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May 2002 - FRA Traffic Results: Fraport AG Expects Passenger Figures to Rise Again in the Third Quarter

Frankfurt, Germany (ots)

Positive Conclusion of the Regional Planning Procedure Creates
Optimism; "FRA Remains Our Main Partner" Says Lufthansa's Weber
Frankfurt Airport's (FRA) traffic
figures show that May 2002 was the best month so far this year. Some
4.2 million passengers used FRA in May 2002, only 1.3 percent less
than the same month last year. This relatively good result is due to
low base-year figures -- in May last year Lufthansa pilots were on
strike. Still, the result confirms Fraport AG's estimate that the
first positive traffic figures can be expected in the third quarter
of 2002. Fraport continues to be concerned about the sluggish economy
and the still weak tourism business. In this connection German tour
operators say that economic factors are holding back holiday
bookings, although with increasing price sensitivity some
destinations are beginning to show growth again. For example, FRA's
Turkish market is showing positive results; and Egypt is also moving
towards growth.
Air cargo tonnage at Germany's largest airport saw positive
development in May 2002. FRA, handled some 121,100 metric tons of
airfreight, up two percent over the same month last year. Experience
shows that the air cargo sector is an important early indicator for a
developing world economy. Therefore, the current results could be an
indicator for the expected recovery in the global economy during the
second half of 2002. At the same time, the results could also be the
first sign of the hoped for rebound in Germany.
Like Fraport AG, the airlines also expect a recovery. Lufthansa's
executive board chairman, Dipl.-Ing. Jürgen Weber, confirmed this
today in joint press conference at FRA held with Fraport AG's
executive board chairman, Dr. Wilhelm Bender. Lufthansa is counting
on growth and is counting on the expansion of Frankfurt, its main
base," said Weber. "FRA is important for many reasons including its
overwhelming significance for the German export economy." Weber
welcomed the conclusion of the Regional Planning Procedure (ROV) as a
key step for Fraport AG's expansion plans. Frankfurt must not be
slowed down," demanded Weber, "because FRA is and will remain our
main partner."
Bender also spoke positively of the ROV decision, which evaluated
the Runway Northwest option as the most compatible with regional
planning requirements. "This important evaluation is a vital stop for
Germany's role in air transportation and will allow FRA to
participate in medium and long-term development and growth
opportunities in the aviation sector," said Bender,
The current number of aircraft movements (takeoffs and landings)
at FRA also reflects the aviation industry's of an imminent upswing.
In May 2002, FRA recorded its first positive results in this traffic
category, with 39,209 takeoffs and landings (an increase of 0.4
percent over the same period last year). By the end of May, the
airlines had resumed most of the flights that they had temporary
suspended after 9/11. However, the airlines continue to use smaller
aircraft for some services. Thus, the Maximum Takeoff Weights (MTOW)
reached 2.1 million metric tons in May 2002, 2.6 percent below the
same month last year.
Frankfurt Airport's Traffic Figures for May 2002
May 2002    Change (2)   Jan.-May   Change (2)
                            May 02/      2002       Jan.-May
                            May 01                  02/01
Passengers      4.2       -1.3%       18.6       -4.2%
   in millions
Airfreight    121.1        2.0%      594.7       -4.5%
   in thousands of 
   metric tons
Airmail        10.9        4.5%       57.8        0.4%
   in thousands of 
   metric tons
Aircraft       39.2        O.4%      183.4       -1.6%
   Movements (1)
   in thousands
MTOWs       2,120.1       -2.8%    9,820.8       -6.1%
   in thousands of 
   metric tons
Punctuality    86.5                   81.4
   share of punctual arrivals
   and departures in percent
(1) Excluding military flights
   (2) Rate of change based on unrounded numbers

Contact:

Fraport AG Frankfurt Airport Services Worldwide
Robert A. Payne - Manager International Press
D-60547 Frankfurt am Main
Tel. +49/69/690-78547
Fax +49/69/690-60548
mailto:r.payne@fraport-de /Internet: www.fraport.com

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