Fraport
| File:Fraport.svg | |
| Company type | Aktiengesellschaft |
|---|---|
| FWB: FRA | |
| Industry | Transportation |
| Founded | 1924 (as Südwestdeutsche Luftverkehrs AG)[1] |
| Headquarters | Frankfurt Airport Frankfurt am Main, Hesse, Germany |
Key people | Stefan Schulte (CEO and chairman of the executive board), Karlheinz Weimar (Chairman of the supervisory board) |
| Services | Airport operation |
| Revenue | €2.400 billion (2014) |
| €430.9 million (2010)[2] | |
| €252 million (2014) | |
| Total assets | €9.171 billion (end 2010)[2] |
| Total equity | €2.739 billion (end 2010)[2] |
Number of employees | 20,400 (2014) |
| Website | www.fraport.com |
Fraport AG Frankfurt Airport Services Worldwide,[3] commonly known as Fraport, is a German transport company which operates Frankfurt Airport in Frankfurt am Main and holds interests in the operation of several other airports around the world. In the past the firm also managed the smaller Frankfurt-Hahn Airport located 130 kilometers west of the city. It is listed on both the Xetra and the Frankfurt Stock Exchange. The company's current chief executive officer is Stefan Schulte. As of 2009, the company has approximately 20,000 employees - about 17,500 of them in Frankfurt - and an annual revenue of about €2 billion. Fraport was the main sponsor of the Bundesliga football team Eintracht Frankfurt from the 2002/2003 season to 2012.
Fraport AG is also involved in ground handling operations at its own operated airports and at third-party operated airports. It mostly operates ground handling services in a deregulated context. Fraport was also involved to make Frankfurt Airport and Indira Gandhi International Airport ready for A380 operations.
Operations
In addition to various management and infrastructure subsidiaries related to Frankfurt Airport, Fraport's holdings include the following airport operating companies:[4]
| Company | Airport(s) operated | Country | % ownership |
|---|---|---|---|
| DIAL Delhi International Airport Private Limited | Indira Gandhi International Airport | India | 10% |
| Flughafen Hannover-Langenhagen GmbH | Hanover-Langenhagen Airport | Germany | 30% |
| Fraport IC Ictas Antalya Airport Terminal Investment and Management Inc. | Antalya Airport | Turkey | 51% |
| Fraport Twin Star Airport Management AD | Burgas Airport, Varna Airport | Bulgaria | 60% |
| Lima Airport Partners S.R.L. | Jorge Chávez International Airport | Peru | 70% |
| Ljubljana Airport | Ljubljana Airport | Slovenia | 100% |
| Northern Capital Gateway LLC | Pulkovo Airport | Russia | 35.5% |
| AirMall | retail at Baltimore-Washington International Airport, Boston Logan International Airport, Indianapolis International Airport, Pittsburgh International Airport | United States | 100% |
| Xi'an Xianyang International Airport Co., Ltd. | Xi'an Xianyang International Airport | China | 24.5% |
Greece
As of December 2015, Greece's government signed a privatization deal with Fraport and Greek energy firm Copelouzos with awarding them a 1.2 billion euro contract to lease and manage 14 regional airports for a concession period of 40 years.[5][6] The airports included in the concession are Aktio, Chania (Crete), Kavala, Kefalonia, Kerkyra (Corfu),[6] Kos, Mitilini, Mykonos, Rhodes, Samos, Santorini,[5] Skiathos, Thessaloniki and Zakynthos.
Headquarters
The company's articles of association designate Frankfurt am Main as the company's registered office.[3] Fraport's facilities are on the property of Frankfurt Airport in the city's Flughafen district.[7] Its head office building is Building 178, close to Tor 3 (gate 3).
References
- ^ "History". Fraport.
- ^ a b c "Annual Report 2010" (PDF). Fraport. Retrieved 2 April 2011.
- ^ a b "Articles of Association of Fraport AG Frankfurt Airport Services Worldwide." Fraport. Retrieved on May 28, 2011. "I. General Provisions § 1 Company name, registered office and financial year (1) The name of the company is Fraport AG Frankfurt Airport Services Worldwide. (2) The registered office of the company is Frankfurt am Main."
- ^ "Subsidiaries and Investments". Fraport. Retrieved 31 May 2010.
- ^ a b "Greece signs 1.2 bln euro airport deal with Germany's Fraport", Kathimerini english version (14 December 2015).
- ^ a b "Greece confirms Germany's Fraport to run regional airports", Reuters (Tue Aug 18, 2015 9:49am EDT).
- ^ "How to find us." Fraport. Retrieved on May 28, 2011.
