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Christmas at Frankfurt Airport: Gift cards, shopping, dining and much more

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During the weeks before Christmas, the terminals at Frankfurt Airport are incandescent with the glow of thousands of lights. Like every year, shops and restaurants invite guests to go on an extensive shopping tour while taking advantage of attractive bargains and yuletide culinary creations. Major international brands mingle with regional and “typical German” products. Small but exquisite owner-run boutiques are interspersed with startlingly innovative shops that would be hard to find anywhere else.

The airport’s Visitor Service has come up with a very special gift idea: an “experience gift card” that entitles bearers to immerse themselves in the fascination of the airport. The card can be purchased for any amount starting at seven euros. It can be used for one of the many different airport tours, for the Visitors’ Terrace, or for making purchases in the shop run by the Visitor Service, which carries a wide range of unusual articles and souvenirs that delight aviation fans of all ages (they can naturally also be bought in the usual way). The gift cards are available for downloading from www.FRA-Gutscheine.com, and you can print them out yourself along with a personalized greeting. They can also be bought in the “FRA Airport Tours & Shop” in the departures hall of Terminal 1 or at the entrance to the Visitors’ Terrace.

Last-Minute Home Shopping

If you prefer to shop from the comfort of your home or hotel, you’ll find lots to choose from in the Frankfurt Airport Online Shop. At Christmas time there is a gift finder that provides tips on what to give her or him or children and suggests electronic products, sweets and other foods and much more for any budget. Frankfurt Airport is also ideal for last-minute shopping and purchases: the shops and restaurants are open on all holidays―on Christmas Eve and New Year’s Even until 6 p.m., and on Christmas Day and New Year’s Day starting as early as 9 a.m.

Passengers and visitors can find more information on the wide range of services available at Frankfurt Airport by visiting its website, service shop, or Twitter, Facebook, Instagram or YouTube social media pages.

Fraport reports solid revenue and earnings performance in first nine months of 2019

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Fraport AG continued its growth trend in the first nine months of the 2019 business year, achieving an increase in both revenue and earnings.

This positive performance was driven by solid traffic growth at Frankfurt Airport (FRA) and the Fraport Group’s airports worldwide. However, the growth momentum has been slowing down during the year to date.

Fraport AG’s executive board chairman, Dr. Stefan Schulte, said: “Our industry is being impacted by the weaker global economy and consolidation of the European aviation market. Furthermore, regulatory interventions by the German government – such as the planned increase to the national air traffic tax – are also affecting our sector.

After a phase of rapid traffic growth, airlines are cutting back their plans and thinning out their winter schedules. Nevertheless, we are maintaining our full-year outlook for the 2019 business year – also backed by the ongoing positive performance of our Group airports worldwide. Thanks to Fraport’s large and diversified portfolio of international airports, we are well positioned for the future.”

International activities boost growth in revenue and earnings

In the January-to-September 2019 period, Fraport’s Group revenue increased by 12.0 percent to €2,852.2 million year-on-year. After adjusting for proceeds related to expansion investments at the Group‘s airports worldwide (based on
IFRIC 12), revenue rose by 5.2 percent to €2,486.7 million. At Frankfurt Airport, factors contributing to revenue growth included higher proceeds from ground handling services, airport and infrastructure charges, as well as security services. Retail, parking and advertising revenue also increased significantly. However, Fraport’s international portfolio clearly continued to be the largest revenue driver. In particular, the Group company in Lima (up €30.5 million), Fraport Greece (up €25.4 million) and Fraport USA (up €21.8 million) contributed substantially to the Group’s adjusted revenue growth.

The operating result or Group EBITDA (earnings before interest, taxes, depreciation and amortization) rose by 7.7 percent to €948.2 million in the nine-month reporting period. The first-time application of IFRS 16 had a positive effect on EBITDA, adding €34.0 million year-on-year. From the beginning of January 2019, the mandatory IFRS 16 international financial reporting standard establishes new rules for the accounting of leases – specifically affecting the accounting of lease contracts concluded by Fraport USA. At the same time, the application of IFRS 16 alone resulted in a €32.8 million increase in depreciation and amortization. Group EBIT saw a correspondingly moderate rise of 2.6 percent to €595.3 million. The Group result (or net profit) grew noticeably by 9.4 percent to €413.5 million. This was due to the improved operating result, as well as the markedly higher contribution from the Group subsidiary in Antalya, which is consolidated using the at equity method.

