Fraport

Fraport AG Frankfurt Airport Services Worldwide[1]
Company typeAktiengesellschaft
FWBFRA
MDAX component
ISINDE0005773303
IndustryTransportation
Founded1924 (as Südwestdeutsche Luftverkehrs AG)[2]
HeadquartersFrankfurt Airport
Frankfurt am Main, Hesse, Germany
Key people
Stefan Schulte (CEO and chairman of the executive board), Michael Boddenberg (Chairman of the supervisory board)
ServicesAirport operation
RevenueIncrease €3.260 billion (2019)[3]
Decrease €705 million (2019)[3]
Decrease €421 million (2019)[3]
Total assetsIncrease €12.627 billion (end 2019)[3]
Total equityIncrease €4.623 billion (end 2019)[3]
Number of employees
22,514 (2019)[3]
Websitewww.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 [de]. 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.

  1. ^ a b "Articles of Association of Fraport AG Frankfurt Airport Services Worldwide Archived 2011-10-01 at the Wayback Machine." Fraport. Retrieved on May 28, 2011. "I. General Provisions § 1 Company name, registered office and financial year (1) The name of the company is Fraport AG Frankfurt Airport Services Worldwide. (2) The registered office of the company is Frankfurt am Main."
  2. ^ "History". Fraport. Archived from the original on 2017-04-17. Retrieved 2015-11-26.
  3. ^ a b c d e f g "Annual Report 2019" (PDF). Fraport.[permanent dead link]