Overview

• Fraport targets 80% on-time flight performance this summer, aiming to match pre-pandemic punctuality levels despite a 5% increase in flight movements.
• CEO Stefan Schulte identifies fragmented European airspace and controller shortages as the primary causes of delays, exacerbated by military flights linked to the Ukraine war.
• The €4 billion Terminal 3 at Frankfurt Airport remains on schedule to open Easter 2026, with a phased airline relocation and Terminal 2 renovations to follow.
• Passenger volumes at Frankfurt and Munich are projected to reach 90% of 2019 levels by the end of 2025, with full recovery expected by 2027.
• Smaller regional airports in Germany continue to struggle with declining traffic and financial deficits, sparking discussions on subsidies and structural reforms.