Fraport Ag Frankfurt (FPRUF) 54.0000 $FPRUF
Fraport to Sell Partial Stake in Thalita Trading Ltd. to Qatar Investment Authority
PR Newswire - Sun Jul 31, 7:41AM CDT
FRA/rap - Today, Fraport AG Frankfurt Airport Services Worldwide (Fraport AG) and its consortium partners at Pulkovo Airport reached an agreement to sell part of their shares in Thalita Trading Ltd. (Thalita) to Qatar Investment Authority (QIA). Thalita is the parent company of Northern Capital Gateway LLC consortium, which has the 30-year concession for operating Pulkovo Airport (LED) in St. Petersburg, Russia. Fraport will be reducing its stake in Thalita by 10.5 percent from 35.5 percent to 25 percent. Based on the current book value, Fraport expects profit from the transaction to range between 30 and 40 million euros - which in its total sum will impact the Group EBITDA, EBIT and EBT for the 2016 business year and will positively influence the Group result. The transaction closing is expected to be completed in the second half of 2016.
Fraport Annual General Meeting 2016: Good Figures for Fiscal Year 2015
PR Newswire - Fri May 20, 3:53AM CDT
Basis: Good Traffic Growth in Frankfurt - Positive Contribution from External Business with Improved Financial Results - Challenging Conditions for the Current Year
Fraport-Copelouzos Consortium Signs Contracts for Managing 14 Greek Airports
PR Newswire - Mon Dec 14, 5:00AM CST
Fraport AG Frankfurt Airport Services Worldwide and its Greek partner Copelouzos Group today signed contracts with the Hellenic Republic Asset Development Fund (HRADF) for the 40-year concessions to operate, manage, develop and maintain 14 regional airports in Greece. The transaction closing is expected during the autumn of 2016, at which time full payment of the EUR 1.234 billion upfront concession fee will be made by the Fraport consortium in tandem with the takeover of operations at the 14 airports. As part of the international tender process for the regional airport concessions launched in 2013, HRADF selected the Fraport consortium as preferred bidder in November 2014.
Fraport Interim Report - Nine Months 2015: Financial and Traffic Results Exceed Expectations
PR Newswire - Thu Nov 05, 12:00AM CST
In the first three quarters of the 2015 business year, Fraport AG's Group revenue grew markedly, rising by 9.4 percent to EUR 1.96 billion year-on-year (adjusted by IFRIC 12). The Group's operating result or EBITDA (earnings before interest, tax, depreciation and amortization) recorded double-digit growth of 10.8 percent to EUR 688.5 million, while the Group result also climbed significantly by 19.1 percent to EUR 261.5 million. Operating cash flow advanced to EUR 525 million, a 28.4 percent rise compared to the same period in 2014. Free cash flow posted an even higher gain of 65.1 percent to EUR 389.4 million.
Ground-breaking Ceremony Launches Construction Start of Frankfurt Airport's New Terminal 3
PR Newswire - Mon Oct 05, 7:44AM CDT
More than 400 employees of Fraport AG simultaneously performed the symbolic first cut of the spade today, marking the ground-breaking and start of construction for Frankfurt Airport's new Terminal 3. This symbolic act has set the stage for securing the future competitiveness of Frankfurt Airport and, consequently, new job opportunities in the Frankfurt/Rhine-Main region. The delegation participating in the ceremony included the State of Hesse prime minister Volker Bouffier, Frankfurt am Main's city treasurer Uwe Becker, Fraport AG's entire executive board and its supervisory board chairman Karlheinz Weimar. The 200 guests in attendance included many leading political and business representatives, such as secretary of state Mathias Samson from the Hessian economics, energy, transport and regional development ministry.
