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Fraport AG Frankfurt Airport Services Worldwide,
commonly known as Fraport, is a German transport company which operates
Frankfurt Airport in Frankfurt am Main, Germany, 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 Xetraand 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 Frankfurtfrom 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
(such as Vienna). 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.
Type Aktiengesellschaft
Traded as
FWB: FRA
Industry Transportation
Founded
1947
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
€2.195 billion (2010)
Operating income
€430.9 million (2010)
Profit
€262.9 million (2010)
Total assets
€9.171 billion (end 2010)
Total equity
€2.739 billion (end 2010)
Employees
19,790 (average, 2010)
Website
www.fraport.com
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