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Abonner Fraport AG Frankfurt Airport Services Worldwide

Fraport AG Frankfurt Airport Services Worldwide

EANS-Adhoc: Fraport AG Frankfurt Airport Services Worldwide
Agreement Completed for Adjusting Airport Charges in 2010 and 2011

  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
Airport Charges
01.12.2009
Representatives of Fraport AG, the airlines and airline associations 
agreed today, December 1, 2009, on an increase in airport charges for
2010 and 2011, during the hearing on the request for an increase in 
airport charges at Frankfurt Airport (FRA) held by the Hesse Ministry
of Economics, Transportation and State Development. Under the 
agreement, the rates for landing fees, noise charges, emission 
charges, parking charges, passenger fees and security charges are 
being raised by a total of 12.5 percent during 2010 and 2011. The 
increase will occur in four stages:  4 percent on July 1, 2010, 3 
percent on October 1, 2010, 3 percent on April 1, 2011, as well as 
2.5 percent on October 1, 2011. The first two increases have already 
been implemented formally; the remaining increases will have to be 
applied for at the given time.
Furthermore, it is the declared goal of the contract partners also to
reach agreement quickly on fee increases for the years from 2012 to 
2015. However, if no consensus can be reached in this respect by 
February 19, 2010, the partners may cancel the agreement inked today.
In that case, the request for an increase in airport charges 
originally filed by Fraport AG will be approved and will take effect 
on April 1, 2010. This request calls for an 8.4 percent increase in 
charges.
Today´s agreement was reached in the presence of the approving 
authority - the Hesse Ministry of Economics, Transportation and State
Development. The hikes in airport charges are an essential element 
for financing capital expenditures at Frankfurt Airport.
With this increase in airport charges, Fraport AG´s executive board 
adheres to its goal of realizing an EBITDA of more than EUR600 
million in 2010.
end of announcement                               euro adhoc

Further inquiry note:

Stefan J. Rueter
Telefon: +49(0)69 690-74840
E-Mail: s.rueter@fraport.de

Branche: Transport
ISIN: DE0005773303
WKN: 577330
Index: Midcap Market Index, MDAX, CDAX, Classic All Share, HDAX,
Prime All Share
Börsen: Luxembourg Stock Exchange / stock market
Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade

Plus de actualités: Fraport AG Frankfurt Airport Services Worldwide
Plus de actualités: Fraport AG Frankfurt Airport Services Worldwide