Solid traffic performance achieved despite slowing growth momentum

Passenger traffic at Frankfurt Airport advanced by a solid 2.3 percent to about 54.2 million travelers during the first nine months of the year. This growth momentum, however, decelerated noticeably over the course of the year. Based on current planning by the airlines, FRA will see a four percent reduction in the number of flights for the 2019/20 winter schedule (effective October 27) compared to the same schedule in the previous year. This reduction is due entirely to the 5.6 percent decline in European traffic, while scheduled intercontinental flights will climb by nearly 2 percent.

Fraport’s Group airports worldwide also saw passenger traffic largely increase in the first nine months, despite some airlines reducing flight offerings or even filing for bankruptcy. Only at the Fraport Twin Star airports of Varna and Burgas, combined passenger traffic dropped noticeably by 11.6 percent year-on-year.

Outlook confirmed

Fraport AG’s executive board is maintaining its full-year traffic outlook for Frankfurt Airport. Given the reduction in flight offerings for the current winter schedule, FRA’s passenger growth is expected to reach the lower end of the forecast range of about 2 percent to 3 percent. The executive board is also maintaining the financial outlook for the full 2019 business year. Group EBITDA is expected to be reach between approximately €1,160 million and €1,195 million, while Group EBIT is forecast between about €685 million and €725 million. Group EBT is projected to be around €570 million to €615 million, and the Group result (net profit) between approximately €420 million and €460 million.

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Fraport: Growth momentum slows in October 2019

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Some 6.4 million passengers traveled through Frankfurt Airport (FRA) in October 2019, up 1.0 percent compared to the same month last year.

In the first ten months of 2019, passenger traffic at FRA grew by 2.2 percent. In the reporting month, aircraft movements decreased by 1.3 percent to 45,938 takeoffs and landings, while accumulated maximum takeoff weights (MTOWs) contracted slightly by 0.3 percent to about 2.8 million metric tons. Cargo throughput (airfreight + airmail) dropped by 7.3 percent to 179,273 metric tons. Overall, FRA’s traffic development in October was impacted by the global economic slowdown, reductions in flight offerings, and a number of airline bankruptcies.

These dampening factors also affected some of Fraport’s Group airports worldwide. Ljubljana Airport (LJU) in Slovenia served 99,231 passengers in the reporting month, down 38.5 percent. Fraport’s two Brazilian airports of Fortaleza (FOR) and Porto Alegre (POA) saw combined traffic decline by 2.5 percent to some 1.3 million passengers. Growing by 2.6 percent, Peru’s Lima Airport (LIM) recorded nearly 2.0 million travelers.

Fraport’s 14 Greek regional airports posted combined traffic growth of 1.6 percent to around 2.5 million passengers. In Bulgaria, traffic at the Fraport Twin Star airports of Varna (VAR) and Burgas (BOJ) decreased by 5.7 percent overall to 145,772 passengers. In contrast, Antalya Airport (AYT) in Turkey saw traffic rise by 10.7 percent to about 4.1 million passengers. Pulkovo Airport (LED) in St. Petersburg, Russia, also achieved a 10.6 percent increase, serving some 1.7 million passengers. At Xi’an Airport (XIY) in China, traffic advanced by 3.4 percent to over 4.1 million passengers.

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Fraport and e-Novia trialed guide robot YAPE at Frankfurt Airport

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In a recent trial, self-driving guide robot YAPE moved through Frankfurt Airport, accompanying passengers to their gates and helping them to transport their small luggage.

YAPE is an AI-based transport and delivery robot developed by Yape Srl (the acronym stands for “Your Autonomous Pony Express”), a company of Italian hi-tech manufacturer e-Novia. Fraport, the operator of Frankfurt Airport (FRA), and e-Novia deployed the little vehicle in FRA’s transit area for five days. Alexander Laukenmann, who heads the Airside and Terminal Management unit at Fraport AG, said: “As a leader in innovation, we constantly strive to push forward new digital technologies aimed at enhancing the travel experience for our passengers. Our aim with YAPE is to test which aspects of artificial intelligence and robotics can help to further improve the quality of services at Frankfurt Airport.”

