WFS Acquires 51% Stake in Fraport Cargo Services
PR Newswire Europe - Wed Jul 08, 4:01AM CDT
PARIS, July 8, 2015 /PRNewswire/ --
The Weekender
Aviate - at Seeking Alpha - Sun Jun 14, 5:17AM CDT
Got Europe? Got European Equities? We are all acutely aware of the performance YTD of sovereign bonds vs. equities. European Sovereign Bonds total return -2.7% vs. the SXXP Total Return +16.7%. Going back 2 years, the chart is just as ugly. BUT,...
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Fraport Monitor, sponsored by UNITE HERE, announces launch of website and reports
Business Wire - Thu Jun 04, 8:00AM CDT
Fraport Monitor is pleased to announce the launch of its website and a series of reports regarding Fraport AG, the Frankfurt-based airport management company. The first report, titled Fraport Struggles to Secure Growth, outlines Fraport's recent record in regards to various tenders and acquisition attempts. Fraport Monitor is independent of the company, and strives to be a valuable resource for current and prospective investors regarding Fraport, its competitors, and the broader aviation industry.
Fraport AGM: Company's Results Develop Positively - Dividend Proposed to Increase to EUR 1.35 per Share
PR Newswire - Fri May 29, 3:50AM CDT
The Fraport Group's financial result and corporate developments achieved in fiscal year 2014 were the main topics at Fraport AG's 14th Annual General Meeting (AGM), held at the Jahrhunderthalle in Frankfurt-Höchst on May 29. During the AGM, Fraport AG's executive board chairman (CEO), Dr. Stefan Schulte, informed the Group's shareholders about the key financial figures and air traffic developments in fiscal 2014. The previous year saw worldwide rising demand for mobility, driven primarily by growing markets in Asia. Passenger figures in Europe also increased by more than five percent. "Frankfurt Airport also benefited from this positive momentum - achieving a new passenger record of nearly 60 million passengers last year, despite a high number of strike-related flight cancellations. With cargo volumes reaching 2.1 million metric tons, Frankfurt could maintain its position as the most important air cargo hub in Europe," stated Schulte.
Fraport Publishes First Combined Business and Sustainability Report: "2014 Compact - Fraport. Finance. Sustainability."
PR Newswire - Thu May 07, 3:00AM CDT
Both Financial and Sustainability Developments Are Presented Together in One Concise Report for the First Time
Fraport Interim Report 1st Quarter 2015: Fraport Group Achieves Growth in Revenue and Operating Result (EBITDA)
PR Newswire - Thu May 07, 12:00AM CDT
FRA/gk-rap - In the first quarter of 2015, Fraport AG recorded noticeable growth in Group revenue, rising by 10.8 percent to EUR 575.9 million. Factors contributing to this result included growth in traffic and fees, higher proceeds from the retail business, consolidation of two new Group subsidiaries, as well as currency effects. The Group's underlying revenue increased by 10.6 percent to EUR 572.3 million, while the operating result or EBITDA (earnings before interest, tax, depreciation and amortization) improved by EUR 18.6 million or 13.8 percent to EUR 153.1 million. The Group result advanced EUR 4.6 million year-on-year to EUR 10.6 million.
Fraport Fiscal Year 2014: Passenger Growth and Financial Performance Meet Expectations
PR Newswire - Thu Mar 19, 1:00AM CDT
As announced after last Monday's regular supervisory board meeting, Fraport AG achieved not only its financial goals in fiscal year 2014 but has also increased its dividend recommendation by 10 euro cents to EUR 1.35 per share. For the fiscal year ending December 31, 2014, Fraport's Group revenue rose to about EUR 2.4 billion (up 0.8 percent year-on-year; or up by 3.2 percent on an adjusted basis). The operating result or Group EBITDA (earnings before interest, tax, depreciation and amortization) grew by 7.8 percent to EUR 790.1 million, while Group EBIT (earnings before interest and tax) advanced by a noticeable 10.1 percent to EUR 482.8 million. Fraport also posted a 6.8 percent gain in the Group result to EUR 251.8 million. At EUR 2.54, basic earnings per share were 5.8 percent higher - up 14 euro cents - compared to the previous year.
