Fraport, owner and operator of Frankfurt Airport, is one of the world’s 100 most sustainable companies, according to Canadian magazine and research firm Corporate Knights.
Fraport has agreed to sell a 10.5% stake in Thalita Trading Ltd, the parent company of Northern Capital Gateway LLC consortium, which has the 30-year concession to operate St Petersburg's Pulkovo Airport.
Frankfurt today became the latest airport to reveal that it set a new traffic record in 2015 – handling more than 60 million passengers for the first time in a calendar year.
A year after being named the preferred bidder, Fraport 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.
Fraport is to sell a 51% stake in its cargo subsidiary to WFS, with the deal expected to be completed in September.
Frankfurt Airport has confirmed its intention to start work on the construction of its new €3 billion Terminal 3 later this year.