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22
Jul
2009
FRAPORT continues its success E-mail
News - Xi'an News
Written by ND
Xi'an is now the world fastest growing airport - More cooperations in the making.

The Xi'an Xianyang Airport of which the german FRAPORT AG owns 24,5% is the world's fastest growing international airport. Dr. Wilhelm Bender the chairman of FRAPORT expressed during his recent China visit, great satisfaction with the development of the joint venture.

The Xi'an airport had more than 7,1 millions passengers in the first half of 2009. A growth of 30% compared to 2008.

"Herewith, Xi'an lays clearly over the growth rate of all current airports in China. We are very satisfied that our strategic operations have developed so excellent" said Bender.

In times of dramatically decreasing traffic in many regions of the world, Xi'an shows that FRAPORT's strategy of being present at the right time, in the only growing aviation market - China - is right. Bender also expressed great satisfaction with the work of the first sino-western management team in China`s aviation industry: FRAPORT and the largest share holder of the joint venture, the China West Airport Group.

During his visit in China, Bender also signed a co-operation agreement with the airport in Dalian, in north east China.

More information about FRAPORT

Fraport AG (FWB: FRAG) is the German transport company which operates the Frankfurt International Airport serving Frankfurt am Main and the smaller Frankfurt-Hahn Airport located 130 kilometers west of the city. It is also involved in several other airports outside of Germany. It is listed on both the Xetra and the Frankfurt Stock Exchange. The company's current chief executive officer is Wilhelm Bender. As of 2004, the company has approximately 24,000 employees - about 15,000 of them in Frankfurt and an annual revenue of about 2 billion euros. Fraport has been the main sponsor of the Bundesliga football team Eintracht Frankfurt since the 2002/2003 season.

Fraport AG is also involved in ground handling operations at its own operated airports and third party operated airports too (such as Vienna). It mostly operates ground handling services in a deregulated context. Lufthansa that is handled by Fraport AG in Frankfurt on the ramp. Fraport worked to make the Frankfurt airport ready for the A380. (More on Wikipedia)

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