Global Airport Service Industry 2015-2020: Trends, Forecast, and Opportunity Analysis
M2 - Fri Oct 02, 3:16AM CDT
Research and Markets (http://www.researchandmarkets.com/research/ljv545/global_airport) has announced the addition of the "Global Airport Service Industry 2015-2020: Trends, Forecast, and Opportunity Analysis" report to their offering. The global airport service industry is expected to grow at a CAGR of 5.2% from 2015 to 2020. The major drivers of this industry are reviving airline and tourism sector and increasing penetration of low cost carriers in the developing countries. Expansion of domestic and regional routes in the aviation market, a strong economic growth, and rising air passenger traffic increase the demand for airport services. The European region dominates the industry with 39.8% of the global airport service industry due to an increase in the number of international tourist arrivals. This report provides an analysis of services in the global airport industry, including the market trends, growth opportunities, key drivers, and emerging trends in the industry. APAC and ROW are expected to witness an above average growth during the forecast period. Various investments in the aviation sector, such as setting up new airports, increasing the area of terminal buildings, and the development of the private jet business in countries, such as China, India, and Brazil is anticipated to boost the passenger flow, simultaneously enhancing the demand for airport services in the forthcoming period. Fraport AG Frankfurt Airport Srvc Wrldwd, Aeroports de Paris SA, BBA Aviation plc, Sats Ltd, and Japan Airport Terminal Co., Ltd. are some of the major players of the airport services. The study also includes the forecast for the global and regional airport service industry through 2020, segment breakdown by region and service type as follows: By service: - Hospitality Event Service - Cargo Handling Service - Aircraft Handling and Related Service - Other Key Topics Covered: 1. Executive Summary 2. Airport Service Industry Background and Classifications 3. Industry Trend and Forecast Analysis 4. Competitor's Analysis 5. Growth Opportunity & Strategic Analysis 6. Company Profiles of Leading Players For more information visit http://www.researchandmarkets.com/research/lj...al_airport
Growth Opportunities in Global Hospitality Event Service Industry 2015-2020: Trends, Forecasts and Market Analysis
M2 - Fri Oct 02, 2:48AM CDT
Research and Markets (http://www.researchandmarkets.com/research/z2m53m/growth) has announced the addition of the "Growth Opportunities in Global Hospitality Event Service Industry 2015-2020: Trends, Forecasts and Market Analysis" report to their offering. The global hospitality event service industry is forecast to grow at a CAGR of 5.4% from 2015 to 2020. The major drivers of growth for this market are improvement in the global economy, rise in the consumer spending, increase in travel and tourism, and growth in the air passenger traffic. Adoption of open skies policy, increasing penetration of low cost carriers, and rising number of international tourist arrivals are additional factors contributing to accelerated growth. In this market, retail and duty-free shops, baggage handling services, and passenger parking fields are some of the major segments of the hospitality event services. Retail and duty-free shops is the largest segment by tier-II level and is expected to remain the same during the forecast period. The author predicts that the demand for baggage handling services is likely to experience the highest growth in the forecast period supported by increasing expansion strategies by industry players in the Middle East and China. On the basis of its comprehensive research, the author forecasts that catering services and retail and duty-free shops segments are expected to show above average growth during the forecast period. Within the hospitality event service industry, the retail and duty-free shops segment is expected to remain as the largest market. Increase in the passenger spending rate along with new initiatives taken by the service providers, like development of online retail channel is expected to spur growth for this segment over the forecast period. Aeroports de Paris SA, Alpha Flight Group Limited, Fraport AG Frankfurt Airport Srvc Wrldwd, Japan Airport Terminal Co. Ltd., and SATS Ltd. are the major service providers in the hospitality event service industry. Key Topics Covered: 1. Executive Summary 2. Hospitality Event Service Industry Background and Classifications 3. Industry Trend and Forecast Analysis 4. Competitor's Analysis 5. Growth Opportunity & Strategic Analysis 6. Company Profiles of Leading Players For more information visit http://www.researchandmarkets.com/research/z2m53m/growth
Growth Opportunities in Global Aircraft Handling Service Industry 2015-2020: Trends, Forecast, and Market Analysis
M2 - Mon Sep 28, 5:43AM CDT
