Fraport cargo volumes went down seriously due to the strike of the Lufthansa’s flight attendant strike in November. According to the airport authorities the cargo throughput fell down with 3.6% to 195.000 tons.
3.400 flights had to be cancelled thanks to the strike resulting in a drop of 10.2% aircraft takeoffs and landings. In northern Germany at Hanover Airport, traffic volumes declined with 5%. In 2014, Fraport AG, among the world’s leading airport operators, posted profits of EUR252 million drawn on euro 2.4 billion in revenues
Half of Germany’s population lives within a 200-kilometre radius of the Frankfurt intermodal travel hub which is considered to be the largest airport catchment area in Europe. Fraport, located in the heart of Europe, is one of the most important hubs in the global logistics chain supply.