Fraport Supervisory Board Recommends Higher Dividend for 2014 Fiscal Year
PR Newswire - Mon Mar 16, 9:42AM CDT
FRA - At its regular board meeting today, the Fraport AG supervisory board approved Fraport AG's annual financial statements for 2014 and the Fraport Group's annual statements. For the fiscal year ending December 31, 2014, the Fraport Group posted revenue of about EUR 2.4 billion (up 0.8 percent), EBITDA of about EUR 790 million (up 7.8 percent) and a Group result of about EUR 252 million (up 6.8 percent). Based on this development, the supervisory board has decided to recommend at the company's upcoming annual general meeting that the dividend be increased by 10 euro cents per share to EUR 1.35 per share for the 2014 fiscal year. Today, the company issued an ad-hoc release to inform the capital market about this decision. The Fraport Annual General Meeting (AGM) will decide on the dividend recommendation on May 29.
Fraport Traffic Figures - December & Full Year 2014: Frankfurt Airport Reports Rising Passenger and Cargo Volumes Despite Several Strikes
PR Newswire - Thu Jan 15, 12:00AM CST
FRA/gk-rap -Frankfurt Airport (FRA) achieved a new record in 2014 as well. Some 59.57 million passengers passed through Germany's largest aviation hub in 2014, an increase of 2.6 percent year-on-year. Passenger growth at Fraport AG's home base FRA would have been even greater - with an underlying increase of around 3.9 percent to about 60.3 million passengers - when taking into account the high number of mainly strike-related flight cancellations and all other extraordinary cancellations, including due to adverse weather.
ICSID Again Negates Its Jurisdiction for Arbitrating Fraport's Compensation Claim Against the Republic of the Philippines
PR Newswire - Thu Dec 11, 7:25AM CST
FRA/rap-gk - In its decision announced yesterday, a tribunal of the International Centre for Settlement of Investment Disputes (ICSID) declared once again that it has no jurisdiction over Fraport AG's compensation claim against the Republic of the Philippines.
Fraport Traffic Figures - November 2014: Fraport Reports Ongoing Traffic Growth at Its Frankfurt Global Hub and at Airports in the Group's International Portfolio
PR Newswire Europe - Wed Dec 10, 12:01AM CST
FRANKFURT, Germany, December 10, 2014 /PRNewswire/ --
Fraport Consortium Wins Tender for 14 Greek Regional Airports
PR Newswire - Tue Nov 25, 8:44AM CST
Fraport AG Frankfurt Airport Services Worldwide and its partner Copelouzos Group have been selected as preferred investor for a 40-year operating concession by the Hellenic Republic Assets Development Fund (HRADF) for 14 regional airports in Greece, including Aktio, Chania (Crete), Kavala, Kefalonia, Kerkyra (Corfu), Kos, Mitilini, Mykonos, Rhodes, Samos, Santorini, Skiathos, Thessaloniki - Greece's second largest city - and Zakynthos. Combined, these airports served a total of about 19.1 million passengers in 2013. The total purchase price of 1,234 million euros will be paid by the time of closing, expected in the autumn of 2015. Fraport AG will hold a majority share in the consortium.