Research and Markets (http://www.researchandmarkets.com/research/bn9rsw/growth) has announced the addition of the "Growth Opportunities in Global Aircraft Handling Service Industry 2015-2020: Trends, Forecast, and Market Analysis" report to their offering. The global aircraft handling service industry is forecast to grow at a CAGR of 4.6% from 2015 to 2020. According to this new market report the future of the global aircraft handling service industry looks strong with opportunities in the operation of fueling segment, runway maintenance segment, and ramp service segment. The major drivers of growth for this market are construction of new airports, increasing aircraft movements, and technological advancements. Growing liberalization, increasing participation of private players, and rising air passenger traffic are additional factors contributing to accelerated growth. In this market, ramp services, runway maintenance, operation of fueling, and aircraft de-icing are some of the major segments of aircraft handling services. The ramp service segment is the largest segment by service type and is expected to remain the same during the forecast period. The author predicts that the demand for the operation of fueling segment is likely to experience the highest growth in the forecast period, supported by increasing investments in the infrastructural development of fueling facility by industry players. On the basis of its comprehensive research, the author forecasts that the ramp service and runway maintenance segments are expected to show above average growth during the forecast period. Within the aircraft handling service industry, the ramp service segment is expected to remain as the largest market. Increasing frequency of landing and taking-off of aircraft and rising number of airplane deliveries are expected to spur growth for this segment over the forecast period. Europe is expected to remain the largest market due to the adoption of open skies policy and increasing aircraft movements. Asia Pacific and Rest of the World are expected to witness significant growth over the forecast period because of ongoing expansion in the trade and tourism industry, setting up of new airports, and increasing passenger traffic. For market expansion, the report suggests innovation and new service development, where the unique characteristics of aircraft handling services can be capitalized. The report further suggests the development of partnerships with customers to create win-win situations and the development of low-cost services for its customers. Emerging trends, which have a direct impact on the dynamics of the industry, include introduction of de-icing management systems to improve the de-icing process, emergence of integrated fueling systems, and ground accident avoidance systems revolutionizing ramp and hangar safety services in emerging markets. BBA Aviation plc, Menzies Aviation, Fraport AG Frankfurt Airport Srvc Wrldwd, Japan Airport Terminal Co. Ltd., and SATS Ltd. are the major service providers in the aircraft handling service industry. Some companies are opting for joint venture and M&A as strategic initiatives for driving growth. Key Topics Covered: 1. Executive Summary 2. Aircraft Handling Service Industry Background and Classifications 3. Industry Trend and Forecast Analysis 4. Competitor's Analysis 5. Growth Opportunity & Strategic Analysis 6. Company Profiles of Leading Players - BBA Aviation plc - Menzies Aviation - Fraport AG, Frankfurt Airport Srvc Wrldwd - Japan Airport Terminal Co. Ltd., - SATS Ltd. For more information visit http://www.researchandmarkets.com/research/bn9rsw/growth
Supreme Court of the Philippines Rules that PIATCO is Entitled to Compensation for Manila Terminal Project
PR Newswire Europe - Wed Sep 09, 11:26AM CDT
FRANKFURT, Germany, September 9, 2015 /PRNewswire/ --
WFS Acquires 51% Stake in Fraport Cargo Services
PR Newswire Europe - Wed Jul 08, 4:01AM CDT
PARIS, July 8, 2015 /PRNewswire/ --
Fraport Monitor, sponsored by UNITE HERE, announces launch of website and reports
BusinessWire - 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 to Sell Partial Stake in Thalita Trading Ltd. to Qatar Investment Authority
PR Newswire - Sun Jul 31, 7:41AM CDT
FRA/rap - Today, Fraport AG Frankfurt Airport Services Worldwide (Fraport AG) and its consortium partners at Pulkovo Airport reached an agreement to sell part of their shares in Thalita Trading Ltd. (Thalita) to Qatar Investment Authority (QIA). Thalita is the parent company of Northern Capital Gateway LLC consortium, which has the 30-year concession for operating Pulkovo Airport (LED) in St. Petersburg, Russia. Fraport will be reducing its stake in Thalita by 10.5 percent from 35.5 percent to 25 percent. Based on the current book value, Fraport expects profit from the transaction to range between 30 and 40 million euros - which in its total sum will impact the Group EBITDA, EBIT and EBT for the 2016 business year and will positively influence the Group result. The transaction closing is expected to be completed in the second half of 2016.
Fraport Annual General Meeting 2016: Good Figures for Fiscal Year 2015
PR Newswire - Fri May 20, 3:53AM CDT
Basis: Good Traffic Growth in Frankfurt - Positive Contribution from External Business with Improved Financial Results - Challenging Conditions for the Current Year
Fraport-Copelouzos Consortium Signs Contracts for Managing 14 Greek Airports
PR Newswire - Mon Dec 14, 5:00AM CST
Fraport AG Frankfurt Airport Services Worldwide and its Greek partner Copelouzos Group today signed contracts with the Hellenic Republic Asset Development Fund (HRADF) for the 40-year concessions to operate, manage, develop and maintain 14 regional airports in Greece. The transaction closing is expected during the autumn of 2016, at which time full payment of the EUR 1.234 billion upfront concession fee will be made by the Fraport consortium in tandem with the takeover of operations at the 14 airports. As part of the international tender process for the regional airport concessions launched in 2013, HRADF selected the Fraport consortium as preferred bidder in November 2014.
