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Fraport AG (FRA.DE)

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  • Reuters

    UPDATE 2-Overseas airports lift Fraport earnings above forecasts

    Germany's Fraport beat first-quarter earnings forecasts on Tuesday, with its international business offsetting the impact of strike disruptions at its Frankfurt Airport hub. Fraport, which manages or operates 29 airports, including Delhi and New York, around the world said in a statement that strikes and weather-related cancellations had affected around 600,000 passengers in Frankfurt during the first quarter. "Positive standouts were Antalya Airport on the Turkish Riviera, the 14 Greek airports, and Lima Airport in Peru," said Fraport as it also confirmed its full-year outlook.