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Fraport: Growth momentum slows in October 2019

Fraport: Growth momentum slows in October 2019
Fraport: Growth momentum slows in October 2019

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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Chief Assignment editor is Oleg Siziakov

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