Fraport Interim Report - Nine Months 2015: Financial and Traffic Results Exceed Expectations
PR Newswire - Thu Nov 05, 12:00AM CST
In the first three quarters of the 2015 business year, Fraport AG's Group revenue grew markedly, rising by 9.4 percent to EUR 1.96 billion year-on-year (adjusted by IFRIC 12). The Group's operating result or EBITDA (earnings before interest, tax, depreciation and amortization) recorded double-digit growth of 10.8 percent to EUR 688.5 million, while the Group result also climbed significantly by 19.1 percent to EUR 261.5 million. Operating cash flow advanced to EUR 525 million, a 28.4 percent rise compared to the same period in 2014. Free cash flow posted an even higher gain of 65.1 percent to EUR 389.4 million.
Ground-breaking Ceremony Launches Construction Start of Frankfurt Airport's New Terminal 3
PR Newswire - Mon Oct 05, 7:44AM CDT
More than 400 employees of Fraport AG simultaneously performed the symbolic first cut of the spade today, marking the ground-breaking and start of construction for Frankfurt Airport's new Terminal 3. This symbolic act has set the stage for securing the future competitiveness of Frankfurt Airport and, consequently, new job opportunities in the Frankfurt/Rhine-Main region. The delegation participating in the ceremony included the State of Hesse prime minister Volker Bouffier, Frankfurt am Main's city treasurer Uwe Becker, Fraport AG's entire executive board and its supervisory board chairman Karlheinz Weimar. The 200 guests in attendance included many leading political and business representatives, such as secretary of state Mathias Samson from the Hessian economics, energy, transport and regional development ministry.
Global Airport Service Industry 2015-2020: Trends, Forecast, and Opportunity Analysis
M2 - Fri Oct 02, 3:16AM CDT
Research and Markets (http://www.researchandmarkets.com/research/ljv545/global_airport) has announced the addition of the "Global Airport Service Industry 2015-2020: Trends, Forecast, and Opportunity Analysis" report to their offering. The global airport service industry is expected to grow at a CAGR of 5.2% from 2015 to 2020. The major drivers of this industry are reviving airline and tourism sector and increasing penetration of low cost carriers in the developing countries. Expansion of domestic and regional routes in the aviation market, a strong economic growth, and rising air passenger traffic increase the demand for airport services. The European region dominates the industry with 39.8% of the global airport service industry due to an increase in the number of international tourist arrivals. This report provides an analysis of services in the global airport industry, including the market trends, growth opportunities, key drivers, and emerging trends in the industry. APAC and ROW are expected to witness an above average growth during the forecast period. Various investments in the aviation sector, such as setting up new airports, increasing the area of terminal buildings, and the development of the private jet business in countries, such as China, India, and Brazil is anticipated to boost the passenger flow, simultaneously enhancing the demand for airport services in the forthcoming period. Fraport AG Frankfurt Airport Srvc Wrldwd, Aeroports de Paris SA, BBA Aviation plc, Sats Ltd, and Japan Airport Terminal Co., Ltd. are some of the major players of the airport services. The study also includes the forecast for the global and regional airport service industry through 2020, segment breakdown by region and service type as follows: By service: - Hospitality Event Service - Cargo Handling Service - Aircraft Handling and Related Service - Other Key Topics Covered: 1. Executive Summary 2. Airport Service Industry Background and Classifications 3. Industry Trend and Forecast Analysis 4. Competitor's Analysis 5. Growth Opportunity & Strategic Analysis 6. Company Profiles of Leading Players For more information visit http://www.researchandmarkets.com/research/lj...al_airport
Growth Opportunities in Global Hospitality Event Service Industry 2015-2020: Trends, Forecasts and Market Analysis
M2 - Fri Oct 02, 2:48AM CDT
Research and Markets (http://www.researchandmarkets.com/research/z2m53m/growth) has announced the addition of the "Growth Opportunities in Global Hospitality Event Service Industry 2015-2020: Trends, Forecasts and Market Analysis" report to their offering. The global hospitality event service industry is forecast to grow at a CAGR of 5.4% from 2015 to 2020. The major drivers of growth for this market are improvement in the global economy, rise in the consumer spending, increase in travel and tourism, and growth in the air passenger traffic. Adoption of open skies policy, increasing penetration of low cost carriers, and rising number of international tourist arrivals are additional factors contributing to accelerated growth. In this market, retail and duty-free shops, baggage handling services, and passenger parking fields are some of the major segments of the hospitality event services. Retail and duty-free shops is the largest segment by tier-II level and is expected to remain the same during the forecast period. The author predicts that the demand for baggage handling services is likely to experience the highest growth in the forecast period supported by increasing expansion strategies by industry players in