Fraport AG

Fraport AG Key Partner for Building and Managing Berlin's New Airport at Schönefeld

    Frankfurt / Germany (ots) - A key partner in the BBIP consortium,
Fraport AG Frankfurt Airport Services Worldwide, will be providing
its know-how for the new Berlin-Schönefeld airport project in
Germany's capital. Along with operating the three existing Berlin
airports, the BBIP consortium will plan, build and manage - for 99
years - the new Berlin-Brandenburg International Airport (BBI).
Fraport AG, which owns and manages Germany's largest airport
(Frankfurt Airport = FRA), has developed wide-ranging airport
expertise over many decades at Frankfurt.
    
    Fraport has been participating in the privatization process for
the Berlin airports since 1997.  Fraport AG has a seven-percent share
in the BBIP consortium. To be built in Schönefeld south of the city
center, Berlin's new airport will be well connected to the city by
autobahn (road) and rail.  This is Germany's first airport to be
built with private financing.  Planning for the project began more
than a decade ago.  
    
    As part of the privatization bid, Fraport AG has already delivered
important airport-specific elements for the project.  These included
input regarding the economic potential of the new airport (retailing
and gastronomy, car parking management, etc.).  Furthermore,
expertise was also provided for the BBI technical development
concept.  Fraport specialists have also analyzed the long-term
traffic potential of Berlin's new airport.
    
    Commenting on the advancement of the Berlin project, Dr. Wilhelm
Bender, Fraport AG's executive board chairman, said:  "Fraport's
expertise in building and managing an intercontinental air transport
gateway will provide BBI with a tremendous advantage in marketing the
capital city as a destination.  Our specialists are pleased to
provide their experience and know-how to Berlin."  Fraport AG is
actively involved at many airports in Germany, Europe and around the
globe.  
    
ots Originaltext: Fraport AG
Internet: www.newsaktuell.ch

Contact:
Fraport AG Frankfurt Airport Services Worldwide
Robert A. Payne - Manager International Press
60547 Frankfurt am Main,
Germany
Tel. +49/69/69'07'85'47  
Fax  +49/69/69'06'05'48
mailto: r.payne@fraport.de  
Internet: www.fraport.com



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