German air transport company Fraport is expecting a fall of 15% in overall profit compared to the last year, according to company officials.
The company, which operates Frankfurt International Airport serving Frankfurt am Main and the smaller Frankfurt-Hahn Airport, is also anticipating a fall in EBITDA in 2009, the airport-suppliers website reported.
Go deeper with GlobalData
The German airport operator’s EBITDA witnessed 15.6% drop in the first quarter this year.
Fraport said that it is expecting a 6%-9% fall in passenger volume at Frankfurt Airport.
The recent outbreak of swine flu could further weigh on demand, the company said while disclosing the reason behind the fall.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
