Passenger numbers and sales increase

by time news

2023-08-08 14:40:55

The number of passengers at Frankfurt Airport rose by 29.1 percent to 26.9 million in the first half of 2023 compared to the first six months of the previous year. The airport operator Fraport AG announced on Tuesday that this corresponds to 79.9 percent of the volume in the last year before the crisis, 2019. For the full year 2023, the Executive Board around Fraport boss Stefan Schulte expects a volume of 80 to 90 percent of the level of 2019 with around 70.6 million passengers at the largest German airport. According to the forecast, the consolidated result for the full year 2023 will be between 320 and 400 million euros.

According to the information, the 14 Greek regional airports in particular recorded significant passenger growth among Fraport’s international airport holdings. In the first half of the year, the volume there was already 7.8 percent above the pre-crisis year 2019. The airport in Antalya, Turkey, reported passenger numbers of 96.2 percent of the pre-crisis level. The airport in the Peruvian capital, Lima, achieved 85.4 percent of the pre-crisis level in the first half of the year, and the two Brazilian airports in Fortaleza and Porto Alegre together reached 84.7 percent.

Africa and the Caribbean are growing

According to Fraport, air traffic within Europe benefited above all from the high demand for holiday flights to destinations on the Mediterranean. The Frankfurt airport managers also report a gradual increase in important business travel within Western Europe.

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In intercontinental traffic, tourist destinations in North and Central Africa and the Caribbean in particular increased, as Fraport further announced. According to the latest figures, passenger traffic with North America, which is important because it is high in volume, has almost reached the pre-crisis level, while traffic to China, which was strong before the corona pandemic and important for Frankfurt, has continued to lag behind the general traffic development at around a third of the volume in the last year before the crisis, 2019.

Security Fee Revenue

Supported by the recovery in passenger numbers compared to the past crisis years, the airport operator Fraport increased group sales in the first half of this year to a good 1.8 billion euros, which is an increase of 33.8 percent compared to the first six months of the year corresponds to 2022. The operating result, the operating result before interest, taxes, depreciation and amortization, reached 481.4 million euros, which means an increase of 17.9 percent compared to the first two quarters of the previous year. The bottom line was a group result of 85 million euros. According to Fraport, this key figure was still negative at minus 53.1 million euros in the same period of the previous year because the participation in the Russian airport Pulkovo in St. Petersburg had been written off in full.

According to the information, the sales revenues for the first time in the six-month figures also include the aviation security fees of 106.4 million euros, which the airport operator has received since it took over control of the security checkpoints in Frankfurt from the federal police on January 1 of this year .

At the same time, the income from these checks and other security services such as personnel and goods checks fell by 75.6 million compared to the first half of the previous year because Fraport sold the majority of the shares in the Group company Frasec Aviation Security GmbH and sold them to the Munich Sasse Group has given. This became necessary so that Frasec can continue to participate in tenders for security checks, which the airport operator now carries out itself.

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