Frankfurt airport employees will resume normal working hours this week based on what it says is a combination of winning new customers and the slowing of precipitous year-on-year declines in traffic to around 15 per cent in May from over 23 per cent in the first quarter. This also applies to the airport’s cargo amid signs the six month slump in freight traffic has bottomed out. Europe’s biggest air freight hub cut hours for 500 of its 630 cargo handlers by around 20 per cent in early March after freight traffic fell by between 20 and 25 per cent from year-earlier levels for several months running. Lufthansa Cargo, Frankfurt’s biggest cargo customer, also introduced short time working for 2,600 employees, slashed capacity by 20 per cent and grounded four of its 19 MD-11 freighters, but has not made any announcement it would be altering those arrangements just yet.
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