Vincenzo Russi, CEO of e-Novia, said: “YAPE can be deployed in the most diverse environments. After the trials with Japan Post and a major large-scale distributor in the U.S., YAPE now demonstrates its full potiential by operating at a major aviation hub. Air traffic represents one of the prime drivers of the global economy. With our expertise in AI and robotics – of which YAPE is one of the best examples – e-Novia is developing new solutions for smart mobiltiy and last-mile delivery.”

During the trials in Pier A of FRA’s Terminal 1, the project coordinators closely monitored YAPE. In this initial phase, a smartphone app was used to interact with the robot. Passengers placed their small luggage in the robot’s luggage compartment and let YAPE guide them to their gates. The robot is able to freely move throughout the terminal thanks to its integrated navigation system. In the next phase the compact robot will interact autonomously with passengers.

YAPE can carry up to 30 kilograms at a speed of about 6 kilometers per hour indoors. Since the self-driving electric robot senses its surroundings, it is able to circumvent obstacles. Nevertheless – with more than 69 million passengers passing through Frankfurt Airport yearly – the busy terminals present a special challenge for the smart robot. By trialing the autonomous transport robot, airport operator Fraport aims to test new ways of enhancing the passenger experience, while at the same time reducing staff workload.

YAPE already demonstrated its capabilities as a dependable indoor and outdoor delivery robot in an initial field trial conducted in December 2018 by e-Novia and Japan Post. The outcome of further testing will determine whether and when YAPE will go into permanent service at Frankfurt Airport.

YAPE helps passengers to carry small luggage.

MEDIA CONTACT: Esther Sievers, Fraport AG, Corporate Communications, Media Relations, 60547 Frankfurt, Germany, E-mail:  E.Sievers@Fraport.de , Facebook:  www.facebook.com/FrankfurtAirport

Fraport Traffic Figures: Frankfurt Airport Reports Ongoing Growth

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Most of Fraport’s Group airports worldwide show a positive trend Frankfurt Airport (FRA) welcomed more than 6.9 million passengers inAugust 2019, an increase of 1.7 percent year-on-year. With 46,395 takeoffs and landings, FRA’s aircraft movements remained at the same level as in August 2018. Accumulated maximum takeoff weights (MTOWs) slightly expanded by 0.5 percent to nearly 2.9 million metric tons. Cargo throughput (airfreight + airmail), in contrast, shrank by 5.2 percent to 173,122 metric tons – reflecting the decline in global trade.

The majority of airports in Fraport’s international portfolio showed a positive trend in the reporting month. Ljubljana Airport (LJU) in Slovenia grew by 4.5 percent to 211,431 passengers. Fraport’s two Brazilian airports in Fortaleza (FOR) and Porto Alegre (POA), combined, registered a 3.8 percent dip in traffic to nearly 1.3 million passengers. This decrease can still be attributed to the bankruptcy of domestic carrier Avianca Brasil and to the country’s ongoing economic slowdown.

At Peru’s Lima Airport (LIM), traffic advanced by 6.6 percent to some 2.2 million passengers. Overall traffic at Fraport’s 14 Greek airports increased slightly by 1.1 percent to around 5.5 million passengers. The Bulgarian airports of Varna (VAR) and Burgas (BOJ) continued to be affected by the consolidation of flight offerings, which resulted in traffic dropping by 9.0 percent to about 1.3  million passengers, overall.

Antalya Airport (AYT) on the Turkish Riviera maintained its growth path, with traffic soaring by 13.7 percent to nearly 5.6 million passengers. Traffic also advanced in St. Petersburg (LED), Russia, rising by 5.8 percent to over 2.2 million passengers. Xi’an Airport (XIY) in China posted a 5.9 percent gain to about 4.4 million passengers.

MEDIA CONTACT: Fraport AG, Dana Selin Kröll, Corporate Communications, Media Relations, 60547 Frankfurt, Germany, E-mail: d.kroell@fraport.de  

Everything in White-and-Blue: Frankfurt Airport Is Celebrating Oktoberfest

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A piece of Bavaria is coming to Frankfurt Airport! This year again, the spirit of Germany’s best-known popular festival will also come alive in the shops and restaurants of the departure areas for passengers from around the world to enjoy. The marketplaces are decked out in traditional white-and-blue, offering travelers lots of promotions, activities, and offers attuned to the occasion.

