Fraport AG Successfully Places Promissory Note

Headquartered in Frankfurt, Germany, Fraport AG (Frankfurt Stock Exchange, MDAX) is one of the leading players in the global airport business. Fraport’s portfolio of companies spans four continents with activities at 31 airports worldwide. More than 182 million passengers in 2019 used airports in which Fraport has at least a 50 percent stake. Impacted by the Covid-19 pandemic, Fraport’s majority-owned Group airports welcomed only 52 million passengers in 2020. In fiscal year 2019 (Dec. 31), Fraport AG generated revenue of €3.7 billion and profit of some €454 million. Revenue reached €1.7 billion, while profit decreased to minus €690.4 million in fiscal 2020.

Fraport’s home-base Frankfurt Airport (FRA) is strategically located in the heart of Europe at the junction of vital intermodal road, rail and air networks. The surrounding Frankfurt Rhine-Main-Neckar region serves as an economic powerhouse and logistics hub for Europe and the world. In 2019, FRA welcomed more than 70.5 million passengers and handled 2.1 million metric tons of cargo. Only 18.8 million passengers traveled through FRA in 2020, due to the Covid-19 pandemic. Cargo volumes still reached nearly 2.0 million metric tons in 2020. In Europe, Frankfurt Airport ranks first in terms of cargo tonnage.