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HomeBusinessPandemic-constraints: The slack in the Frankfurt airport stops

Pandemic-constraints: The slack in the Frankfurt airport stops

The slack in the Frankfurt airport stops

At Frankfurt airport the passenger remain below the normal level. Photo: Andreas Arnold/dpa

© dpa-infocom GmbH

Corona pandemic, and air transport is not fit to continue. The short summer of recovery is also at Frankfurt airport, is not sustainable. Operator Fraport to stretch it all the plans and the team is noticeably smaller.

The Corona of the crisis in the Frankfurt airport, remain in the grip. Instead of the expected slow recovery are to be paid in September, the passenger in the largest German hub declined again.

Furthermore, existing travel restrictions, and the increased pandemic can also be done for the rest of the year there is no improvement to be expected.

Were counted in the month, nearly 1.15 million passengers and, thus, 83 percent fewer than a year earlier, as operators Fraport said on Tuesday. The goods in addition, around 360,000 passengers less than in August, as the decline in the annual comparison, had “only” 78 per cent. Also the other German airports with your Association ADV confirm the Trend: After a short Summer the of passengers since mid-August numbers tend to decline.

The largest German airport and has been running for months on the back burner. On Thursday, the fourth runway, the “startbahn West” is, after almost half a year break forced put back into operation. For the still sparse flight operations that would not be necessary, only the shorter paths to the de-icing system the operation of the “18 West” in the winter half of the year seem to make sense.

20.000 instead of more than 200,000 passengers, the people responsible are now on a normal autumn day. A passenger Terminal is completely closed, the larger Terminal 1 only in Parts of occupied. A little bit of what is going on only in the transition building to the airport-the train station, because that is where the Corona is to find test center. But, even here, the queues are manageable.

Of the pandemic, the numerous Shops and restaurants are hit hard, the life is otherwise good of the passengers. In the meantime, have re-opened, around 60 percent of stores, said a Fraport spokesman. In the case of need had been agreed with the operators. The Rents are already strong, sales-dependent, so that to pay in the doldrums also automatically less.

Only in the years 2022/2023 passenger numbers are expected to reach a new and reliable basis for value, the Fraport-Chef Stefan Schulte 15 to 20 percent below the record set in 2019 by a good 70 million located. When up to 15 million people less, it needs less staff at the airport operator. Between 3000 and 4000 of the 22,000 the company wants to reduce, if possible, in a socially responsible manner and uses in the meantime, intensively the possibilities of short-time work.

For the severance packages offered to approximately 2300 Fraport have so far, Employees are interested in. The actual acceptance rate is only at the end of October, because the company needs to look at the meaning of “double voluntariness”, who with a financial incentive to drag. Too golden, the handshake is not trade unionists according to anyway, because with a ratio between 0.75 and 1.0 gross salaries per year of Employment, no giant sums of money come together, at least.

For older Workers, including the vintage 1963 partial retirement and early retirement may be attractive, but in this program, the available resources could be scarce, – is spoken in business circles. The deadlines for this part of the staff reduction will run until the end of the year. The works Council is already preparing for the negotiation of interests and social compensation plan in case of pending redundancies.

In spite of the Corona-shocks of the Expansion of the largest German airport, just gently braked more runs. The third passenger Terminal in the South of the site corresponds with an additional annual capacity of around 25 million passengers, experienced airports such as Dusseldorf or Berlin to act-Tegel. It should be in 2025 and, therefore, a year later than initially planned to the network. At the earliest, you have to say, because Fraport wants to decide on the “demand-oriented”.

This demand falls on the part of customers from nationalised large Lufthansa on view, very low. The crane flies to the good times, around two-thirds of the transport in Frankfurt, but at the Moment, because of the lack of Intercontinental flights, numerous Jets on the ground. Lufthansa-Chef Carsten Spohr complains, moreover, furthermore, about the high fees on the Main and had already deflected before the crisis, the transport to Munich, Zurich and Vienna. However, the two companies have founded a joint company called “FraAlliance”, with the joint development of new revenue sources should be.

In order to survive the dry spell, has Fraport, majority-owned by the state of Hesse and the city of Frankfurt, in the first half of 1.3 billion euros in additional financial resources is concerned, and with a new bond in July, an additional 800 million Euro recouped. Thus, liquidity is secured until at least the end of the year 2021, says Schulte. Further state aid will speak at the upcoming air transport summit at the beginning of November.

Matthew Velter
Matthew Velterhttps://etrendystock.com/
With 5 years of experience as an editor, Matthew has been a crucial part of eTrendy Stock since its inception. He looks after the editing of news content published on eTrendy Stock. Apart from investing his time in editing, he also provides well-researched news articles for the U.S. niche. Mathew studied at University of central Florida.

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