Ryanair's airport services contract with Schiphol Airport (AMS) was officially inked on the 1st of January, 2012, according to the Commission's records.
Fraport's First Quarter Results: A Mixed Bag Amidst Recovery
In the aviation industry, enthusiasm remains high for many, and Dominik Lelle, a member of the online editorial team at AERO INTERNATIONAL since 2023, is no exception. Every time he boards a plane, he feels the same excitement as the first time.
This passion for aviation is evident in Lelle's work, where he strives to make the world of aviation tangible and exciting for readers. Outside of the editorial office, Lelle is a passionate traveler, always looking forward to discovering new horizons.
Fraport, the company behind Frankfurt Airport, also reported its first quarter results for 2025. The consolidated revenue slightly decreased by 2.4 percent to 868.5 million euros, primarily due to one-time effects in the previous year, such as COVID-19 compensations, an additional leap day, and early Easter travel.
At its home base in Frankfurt, Fraport recorded around 12.4 million passengers, a slight decrease of 0.9 percent compared to the previous year. The decline in revenue was partially offset by an adjusted revenue increase of 6.3 percent to 811.3 million euros.
Despite a slightly decreased operating result, Fraport's management expects the rest of the year to be stronger. The decrease in Fraport's consolidated result, which stood at minus 26.4 million euros, a significant decrease from the previous year's plus of 12.7 million euros, is mainly due to the absence of one-time effects and increased personnel costs, which rose by 44.6 million euros.
The increased personnel costs are a result of wage increases and staff expansion at Frankfurt Airport. Fraport's management remains optimistic about the rest of the year, thanks in part to new growth impulses from its international business.
Internationally, airports in Greece, Lima, and Antalya saw increases in passenger traffic. These international locations are increasingly becoming growth drivers for the Fraport Group. The company expects a moderate increase in EBITDA for the full year.
However, it's worth noting that the countries that have become the most important growth drivers for Fraport, increasingly so in 2025, are not explicitly listed in the available search results. This specific information is not found in the provided data.
In conclusion, while Fraport's first quarter results show a slight decrease in revenue and a significant decrease in consolidated result, the company remains optimistic about the rest of the year, thanks to new growth impulses from its international business.
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