Fraport cargo volumes fall

However, there were more passengers and revenue growth of aviation segment for the group

cargo business cargo volume Fraport Cargo Fraport Group ground handling night-time curfew passenger traffic

During the first half of 2012, the Fraport Group’s revenue increased by 2.5 per cent to $1.43 billion (€1.154 billion). While passenger traffic increased, Fraport’s cargo volume dropped: airfreight tonnage fell (minus 9.9 per cent). The night-time flight curfew, implemented at the end of October 2011, also strengthened the decline.

Revenue for the aviation segment grew by $ 37 million (€29.9 million) due to growth in passenger traffic as well as hike in airport charges at Frankfurt Airport while revenue for ground handling went down by $10 million (€8.2 million), primarily because of the continued drop in cargo business.