The authentic beertent ambiance is enhanced by traditional Bavarian costumes and live music. Appropriately, there are attractive coupons and discounts for many of the stores as well as the online shop and rewards program. Plus: games to play, and restaurants and bistros serving typical culinary delights that range from white sausage and giant soft pretzels to fresh tap beer in one-liter mugs. Passengers can also get individually sugarinscribed gingerbread hearts to take with them as they fly off to distant destinations.

The white-and-blue color theme will also be featured on Frankfurt Airport’s website, online shop, rewards program and WeChat channel. English- and Chinese-speaking passengers can also look forward to a specially crafted online game. The promotions will last until the end of October.

More information about the wide range of services at Frankfurt Airport is available on the airport website, at the service shop, and via Frankfurt Airport’s social media channels on Facebook, Instagram, Twitter, and YouTube.

MEDIA CONTACT: Angelika Heinbuch, Fraport AG, Spokesperson, Press Office, Corp. Communications, 60547 Frankfurt, Germany, Telephone: +49 69 690-28417, E-mail: a.heinbuch@fraport.de ,  Internet: www.fraport.com , Facebook: www.facebook.com/FrankfurtAirport

FRAPORT: Revenue and earnings increase – Outlook confirmed

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The Fraport Group has successfully started off the new business year, achieving higher revenue and earnings in the first three months of 2019.

Supported by solid passenger growth at Frankfurt Airport and almost all of Fraport’s airports worldwide, Group revenue rose by 17.9 percent to EUR803.8 million. Adjusted for revenue in connection with capital expenditure for expansion projects at Fraport’s Group companies worldwide (according to IFRIC 12), revenue grew by 5.3percent to EUR678.5 million. At Frankfurt Airport (FRA), traffic growth led to higher revenue, particularly from ground handling services, as well as security services and infrastructure charges.

Moreover, the retail and parking businesses had a positive impact on revenue. In Fraport’s international portfolio, major contributions came, in particular, from the Lima (Peru) and the Fraport USA Group companies. In the U.S. market, Fraport recently took over management of retail areas at New York-JFK’s Terminal 5 (April 2018) and at Nashville International Airport (February 2019).

The operating result or Group EBITDA (earnings before interest, taxes, depreciation and amortization) advanced by 14.8 percent to EUR200.6 million in the reporting period. This amount includes a EUR10.9 million positive effect, resulting from the application of IFRS 16 (effective January 1, 2019). The positive effect is offset by additional amortization and depreciation in the amount of EUR10.4 million and a EUR2.8 million increase in interest. Establishing new rules for the accounting of leases, the IFRS 16 standard specifically affects lease contracts between the Fraport USA Group company and respective concession lessors. Thus, Group EBIT climbed by 4.6 percent to EUR86.1 million. Supported by a better interest result, the financial result improved from minus EUR56.1 million in Q1 2018 to minus EUR49.6 million in the first quarter of 2019.

Correspondingly, Group EBT soared by 39.3 percent to EUR36.5 million, while the Group result (net profit) jumped 42.9 percent to EUR28.0 million.

Commenting on the Group’s positive business performance in the first quarter of 2019, Fraport AG’s executive board chairman, Dr. Stefan Schulte, said: “We had a robust start to the new business year, supported once more by the ever growing contributions to revenue and earnings from our Group airports worldwide. In Frankfurt, we successfully managed the first stress test of 2019 during the busy

Easter travel period. Together with our partners, we will continue striving to accommodate the high demand of our customers in the best possible way. To achieve this goal, we will further optimize andstreamline processes and improve infrastructure utilization, as well as vigorously moving our expansion projects forward.”

Operating cash flow jumped noticeably by 60.2 percent to EUR129.0 million in the first three months of 2019, reflecting the positive operational performance across the Group’s airports. When adjusting for the changes in net current assets included in the statement of cash flows, operating cash flow improved by EUR12.6 million or 9.1  percent. Despite increased operating cash flow, free cash flow dropped strongly to minus EUR245.9 million in the first quarter of 2019, due to higher capital expenditure both at Frankfurt Airport and in the international business (Q1 2018:  minus EUR66.9 million).

