Fraport Expects a Strong Performance for 2022 Following its Recovery in 2021

Justin Lee

Singapore

May 31, 2022

Frankfurt Airport

de

Fraport AG Frankfurt Airport Services

23

Airports

8

Countries

42

Reports

The various airport operator companies making up the Fraport Group saw a significant recovery from the pandemic in 2021, with total passenger traffic increasing by 43.2% year-on-year to 136.4 million passengers.

Compiled from Fraport Annual Reports

Thanks to the strong rebound over the European summer holiday period in 2021, recovery was especially significant at Fraport’s airports in Greece, Bulgaria (Burgas) and Turkey (Antalya). These airports, which serve popular European summer holiday locations, saw year-on-year increases in passenger traffic by 102.4%, 125.0% and 125.7% respectively. In addition, they make up about 30% of total commercial passenger traffic of the Fraport Group. However, despite the strong recovery, total passenger traffic for 2021 was still 46.3% lower than that for the year 2019. Out of these airports, only Pulkovo Airport’s 2021 passenger throughput had a difference from the 2019 throughput of less than 10%. In terms of Fraport’s financial performance, it has managed to improve its revenue from EUR1.68mn in 2020 to EUR2.14mn in 2021, a year-on-year increase by 27.8%. This figure is still 42.2% lower than that generated for the year 2019. 

Subscriber-only content. You must be signed in and have a subscription plan to view this information.

Not a member of airportIR?

Subscribers receive access to value-added content including the latest Deal Pipeline intel, in-depth feature articles and analysis, operator/investor profiles, industry insights, reports and much more.

What's Included

  • In-depth deal pipeline content
  • Feature articles and analysis
  • Detailed operator/investor profiles
  • Industry insights, reports and much more
Subscribe

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Proin faucibus arcu et sem dapibus, faucibus viverra ex semper. Sed maximus urna quis lectus porta gravida. Sed enim sem, ullamcorper at tempor et, tincidunt eget purus. Etiam vitae iaculis dolor. Etiam commodo tempus turpis. Integer ac nunc ac leo facilisis tempus. Pellentesque quis sagittis diam. Fusce congue pulvinar interdum. Curabitur porta libero enim, ullamcorper condimentum diam accumsan quis. In tempor egestas risus, id congue nibh cursus in. Cras sollicitudin fermentum orci et eleifend.

Nam eget imperdiet risus, at luctus nulla. Nullam porttitor, est quis viverra fringilla, ipsum velit tincidunt massa, vel egestas lacus velit eget mauris. Proin finibus condimentum tellus, in commodo felis dapibus a. Curabitur luctus et sapien a dapibus. Mauris faucibus dapibus justo vitae varius. Proin quis mauris eros. Curabitur tincidunt feugiat dignissim.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Proin faucibus arcu et sem dapibus, faucibus viverra ex semper. Sed maximus urna quis lectus porta gravida. Sed enim sem, ullamcorper at tempor et, tincidunt eget purus. Etiam vitae iaculis dolor. Etiam commodo tempus turpis. Integer ac nunc ac leo facilisis tempus.