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Fraport AG
Regulatory Filings • Nov 18, 2019
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Regulatory Filings
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News Details
Corporate | 18 November 2019 12:06
Fraport AG Frankfurt Airport Services Worldwide: Airport Charges for Frankfurt Airport approved
DGAP-News: Fraport AG Frankfurt Airport Services Worldwide / Key word(s): Miscellaneous
18.11.2019 / 12:06
The issuer is solely responsible for the content of this announcement.
Dear Sir or Madam,
We would like to inform you that the Hessian Minstry of Economics and Transport approved the airport charges for Frankfurt Airport submitted by Fraport AG.
Fraport AG submitted the charge application at the beginning of July. The new charging system again includes incentives to reduce the noise burden in Frankfurt and the surrounding areas. Airlines using quieter aircraft receive financial benefits. Airlines that use louder aircraft, that fly in the off peak hours from 5am to 6am and from 10pm to 11pm, or that land after 11pm will pay higher fees in the future.
The approval was preceded by a comprehensive administrative procedure lasting several months. More than 100 airlines, their associations, the noise abatement commission and the noise abatement officer were involved. They all had the opportunity to comment.
The new charges for the airlines will apply from 1 January 2020.
Kind regards
Your Investor Relations Team
Fraport AG Frankfurt Airport Services Worldwide
Finance & Investor Relations
60547 Frankfurt am Main
T: +49 69 690 – 74842
F: +49 69 690 – 74843
18.11.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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| Language: | English |
| Company: | Fraport AG Frankfurt Airport Services Worldwide |
| – | |
| 60547 Frankfurt am Main | |
| Germany | |
| Phone: | +49 (0)69 6 90-7 48 42 |
| Fax: | +49 (0)69 6 90-7 48 43 |
| E-mail: | [email protected] |
| Internet: | www.fraport.de |
| ISIN: | DE0005773303 |
| WKN: | 577330 |
| Indices: | MDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
| EQS News ID: | 915399 |
| End of News | DGAP News Service |