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Fraport, pax up 1.5% in 1Q 2017


Frankfurt Airport (Fraport/ FRA) reported that it has continued its growth path in the first quarter of 2017, the first time in the airport's history, when more than 13 million passengers passed through Germany's largest aviation hub, a 1.5% increase year-over-year. 

Without the leap-year effect, a number of strikes and the late timing of the Easter holidays in 2017, the growth rate would have reached 3.1%, according to the airport.  Cargo throughput (airfreight + airmail) also posted positive growth in the first three months of 2017, rising by 5.8% to 535,764 metric tons. 

Aircraft movements decreased by 1.2% to a total of 104,530 takeoffs and landings, while accumulated maximum takeoff weights (MTOWs) were down 2.6% to about 6.7 million metric tons. Adjusted for the special effects, aircraft movements would have increased by 0.3%.

In March 2017, Frankfurt Airport served some 4.9 million passengers, up 1.8% YoY. Without a number of flight cancellations, mainly due to strikes at airports in Berlin, passenger traffic would have increased by 2.3%. 

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Fraport Greece, Greece-based airport operator and a subsidiary of Frankfurt Airport Germany, announced that it has commenced the 40-year concession for managing, operating and developing 14 regional airports on the Greek mainland and popular holiday islands.
 

Cargo volumes increased by 9.8% to 205,443 metric tons in March 201, the highest monthly growth rate recorded over the previous six years, the airport stated.  At the same time, the number of aircraft movements rose by 1.1% to 37,924 takeoffs and landings.  With approximately 2.4 million metric tons, maximum takeoff weights shrank by 1.0% compared to the same month of the previous year.


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