FRA welcomed almost 14.8 million passengers from January to March 2019, up 2.5 percent year-on-year. FRA achieved this increase despite the fact that traffic in March 2018 received an additionally boost from the earlier timing of the Easter school holidays. This year, in comparison, the Easter break fell during April. Fraport’s Groupairports worldwide largely reported positive traffic performance, although the different timing of the Easter holidays impacted some Group airports serving tourist destinations.

Following the end of the first quarter of this year, the Executive Board maintains its forecasts for fiscal year 2019.

You can find our Interim Release Q1 2019 (http://ots.de/HFMbNo) on the Fraport AG website.

MEDIA CONTACT: Torben Beckmann, Fraport AG, Corporate Communications, Media Relations, 60547 Frankfurt, Germany, E-mail:  t.beckmann@fraport.de , Facebook:  www.facebook.com/FrankfurtAirport

New Visitor Experience: 90-minute Frankfurt airport tour with focus on Terminal 3 construction project

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The future Terminal 3 at Frankfurt Airport is one of the largest privately-funded construction projects under way in Europe. Currently, the site comprises a huge excavated hole where the foundations for the central terminal building with its underground facilities are being laid. Fraport’s visitor service team has responded to enormous public interest in the project by launching an airport tour that focuses on Terminal 3. The highpoint of the 90-minute bus ride around Frankfurt Airport’s apron is a stop at a platform providing an excellent view of the construction site.

The Terminal 3 excursion also showcases other fascinating aspects of apron and airfield activities. For example, participants experience takeoffs and landings from close-up at the Center and South Runways. A guide is present throughout, relating fascinating facts and figures, including insights into the construction project. Terminal 3 is scheduled to open in 2023. It will include three new piers, with capacity for more than 20 million passengers annually, and will be setting new standards in terms of its architectural design.

Due to safety regulations, participants in the Terminal 3 tour must be at least 16 years of age. The price per person is 15 euros. The tour can be booked for individuals or groups. An ideal addition is a visit to the viewing platform in Terminal 2. The platform is open all year round.

More information on other tours and the Visitors’ Terrace can be found at www.FRA-tours.com .

MEDIA CONTACT: Fraport AG, Angelika Heinbuch, Spokesperson, Press Office, Corp. Communications, 60547 Frankfurt, Germany, Telephone: +49 69 690-28417, E-mail: a.heinbuch@fraport.de ,  Internet: www.fraport.com , Facebook: www.facebook.com/FrankfurtAirport

Frankfurt Airport lays cornerstone for future Terminal 3

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From the left: Dr. Stefan Schulte (CEO Fraport AG), Karlheinz Weimar (Supervisory Board Chairman, Fraport AG), Dr. Thomas Schäfer (Hesse Finance Minister), Uwe Becker (Mayor of Frankfurt and member of Fraport AG’s Supervisory Board), Matias Wenzel (responsible construction site manager) and Prof. Christoph Mäckler (architect).

Fraport AG laid the cornerstone for Frankfurt Airport’s new Terminal 3, one of Europe’s largest privately financed infrastructure projects. Numerous guests and construction workers attended the ceremony, which marked the start of above-ground construction. To remind future generations of this milestone, a group of participants filled and bricked in a time capsule. They included Dr. Thomas Schäfer, Minister of Finance of the German state of Hesse, and architect Prof. Christoph Mäckler, as well as Fraport AG’s executive board chairman, Dr. Stefan Schulte, and its supervisory board chairman, Karlheinz Weimar. During periods of peak activity, up to 5,000 construction workers a day and around 75 tower cranes will be deployed at the Terminal 3 construction site.

During the ceremony, Fraport CEO Schulte stated: “We are building the future with Terminal 3―for Frankfurt Airport, the entire Rhine-Main region and far beyond. By employing state-of-the-art technology and intelligent processes to create an outstanding passenger experience, we are meeting the promise inherent in our slogan, ‘Gute Reise! We make it happen’. With the new terminal, we are adding sufficient capacity for about 21 million more travelers annually by the year 2023. Frankfurt is already an international leader in terms of connectivity. No other aviation hub in the world offers more destinations to business or leisure travelers than Frankfurt Airport. And Terminal 3 will further strengthen Germany’s most important gateway to the world.”

