Fraport : Feedback from call with the CFO: a still cautious message on the recovery
>Fraport remains more cautious than peers on the resumption of air traffic - At the conference call that we set up with Fraport’s CFO, Dr. Matthias Zieschang confirmed his caution on the resumption in traffic in 2021. Thanks to its strong exposure to tourism and the VFR segment, international (Greece, Brazil, Bulgaria, etc.) traffic should stand at 60-70% of the 2019 total. Conversely, penalised by the weight of business traffic (which represents close to one-third of...Fraport AG Frankfurt Airport Services Worldwide is an airport operator. Co. is divided into four segments: aviation, which includes airside and terminal management as well as corporate safety and security at the Frankfurt site; retail and real estate, which consists of retailing activities, parking facility and real estate management at Frankfurt Airport; ground handling, which comprises services dealing with passengers, aircraft and cargo; and external activities and services, which comprises Co.'s companies outside the Frankfurt site and auxiliary services in Frankfurt, including information technology and facility management in particular.
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