Company type | Aktiengesellschaft |
---|---|
FWB: FRA MDAX component | |
ISIN | DE0005773303 |
Industry | Transportation |
Founded | 1924 (as Südwestdeutsche Luftverkehrs AG)[2] |
Headquarters | Frankfurt Airport Frankfurt am Main, Hesse, Germany |
Key people | Stefan Schulte (CEO and chairman of the executive board), Michael Boddenberg (Chairman of the supervisory board) |
Services | Airport operation |
Revenue | €3.260 billion (2019)[3] |
€705 million (2019)[3] | |
€421 million (2019)[3] | |
Total assets | €12.627 billion (end 2019)[3] |
Total equity | €4.623 billion (end 2019)[3] |
Number of employees | 22,514 (2019)[3] |
Website | www.fraport.com |
Fraport AG Frankfurt Airport Services Worldwide,[1] commonly known as Fraport, is a German transport company which operates Frankfurt Airport in Frankfurt am Main and holds interests in the operation of several other airports around the world. In the past the firm also managed the smaller Frankfurt-Hahn Airport located 130 kilometers west of the city. It is listed on the Frankfurt Stock Exchange and also through the exchange's Xetra trading system. The company's shares are included in the MDAX. The company's current chief executive officer is Stefan Schulte . As of 2019, the company has 22,514 employees and annual revenues of about €3.3 billion.[3] Fraport was the main sponsor of the Bundesliga football team Eintracht Frankfurt from 2002 to 2012.
Fraport AG is also involved in ground handling operations at its own operated airports and at third-party operated airports. It mostly operates ground handling services in a deregulated context. Fraport was also involved to make Frankfurt Airport and Indira Gandhi International Airport ready for A380 operations.