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Article: FRAPORT AG EXPECTS WORLD AIR TRAFFIC WILL GROW.
- Article from:
- AsiaPulse News
- Article date:
- June 26, 2003
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FRANKFURT , June 25/news aktuell-AsiaNet/ - Frankfurt, Germany (ots) - Fraport AG (FSE: FRA) expects only a slight decline in passenger figures for the current business year, despite the impact of the Iraq war, SARS, and the worldwide economic slowdown. Airfreight, in contrast, is expected to register clear growth for the year, explained Fraport executive board chairman Dr. Wilhelm Bender during his presentation at the company's Annual General Meeting (AGM) at the Jahrhunderthalle in Frankfurt-Hoechst, Germany. "Long-range forecasts for world air traffic indicate continued strong growth," said Bender at the AGM.
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