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Rising passenger figures at Frankfurt Airport
Monday, April 14, 2008

Frankfurt Airport (FRA) served 3.6 percent more passengers in the first quarter of 2008. A total of 12,248,854 passengers used the FRA global air transportation hub during the first three months of the year. In the first quarter of 2008, the Fraport Group’s majority-owned airports (Frankfurt, Frankfurt-Hahn, Antalya, Lima, Burgas and Varna) welcomed a total of 16,100,323 passengers (up 4.4 percent).

In March 2008, Frankfurt Airport reported a slight 0.2 percent decline in traffic to 4,438,327 passengers.  

Due to the Easter travel wave, tourist destinations in Southern and Southeastern Europe as well as North Africa experienced exceedingly positive growth last month. Intercontinental traffic, which grew by 1.9 percent, continued to drive FRA’s passenger growth. Contributing significantly to this development, South American traffic jumped by 36.9 percent because of  expansion of the timetable.

Passenger traffic at Fraport’s international locations developed positively in March 2008. Peru’s Lima Airport (LIM) achieved a 15 percent gain in traffic to 696,201 passengers. Serving 395,397 passengers, Fraport’s terminals strongest growth rates were recorded by Fraport’s two holiday airports on the Bulgarian Black Sea coast: Burgas Airport (BOJ) registered 1,354 passengers last month (up 25.6 percent), while Varna Airport (VAR) had 22,751 passengers (up 16.7 percent). In contrast, Frankfurt-Hahn (HHN) experienced a slide in passenger traffic.  HHN welcomed 289,253 passengers (down seven percent) in March 2008. A total of 5,842,886 passengers (up 1.6 percent) used the Fraport Group’s six majority-owned airports last month.

Vicky Karantzavelou - Monday, April 14, 2008
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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