Fraport Group Sees Third Quarter Growth In All Traffic Categories Despite the Slowing Economy Frankfurt, Germany (ots) - FSE: FRA -

31.10.2003, 10:05

Fraport AG Frankfurt Airport Services Worldwide reportedincreases in all traffic categories for the third quarter. Wellover 22.4 million passengers used the airports of the FraportGroup from July to September 2003, some 3.4 percent more than inthe same period last year. Air cargo and airmail tonnage handledtotaled just under 491,900 metric tons (up 1.6 percent). Aircraftmovements rose by 0.5 percent to 201,600 take-offs and landings.The Fraport Group comprises six airports: Frankfurt Main(Germany), Antalya (Turkey), Frankfurt-Hahn (Germany), Hanover(Germany), Lima (Peru) and Saarbrücken (Germany).

With well over 14 million, passenger figures at FrankfurtAirport (FRA) reached the previous year's level. Airfreight andairmail activity at FRA fell 2 percent short of the 2002 third-quarter results, with a volume of 402,300 metric tons handled.Aircraft movements declined by 1.4 percent to about 120,000 take-offs and landings. Fraport AG's home base and most importantlocation Frankfurt Airport continued to be affected bylackluster business travel activity resulting from the slowingeconomy. The number of package tour travelers also fell short ofthe 2002 level. Traffic on East European and intercontinentalroutes (e.g., to an from the U.S.A. and India) gave impetus forgrowth. Cargo business was depressed by the strong euro and itscurbing effect of higher export prices on the German exportindustry.

Hanover and, especially, Frankfurt-Hahn Airport profited fromthe continuing boom in services offered by low-cost carriers.Frankfurt-Hahn Airport, which is located in the Hunsrück regionwest of Frankfurt, continued to grow at a considerably moredynamic rate than the rest of the industry: Some 702,800passengers used Frankfurt-Hahn Airport in the third quarter of2003, representing an increase of 58.2 percent. Cargo tonnagehandled at this airport grew by 16.2 percent to 41,000 metrictons. Aircraft movements increased 21.9 percent to nearly 8,600take-offs and landings.

At the airport of Hanover -- the capital of the German stateof Lower Saxony - traffic figures were also buoyed up by low-cost carriers. About 1.65 million passengers traveled throughHanover Airport in the third quarter, an increase of 9.2percent. Cargo volume handled reached 3,800 metric tons, up 20.7percent from the same period last year. With 24,360 take-offsand landings, aircraft movements at Hanover also grew by 2percent. Saarbrücken Airport recorded over 167,600 passengers inthe third quarter of 2003. This represented an increase of 1.5percent on the same period in 2002.

Recovering from the slump caused by the Iraq war, traffic atAntalya Airport was picking up again in the period from July toSeptember: During this period, some 4.6 million passengers usedthis tourist travel hub, which is located in the Turkish Riviera- an increase of 6.6 percent. With 5.6 percent, growth atPeru's Lima Airport occurred at nearly the same rate, bringingthe airport's passenger total to 1,25 million in the thirdquarter.

Fraport Group - Traffic Figures for the Third Quarter of 2003 Airports

Passen- Change Air-

Change AircraftChange

gers(1) in% freight in % Movements in %

abs. in %

(metric

abs

tons).

abs. Frankfurt

14,024,494 0.0

402,342 -2.0 119,948-1.4 Antalya(2)

4,607,948 6.6

n.a.

n.a. 26,1652.3 Hahn(3)

702,849 58.2

41,043 16.2

8,57221.9 Hanover

1,652,352 9.2

3,813 20.7

24,3602.0 Lima

1,246,692 5.6

44,606 27.1

18,196-0.3 Saarbrücken

167,628 1.5

49 25.6

4,3572.5 Fraport Group 22,401,963 3.4

491,853

1.6 201,5980.5 (1) Passengers (commercial traffic: arrivals + departures +transit) (2) International passengers and movements (3) Hahncargo (incl. cargo transported by truck) ots Original Text Service: Fraport AG Internet:http://www.naeurope.co.uk For More Information, Please Contact: Fraport AG FrankfurtAirport Services Worldwide Attn: Robert A. Payne - ManagerInternational Press 60547 Frankfurt am Main, Germany Tel.: +49 69690 -78547 Fax: +49 69 690 -60548 E-Mail: r.payne@fraport.deInternet: http://www.fraport.com )

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