Global Travelers' Airport Retail Trends, 2014-2015
M2 - Fri Nov 14, 6:23AM CST
Research and Markets (http://www.researchandmarkets.com/research/vbrqq8/global_travelers) has announced the addition of the "Global Travelers' Airport Retail Trends, 2014-2015" report to their offering. 'Global Travelers' Airport Retail Trends, 2014-2015' is a new report that globally analyzes prevailing trends in airport retailing and explores how business dynamics are set to change in 2014 - 2015. This highlights the key drivers and barriers influencing customer opinion and purchasing pattern, and identifies preferred product categories, frequently used payment modes, and business optimization activities adopted by airport retailers. This report examines travelers' opinion about the current trends in airport retailing and their retrospective effect on the marketing activities and business expansion plans adopted by the retailers. Furthermore, it analyses preferred travel destinations, shopping frequency, purchasing pattern, and average expenditure. In addition, the report examines time spent, brand preferences, as well as browsing frequency pattern of passengers who travel globally. Key Highlights - Overall, 65% of respondents spend 15 minutes or less' per visit to a duty paid airport retail outlet. - Regardless of age, the majority of respondents conducted less than 5%' of their overall shopping at airport retail stores in the last six months. - In 2014, 48% of respondents identified that more than 76%' of their purchases at duty paid airport retail stores are impulsive. - According to the respondents' opinion, perfumes, cosmetics, and other personal care items' occupy maximum airport retail space. Companies Mentioned - Airmall USA Holdings Inc - Armani Jeans - Biotherm - DFS Group - Delhi Duty Free - Diageo - Dom P?rignon - Dufry - Elemis - Fraport AG - Furla - Gebr Heinemann - GlamGlow - Glenfiddich - Hennessy - L'Oreal - Molton Brown - Nuance Group - Pernod Ricard - Smashbox - Victoria's Secret - WH Smith plc - World Duty Free Group For more information visit http://www.researchandmarkets.com/research/vb..._travelers
Grenada and Windhoek: First Condor Flights From Frankfurt
Marketwired - Mon Nov 10, 11:06AM CST
At 09:25 a.m. today, the first Condor flight took off from Frankfurt (FRA) heading to Windhoek (WDH) in Namibia. This is not only the first time that the Boeing 767, registration D-ABUA, is flying to Namibia for Condor, but it is also the leisure carrier's first long-haul aircraft in the new gray-and-yellow Condor livery with a glowing Sunny Heart on its tail. As of winter 2014/15, Condor will be taking passengers to the Namibian capital on Mondays and Thursdays. The direct connection will be offered in summer 2015 on Tuesdays and Saturdays, making Windhoek a year-round Condor destination. This means the leisure carrier is adding yet another African destination to its current ones in South Africa, Tanzania, and Kenya.
Fraport Interim Report - Nine Months 2014: Fraport Group Achieves Positive Financial Performance Thanks to Traffic Growth
PR Newswire - Thu Nov 06, 12:00AM CST
Revenue, EBITDA and Group Result on the Rise - Fraport Group's International Business Continues to Grow - CEO Schulte: "Our Latest Results Show That We Are on Track to Meet Our Full-year Outlook"
Morpho Detection Awarded Frankfurt Airport Contract for Desktop Trace Detectors
Marketwired - Tue Nov 04, 7:06AM CST
Morpho (Safran), through its subsidiary Morpho Detection, today announced a contract with Fraport AG, the owner and manager of Frankfurt Airport, for 45 Itemiser® DX explosives trace detectors (ETD).
Fraport Wins Ljubljana Airport Privatization
PR Newswire - Fri Sep 05, 12:01PM CDT
Fraport AG and a consortium headed by the Slovenian Sovereign Holding (SDH) have reached agreement for the purchase of Ljubljana Airport (Aerodrom Ljubljana) in the capital city of Slovenia, southeastern Europe. Winning against strong international competition in a closed bidding process on July 4, Fraport was selected by the seller side to participate in exclusive negotiations on the sale of Aerodrom Lubljana d.d., the company that operates the airport.
GBAS Satellite-supported Precision Approach System Officially Inaugurated at Frankfurt Airport
M2 - Thu Sep 04, 9:08AM CDT
Europe's First Hub to Make Precision Landing Approaches Possible Using the Ground Based Augmentation System (GBAS) -- Further Initiatives Implemented by the Alliance for Noise Abatement
Prospect Capital Exits AirMall at a Gross 16.7% Internal Rate of Return and 1.61x Cash-on-Cash Return
Marketwire - Mon Aug 04, 6:00AM CDT
Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect"
PSEC: 7.37 (+0.05)