June 2002 - FRA Traffic Figures: Significant Increase in Air Cargo Tonnage at Frankfurt Airport

Sign of positive development of traffic figures; Fraport AG's Dr. Wilhelm Bender: "Clear indicator for the expected recovery of the global economy."

In June 2002, 4.4 million passengers traveled through Frankfurt Airport (FRA), 4.7 percent less than in the same month last year. The main reason for the prevailing standoffish demand for flights and package tours continued to be the economic situation and the ensuing consumer caution. Although decreases in traffic to the U.S.A. have clearly shrunk and traffic to the Middle East shows positive results again, this does not effect an overall positive result yet. Fraport AG expects traffic volumes to grow again in the third quarter of 2002.

Traffic at the Frankfurt hub has not declined as much as at other airports during the first six months of the year. Frankfurt Airport recorded 4.3 percent less passengers and thus faired much better than the average at all other German airports with minus 8.4 percent. Frankfurt increased its market share - based on the total count of German passengers - from 34.6 percent at the end of 2001 to 36.6 percent.

Munich has a share of 17.4 percent and Düsseldorf 10.5 percent.

For the first time in 14 months Frankfurt Airport registered a significant increase in airfreight activity: In June 2002, FRA handled 129,090 metric tons of cargo or 5.7 percent more. Intercontinental traffic and the particularly strong ties with the Far East, which increased by almost one-fourth over the same period in the previous year, served as a growth engine. On North Atlantic routes cargo volumes increased by nearly ten percent in June. "Experience shows that the air cargo sector is an important early indicator for a growing and developing world economy", said Dr. Wilhelm Bender, Fraport AG's Chairman of the Executive Board. "We believe that the current results are a strong indicator for the expected recovery of the global economy and for the coming upswing at Frankfurt Airport."

The number of aircraft movements is still slightly below the previous year's count. FRA recorded 39,168 takeoffs and landings in June (a 0.9 percent decline compared to the same period last year). Because airlines met passenger demand by deploying smaller aircraft the Maximum Takeoff Weights (MTOW) dropped by 3.7 percent to 2.1 million metric tons.

Frankfurt Airport's Traffic Figures for June 2002

June 2002 Change (2) Jan.-June Change (2)

June 02/ 2002 Jan.-June

June 01 02/01

Passengers 4.4 -4.7% 22.9 -4.3%

in millions

Airfreight 129.1 5.7% 723.7 -2.8%

in thousands of

metric tons

Airmail 11.2 -4.2% 68.9 -0.4%

in thousands of

metric tons

Aircraft 39.2 -O.9% 222.5 -1.5%

Movements (1)

in thousands

MTOWs 2,141.5 -3.7% 11,962.3 -5.7%

in thousands of

metric tons

Punctuality 81.7 81.4

share of punctual arrivals

and departures in percent

(1) Excluding military flights

(2) Rate of change based on unrounded numbers