Aid provided in the guise of public service remuneration was acknowledged by the Commission.
Let's dive into the latest updates from Fraport, the fine folks running Frankfurt Airport. It turns out that they took a bit of a financial hit in the first half of 2021, reporting a net loss of 53.1 million euros compared to 15.4 million last year. You might be wondering what caused this swing? Well, it comes down to a whopping 160 million euros in depreciation from the investment in St. Petersburg airport. No need to fret though, the board stays pumped about 2022!
In June, they hit a major milestone, as passenger numbers at Frankfurt reached a pandemic-era high of around five million. So, they've now got their sights set on a total of 45 to 50 million passengers in 2022. That's a significant increase from their previous forecast of 39 to 46 million. The good vibes ain't just at Frankfurt either. Airports in Greece, Lima, and Zurich are also seeing positive trends.
Fun fact, the currently projected passenger forecast for Frankfurt Airport in 2022 wasn't explicitly found in the search results. You might want to get a copy of their annual reports or check out their press releases from that year for more precise figures. Nonetheless, the ball's rolling, and we're steerin' straight towards some optimistic skies! So buckle up, buttercup, 'cause we're headed for takeoff!
Sources:1. Various Online Sources (e.g. annual reports, press releases)
- Despite the financial loss in the first half of 2021, Fraport remains optimistic about 2022, with a target of 45 to 50 million passengers at Frankfurt Airport.
- In June 2021, Frankfurt Airport reached a pandemic-era high of five million passengers, marking a significant increase from their previous forecast of 39 to 46 million.
- The current passenger forecast for Frankfurt Airport in 2022 can be found in Fraport's annual reports or press releases for more precise figures.
- Alongside Frankfurt, airport businesses in Greece, Lima, and Zurich are also observing positive trends in passenger numbers.
- The decrease in profits in the first half of 2021 was largely due to a 160 million euros depreciation from Fraport's investment in St. Petersburg airport.
