Outlook for airports business to remain “volatile and dynamic” in 2022, says Fraport Group

Frankfurt Airport owner Fraport has said that the outlook for passenger traffic remains uncertain for the year ahead in the face of COVID-19 variants and related travel restrictions. Fraport Group CEO Dr. Stefan Schulte said: “The situation for our business will remain highly volatile and dynamic in 2022. At this stage, no one can reliably predict how the pandemic will evolve over the coming months. The related – and often inconsistent – travel restrictions will continue to put a heavy strain on the aviation industry. Despite these uncertainties, we are taking an optimistic view of the year ahead. We are expecting air travel demand to rebound noticeably again in the Spring.” The group today revealed full-year traffic numbers, with Frankfurt Airport welcoming 24.8m passengers in 2021 – a +32.2% increase compared to 2020 but still down -64.8% on 2019.<br/>