. Also the two Brazilian airports of Fortaleza (FOR) and Porto Alegre (POA) saw combined traffic slip by 2.2 percent to just over 1.3 million passengers. This was primarily due to the bankruptcy of Avianca Brasil and to Azul airlines reducing its flight offerings.

Peru’s Lima Airport (LIM) recorded a 6.9 percent jump in traffic to some 1.9 million passengers.

With 727,043 passengers overall, Fraport’s 14 Greek regional airports maintained last year’s level (up 0.1 percent). Bulgaria’s Varna (VAR) and Burgas (BOJ) airports registered a total of 83,764 passengers – growing by 22.7 percent, albeit on the basis of a low traffic November month in the previous year.

Antalya Airport (AYT) in Turkey welcomed almost 1.4 million passengers, representing a gain of 11.8 percent year-on-year. Traffic at St. Petersburg’s Pulkovo Airport (LED) in Russia registered a 6.8 percent increase to about 1.4 million passengers. At Xi’an Airport

(XIY) in China, traffic climbed 4.9 percent to nearly 3.8 million passengers.

For further information about Fraport AG please click here: 

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Filed Under: Travel & Tourism Tagged With: Azul, Frankfurt, Fraport, Fraport AG, passenger, traffic

Ailing Avianca’s plan to sell airport slots might be rejected

April 8, 2019 by Forimmediaterelease

Avianca is the fourth largest airline in Brazil, and it has been in judicial recovery since December of last year with debts of approximately R$500 million.

A new plan approved by Avianca’s creditors on Friday is not setting well with Brazil’s anti-trust agency, CADE. The agency said that depending on which competitors buy out Avianca’s main airport slots, the operation may not be approved.

The approved plan includes the partition of the company’s assets into 7 parts, called Individual Productive Units (UPIs). Six of the UPIs will be made up of slots (airport landing and take-off times), employees and aircraft, and the seventh will hold Avianca’s loyalty program, Amigo.

It is CADE’s expectation is that agents will find the best solution to suit the private interests of Avianca’s shareholders and its creditors as well as the public interests of Brazilian consumers.

Included in each UPI will be the registration and authorizations of routes and the right to use slots at Congonhas (SP), Guarulhos (SP), and Santos Dumont (RJ) airports, in addition to the temporary right of use of the Avianca Brasil brand and the Air Operator Certificate approved by the National Civil Aviation Agency (ANAC).

CADE stated that the best case scenario would be for a new company to assume the operation of the units for which there would be no change in the concentration level of the sector. But if the UPIs are acquired by Gol or Latam, the agency sees problems, because these two companies already have high market shares in the main routes in which Avianca operates. Both Gol and Latam have announced interest in purchasing some of the Avianca’s assets.

Azul Airlines had announced earlier that it had made an offer to acquire Avianca Brasil’s assets, including airplanes and airport slots for US$105 million.

Travel News | eTurboNews

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