Fraport

Overview
News

Fraport AG Frankfurt Airport Services Worldwide (FRA: FRA) is one of the leading companies in the global airport business. As owner and operator of Frankfurt Airport, Germany's largest aviation hub, Fraport manages one of the world's busiest airports in terms of passenger traffic and cargo volume.

Fraport's core business includes airport operations, ground handling services, retail and real estate management, and airport security. The company operates Frankfurt Airport's infrastructure and main facilities, including runways, terminals, access roads, and parking structures. Fraport also provides essential services such as traffic and terminal management, ground handling, and security services. Additionally, the company leases commercial space at Frankfurt Airport to over 500 contractors, including airlines, freight forwarders, travel agencies, and retail stores.

Beyond Frankfurt, Fraport has expanded its international presence and currently operates or holds stakes in airports across four continents. Some of its major international operations include airports in Lima (Peru), Antalya (Turkey), and 14 regional airports in Greece. In 2023, Fraport's Group airports welcomed about 168 million passengers. The company generated revenue of EUR 3.2 billion and a profit of EUR 167 million in fiscal year 2022. Fraport has set ambitious sustainability targets, aiming to reduce its CO2 emissions to 95,000 metric tons per year by 2030 and achieve carbon neutrality by 2045.

HQ Location:
Frankfurt DEU
Founded year:
1924
Employees:
10,000+

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