Fraport AG Reports Traffic Results for the First Quarter of 2021
Fraport AG reported traffic results for the first quarter of 2021. For the quarter, the Group's Frankfurt Airport home base saw passenger traffic drop by 77.6% year-on-year to just under 2.5 million travelers. Compared to the first quarter of the 2019 pre-pandemic year, this represents an even stronger decline of 83.2%. In contrast, FRA's cargo throughput in the first quarter grew by 21.6% year-on-year to 565,497 metric tons (up 7.3% compared to first quarter of 2019). At Fraport's Group airports worldwide, traffic also dropped overall in the first quarter, with year-on-year declines ranging from about 50% to 90% at some airports. Supported by strong domestic traffic, only two gateways performed better: St. Petersburg'sPulkovo Airport in Russia (down 18.3%) and Xi'an Airport in China (up 40.7%).