Fraport AG

Fraport Traffic Figures - May 2016: Traffic Slows Amid Restrained Tourist Bookings

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Frankfurt (ots) - FRA Affected by Numerous Weather-Related Flight Cancellations - Fraport's International Portfolio Continues to Report Mixed Results

With 5.3 million passengers served in May 2016, Frankfurt Airport (FRA) saw passenger figures decline by 5.5 percent compared to the strong equivalent month of the previous year. This slowdown primarily reflects an ongoing restraint in holiday travel, particularly to destinations in Turkey and along the Mediterranean coast of northern Africa. As Germany's largest intercontinental hub, Frankfurt Airport has also been particularly affected by the noticeable drop in tourist traffic from the Far East - especially Japan - following the recent terrorist attacks in Europe. In addition, the numerous public holidays in Germany led to a thinning out of the May flight schedule at Frankfurt. Furthermore, the number of weather-related flight cancellations at FRA was relatively high for a May month - affecting about 15,000 passengers alone during May 2016.

With 41,181 takeoffs and landings, FRA also registered a 3.5 percent dip in aircraft movements. Cargo (airfreight + airmail) throughput also softened slightly to 177,536 metric tons, down by 1.3 percent year-on-year. In line with the trend, accumulated maximum takeoff weights (MTOWs) fell by 1.5 percent to 2.6 million metric tons