Fraport to Increase Slot Capacity at Frankfurt Airport in 2004 / Airport Coordinator of Germany Determines Allocation of Slots to Airlines

Frankfurt (OTS) - Fraport AG (FSE: FRA), the owner and manager of
Frankfurt Airport (FRA), and its main customer Deutsche Lufthansa
have agreed on the number of aircraft movements (take-off and landing
slots) that should be available for the 2004 Summer Timetable - for
all airlines not just Lufthansa. Specifically, the compromise
agreement calls for two additional slots per hour in the morning and
one additional slot per hour in the afternoon, commencing with the
new summer timetable that goes into effect in the spring of 2004.
Slots are the scheduled time windows for take-offs (departures) and
landings (arrivals) of aircraft at an airport. At FRA and 16 other
German airports, slots are allocated by the Airport Coordinator of
Germany (www.fhkd.org). This organization is directly accountable to
the German Federal Ministry of Transport. The planned increase in
slots now has to be approved by the responsible government
departments.

Fraport creates but does not allocate slots. Utilizing its
operational and technological know-how, Fraport has been able to
increase incrementally the coordinated hourly capacity of the
existing runway system at FRA in recent years. Under the agreement,
FRA's official coordinated runway capacity for flight scheduling will
increase in the next summer timetable period: to 80 aircraft
movements per hour (up from 78 per hour currently) between 06:00 and
14:00; and to 81 aircraft movements per hour (up from 80 per hour)
between 14:00 and 22:00. The Board of Airline Representatives in
Germany (BARIG) also supports this arrangement.

Fraport's executive board chairman Dr. Wilhelm Bender said that
with this compromise agreement both parties have underscored their
mutual interest in demand-oriented growth at Germany's biggest
airport. He indicated that the need to increase the capacity of FRA's
existing runway system - through optimizing infrastructure and
implementing increasingly sophisticated handling procedures before
the planned new Northwest Landing Runway goes into operation - was
already emphasized during the mediation process on airport expansion.

ots Original Text Service: Fraport AG

Rückfragehinweis:
For More Information, Please Contact:
Fraport AG Frankfurt Airport Services Worldwide
Attn: Robert A. Payne - Manager International Press
60547 Frankfurt am Main, Germany
Tel.: +49 69 690 -78547
Fax: +49 69 690 -60548
mailto:[email protected]
http://www.fraport.com

OTS-ORIGINALTEXT UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS | EUN

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