Fraport

#2519

Rank

$4.96B

MarketCap DE

DE Germany

Country

Summary
Fraport AG owns and operates airports in Germany, rest of Europe, Asia, and the United States. The company primarily focuses on the operation of Frankfurt Main airport. The company operates through four segments: Aviation, Retail & Real Estate, Ground Handling, and International Activities & Services. The Aviation segment operates landside and airside infrastructure, which covers the area of airport charges. The Retail & Real Estate segment engages in retail activities, including marketing of real estate properties and land. This segment also manages buildings and facilities, and parking and retail areas; and rents advertising space. The Ground Handling segment provides loading, baggage, and passenger services through airmail and luggage transport to freight handling. The International Activities & Services segment acquires, operates, maintains, develops, and expands airports and infrastructure facilities. This segment also offers consulting services; integrated facility and corporate infrastructure management, airport expansion south, and information and telecommunication services. The company was founded in 1924 and is headquartered in Frankfurt am Main, Germany.

History

Fraport was founded in 2001 as the central hub for managing and coordinating the operations and processes of the three Frankfurt-based airports, from which the company derives its name. As one of Europe’s leading aviation infrastructure providers, Fraport offers a wide variety of services and products for both national and international customers.


Mission
Fraport’s mission is to promote and provide world-class passenger services, aviation infrastructure, convenience and cost efficiency.

Vision
Fraport’s vision is to become a global leader in Airport Services and Infrastructure, making airports simpler and more efficient for passengers, airlines, and their supply chain.

Key Team

Dr. Pierre Dominique Prumm (Exec. Director of Aviation & Infrastructure and Member of Exec. Board)

Ms. Julia Kranenberg (Exec. Director of Labor Relations & Member of Exec. Board)

Dr. Ulrich Kipper (Sr. EVP & Head of Corp. Infrastructure Mgmt. & Employee Rep. Member of the Supervisory Board)

Mr. Karl-Heinz Dietrich (Exec. VP of Retail & Properties)

Mr. Alexander Zinell (Head of Global Investments & Management)

Mr. Christoph Hans Nanke (Sr. VP, Head of Fin. & IR)

Mr. Jürgen Harrer (Head of Corp. Communications)


Recognition and Awards
Fraport has been an internationally recognised leader in airport operations and has been awarded several accolades, such as the Skytrax World Airport Awards in 2018 and 2019, and the World Airport Awards in 2019 and 2020.

References
Fraport
Leadership team

Dr. Stefan Schulte (Chairman of the Exec. Board & CEO)

Dr. Matthias Zieschang (Exec. Director of Fin. & Controlling, CFO and Member of the Exec. Board)

Ms. Anke Giesen (Exec. Director of Retail & Real Estate and Member of the Exec. Board)

Products/ Services
Air Transportation, Infrastructure, Travel
Number of Employees
1,000 - 20,000
Headquarters
Frankfurt, Hessen, Germany
Established
1924
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
FRA.DE
Social Media
Sun Mar 03 2024
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