Finance Minister Schäfer said: “Today we aren’t just laying the cornerstone for a new airport building. We are also establishing the basis for more jobs, more opportunities, and greater economic vitality. The construction of Terminal 3 is an important step for strengthening the airport’s competitiveness and therefore also that of the state of Hesse as a center of economic activity. Over the next few years, Fraport AG will invest up to four billion euros in the project. This has the potential to create many new jobs while increasing the importance of Frankfurt Airport as Germany’s largest place of employment. But even though the airport is the powerhouse of Hesse’s economy, this doesn’t mean that it has free rein. The state government will continue to insist that the aviation industry uphold its strong commitment to reducing noise and environmental burdens.”

Terminal 3’s Pier G, with capacity for up to five million passengers, will be completed by 2021 in the southern part of Frankfurt Airport. This modern facility will later be integrated into Terminal 3’s premium product. The plans call for the main terminal building, along with Piers H and J, to be completed in 2023. As a result, the airport will then be able to handle up to 21 million more passengers than now. There will be an option to later add a Pier K, thus increasing the new terminal’s total capacity to 25 million air travelers.

Fraport supervisory board chairman Weimar added: “Frankfurt Airport is a premium air traffic hub. This is obvious from the growing number of travelers wishing to fly from and via Frankfurt. In view of the buoyant growth in passenger volumes, it is high time to enlarge our capacity. So it’s good news that one pier can be completed ahead of the rest. Pier G will begin operating and providing additional capacity as early as 2021. This leaves no doubt that we were right to opt for an architectural design that could be flexibly adjusted as required.”

Architect Christoph Mäckler explained the terminal’s design as follows: “What passengers want before and after flying is, more than anything else, rest and relaxation. This was an essential leitmotif for designing Terminal 3, alongside maximizing the technical and functional flexibility of the building complex. The light-flooded interior spaces feature high-quality materials in warm natural hues to evoke a pleasant ambiance that invites passengers to relax and stay a while. In this respect, the new terminal will be the first of a new generation worldwide.”

Fraport Ausbau Süd GmbH, a wholly-owned subsidiary of Fraport AG, is responsible for managing, supervising and monitoring the construction project. The approved budget amounts to between 3.5 and four billion euros, Fraport’s largest single investment at Frankfurt Airport. Some 500 individual contracts are being awarded for a wide variety of tasks, which is benefitting a large number of small and midsized construction companies, including in the Frankfurt region.

MEDIA CONTACT: Fraport AG, Angelika Heinbuch, Spokesperson, Press Office, Corp. Communications, 60547 Frankfurt, Germany, Telephone: +49 69 690-28417, E-mail: a.heinbuch@fraport.de ,  Internet: www.fraport.com , Facebook: www.facebook.com/FrankfurtAirport

“Best Worscht in Town” brings a currywurst buffet to Frankfurt Airport

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rankfurt Airport is about to gain yet another culinary highlight: “Best Worscht in Town”, a German fast food chain that has achieved cult status, is opening its first airport restaurant. From humble beginnings as a family-run sausage stand that opened in Frankfurt in 1970, it has blossomed into an international franchise.

The menu embraces a wide variety of currywurst specialties for every taste. For the unitiated: currywurst, allegedly invented in Berlin after WW II, has traditionally consisted of steamed and then fried sausage that is typically cut into bite-sized chunks, smoothered with curry-flavored ketchup, and then sprinkled with even more curry powder.

“Best Worscht in Town” has gone a step further, however, to create a veritable currywurst El Dorado that not only meets the expectations of those who love the classic variety with pork or beef sausage, but also features delicious nonmeat versions for vegans and fans of organic products. Those who love spicy foods are also fully catered to: patrons can use a “Spiciness Meter” to choose any level from A for mild to F for eye-poppingly intense (“not for softies!” warns the menu).

The staff, dubbed “Worscht Dealers”, are more than willing to make recommendations to guests wishing to experiment. The many kinds of currywurst are served with French fries or freshly baked German-style sourdough bread. Chocolate milk, a traditional remedy for alleviating hot chili overdoses, is also available.

The “Best Worscht in Town” outlet is located in Terminal 1 in the Airport City Mall in Concourse A, one level above the regional train station at Frankfurt Airport. It will be open between 9 a.m. and 10 p.m.

Around 70 restaurants serve passengers and visitors daily at Frankfurt Airport. More information on the wide range of services available there can be found on the airport’swebsite, in its Service Shop, and on its Twitter, Facebook, Instagram and YouTube social media pages.

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