the Middle East and China. On the basis of its comprehensive research, the author forecasts that catering services and retail and duty-free shops segments are expected to show above average growth during the forecast period. Within the hospitality event service industry, the retail and duty-free shops segment is expected to remain as the largest market. Increase in the passenger spending rate along with new initiatives taken by the service providers, like development of online retail channel is expected to spur growth for this segment over the forecast period. Aeroports de Paris SA, Alpha Flight Group Limited, Fraport AG Frankfurt Airport Srvc Wrldwd, Japan Airport Terminal Co. Ltd., and SATS Ltd. are the major service providers in the hospitality event service industry. Key Topics Covered: 1. Executive Summary 2. Hospitality Event Service Industry Background and Classifications 3. Industry Trend and Forecast Analysis 4. Competitor's Analysis 5. Growth Opportunity & Strategic Analysis 6. Company Profiles of Leading Players For more information visit http://www.researchandmarkets.com/research/z2m53m/growth
Growth Opportunities in Global Aircraft Handling Service Industry 2015-2020: Trends, Forecast, and Market Analysis
M2 - Mon Sep 28, 5:43AM CDT
Research and Markets (http://www.researchandmarkets.com/research/bn9rsw/growth) has announced the addition of the "Growth Opportunities in Global Aircraft Handling Service Industry 2015-2020: Trends, Forecast, and Market Analysis" report to their offering. The global aircraft handling service industry is forecast to grow at a CAGR of 4.6% from 2015 to 2020. According to this new market report the future of the global aircraft handling service industry looks strong with opportunities in the operation of fueling segment, runway maintenance segment, and ramp service segment. The major drivers of growth for this market are construction of new airports, increasing aircraft movements, and technological advancements. Growing liberalization, increasing participation of private players, and rising air passenger traffic are additional factors contributing to accelerated growth. In this market, ramp services, runway maintenance, operation of fueling, and aircraft de-icing are some of the major segments of aircraft handling services. The ramp service segment is the largest segment by service type and is expected to remain the same during the forecast period. The author predicts that the demand for the operation of fueling segment is likely to experience the highest growth in the forecast period, supported by increasing investments in the infrastructural development of fueling facility by industry players. On the basis of its comprehensive research, the author forecasts that the ramp service and runway maintenance segments are expected to show above average growth during the forecast period. Within the aircraft handling service industry, the ramp service segment is expected to remain as the largest market. Increasing frequency of landing and taking-off of aircraft and rising number of airplane deliveries are expected to spur growth for this segment over the forecast period. Europe is expected to remain the largest market due to the adoption of open skies policy and increasing aircraft movements. Asia Pacific and Rest of the World are expected to witness significant growth over the forecast period because of ongoing expansion in the trade and tourism industry, setting up of new airports, and increasing passenger traffic. For market expansion, the report suggests innovation and new service development, where the unique characteristics of aircraft handling services can be capitalized. The report further suggests the development of partnerships with customers to create win-win situations and the development of low-cost services for its customers. Emerging trends, which have a direct impact on the dynamics of the industry, include introduction of de-icing management systems to improve the de-icing process, emergence of integrated fueling systems, and ground accident avoidance systems revolutionizing ramp and hangar safety services in emerging markets. BBA Aviation plc, Menzies Aviation, Fraport AG Frankfurt Airport Srvc Wrldwd, Japan Airport Terminal Co. Ltd., and SATS Ltd. are the major service providers in the aircraft handling service industry. Some companies are opting for joint venture and M&A as strategic initiatives for driving growth. Key Topics Covered: 1. Executive Summary 2. Aircraft Handling Service Industry Background and Classifications 3. Industry Trend and Forecast Analysis 4. Competitor's Analysis 5. Growth Opportunity & Strategic Analysis 6. Company Profiles of Leading Players - BBA Aviation plc - Menzies Aviation - Fraport AG, Frankfurt Airport Srvc Wrldwd - Japan Airport Terminal Co. Ltd., - SATS Ltd. For more information visit http://www.researchandmarkets.com/research/bn9rsw/growth
Supreme Court of the Philippines Rules that PIATCO is Entitled to Compensation for Manila Terminal Project
PR Newswire Europe - Wed Sep 09, 11:26AM CDT
FRANKFURT, Germany, September 9, 2015 /PRNewswire/ --
WFS Acquires 51% Stake in Fraport Cargo Services
PR Newswire Europe - Wed Jul 08, 4:01AM CDT
PARIS, July 8, 2015 /PRNewswire/ --
Fraport Monitor, sponsored by UNITE HERE, announces launch of website and reports
BusinessWire - 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.
