Fraport revenue stable despite volatility

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Airport operator Fraport’s revenue figures have remained stable at $1.1 billion for the first half of 2014, with Frankfurt Airport handling one million tonnes of cargo despite volatile freight volumes.

Revenue rose in the second quarter to $628.3 million compared to $519.7 million between January and March resulting in income for the first half of 2014 of $1.1 billion. This compares to $625.6 million and $529.8 million in the second and first quarters of 2013, which also saw a first half revenue of $1.1 billion.

Fraport’s executive board chairman, Stefan Schulte says: “The ongoing growth in demand for air traffic worldwide opens up development opportunities for Fraport domestically and internationally – whereby the timely creation of the required capacities at each airport is vital.”

Frankfurt Airport handled one million tonnes of cargo in the first six months of 2014, up 2.5 per cent on the same period in 2013. This is despite volatile figures throughout the year with volumes rising and falling with each month. In January it handled 160,970 tonnes before dipping in February to 159,249 tonnes and rising again in March to 201,806 tonnes. In April, May and June it continued to rise and fall, handling 171,909 tonnes, 185,629 tonnes and 178,384 tonnes, respectively.

Other Fraport Group airports are handling more cargo in the first six months. Delhi Indira Ghandi International Airport handled 324,207 tonnes, a 17.1 per cent rise on the same period in 2013. Xi’an Xianyang International Airport saw an increase of 4.4 per cent, handling 86,545 tonnes. 

Jorge Chávez International Airport handled 130,584 tonnes, achieved  2.1 per cent growth, butHannover Airport saw a drop of 1.4 per cent and it handled only 7,344 tonnes. Fraport’s Bulgarian airports saw large increases in the first six months of 2014.  Varna Airport saw a 64.5 per cent jump to 22 tonnes and Burgas Airport handled 2,754 tonnes, a 100 per cent increase. It processed 2,625 tonnes for the whole of 2013.

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