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Volume growth slows at Fraport’s airports in October

Cargo Hub In Frankfurt


Frankfurt Airport is home to around 250 airlines, freight forwarders, cargo handlers and other logistics service provider. It is a  major hub for international transport of mail and parcels, equipped with state-of-the-art infrastructure and technology. Besides being a major hub for international cargo shipments, Frankfurt Airport has also developed into a center for courier services. The three largest international express delivery companies located at Frankfurt Airport are: DHL, FedEx, TNT.


Frankfurt- GermanyThe steady growth story at Fraport Group’s airports appears to be winding down at last, as cargo volumes at Frankfurt International Airport (FRA) rose by only 0.7 percent, year-over-year, in October to 192,263 tonnes.

The slowdown in growth is hardly caused by alarm, however, as October’s total cargo volumes at FRA rank as the second-highest month all year for the airport, after the strong numbers from March 2017. Instead, October faced the toughest y-o-y comparison at the airport after the industry began its turnaround in September and started posting regular growth numbers in excess of 5 percent.

Fraport also announced new freighter service at FRA with the addition of Royal Air Maroc’s twice-weekly 737 freighter service from Frankfurt to Casablanca. Beginning in the first quarter of 2018, Royal Air Maroc will increase capacity on the route by instead operating a 767 freighter, and plans to add two additional freighters at FRA over the next couple of years.

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Two of Fraport’s other fully consolidated airports did experience strong y-o-y growth, but for much smaller volumes. Cargo volumes at the Ljubljana airport in Slovenia increased 55.6 percent, y-o-y, to 1,449 tonnes, and volumes at Bulgaria’s Varna airports – one of Fraport’s Twin Star airports, alongside Burgas Airport, also in Bulgaria – increased by 85.1 percent to 20 tonnes for the month. Burgas Airport cargo volumes rose 11.3 percent, y-o-y, to 1,414 tonnes, while Lima Airport, in Peru, reported a 0.8 percent increase to 29,515 tonnes.

At Fraport’s equity-consolidated airports, Hanover Airport, in Germany, reported a 20.7 percent decrease in cargo volumes to 1,075 tonnes, and cargo volumes at China’s Xi’an Airport rose by 5.8 percent to 21,728 tonnes, compared to the previous October.

With report from  Air Cargo world


 

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