Tag: Fraport

Fraport Tests Autonomous Baggage and Cargo Tractor

Fraport AG Ground Services are currently trialing an autonomous baggage and cargo tractor. The electric vehicle will operate on an eight-kilometer-long test route within Frankfurt Airport’s secure area. The aim of the trial, which will take several weeks, is to determine whether and under what...

Fraport to Deploy FlightAware Predictive Technology at Frankfurt Airport

German transport company Fraport AG has announced that its Frankfurt Airport operation will begin using real-time predictive runway arrival times via technology provided by aviation software company FlightAware. The so called ‘ELDTs’ (Estimated Landing Times) are delivered as an additional d...

Fraport Greece unveils new Mykonos airport design

Fraport Regional Airports of Greece Management Company revealed the design of the new Mykonos airport during an event that took place on the Greek island. The €25 million investment in set to be completed in 2021, with a design inspired by Aegean pigeon houses, a traditional example of local a...

Fraport raises stake in Lima Airport to 80 per cent

Fraport AG has purchased a further 10 per cent stake in Lima Airport Partners S.R.L. (LAP) – operator consortium of Jorge Chavez International Airport Lima – from AC Capitales’ Infrastructure Fund, which held the stake for over 10 years. The acquisition raises Fraport’s majority ownershi...

Report finds aircraft tugs market sales to grow strongly

The aircraft tugs market continues on an impressive trajectory, with global sales estimated to increase by nearly 400 units in 2018 over 2017, according to a recently published study. A combination of several factors, ranging from rising procurement costs to concerns regarding ground support ineffi...

Fraport extends CEO Stefan Schulte’s contract for five more years

Fraport AG’s supervisory board has approved the early contract extension for the company’s executive board chairman - chief executive officer (CEO) Stefan Schulte. Effective 1 September, 2019, his contract will be extended for an additional five years until 31 August, 2024. Fraport is the opera...

Nashville Airport awards Fraport USA concessions contract

Fraport USA, a leading developer of award-winning airport retail programs, has been selected by Metropolitan Nashville Airport Authority to manage and develop the concessions program for Nashville International Airport (BNA). Over the term of the contract, Fraport will enhance the shopping and di...

Fraport sells off 30% stake in Hannover Airport

Source: Visit Hannover. Fraport is due to sell off its minority stake in Hannover Airport in the next two months. The airport operator will sell off its 30% stake to iCON, an infrastructure company, for just over €109m. Fraport initially acquired a 20% stake in the German airport in 1998 fo...

.