Frankfurt Airport pax to gain just 1-2% in 2010, Fraport dips following 2Q2010 results
In Europe, shares in Germany’s Fraport dipped 0.8% yesterday, as the airport operator stated it expects passenger traffic at Frankfurt Airport to increase by 1-2% for FY2010, depite the negative affect of the volcanic ash shutdowns. Fraport Group EBITDA is projected to be at approximately EUR635 million for the year.
