Frankfurt expansion approved

Today, the expansion of Frankfurt Airport (FRA) has been approved by the German government.
The expansion includes a new, 4th runway with a length of 2,800 meters (9.240 ft); the new Terninal 3 and the Airbus A380 maintenance base.

Fraport AG’s executive board chairman Dr. Wilhelm Bender called it a “historic day for Frankfurt Airport and for aviation in Germany,” at the signing of the zoning decision on airport expansion by Hesse minister of economics, transport and state development, Alois Rhiel, in Wiesbaden. Speaking to journalists, Bender explained that an “important step on the road to Frankfurt Airport’s urgently needed expansion” has now been taken. Only expansion will ensure the competitiveness and future of Frankfurt Airport (FRA), which is number three in Europe and ranks in the top 10 worldwide.

Bender said that expansion of the airport is also a “national task”. Germany’s central airport needs a secure future in the aviation growth market to be successful at an international level, because the number of passengers and the amount of airfreight is expected to double by 2020.

Bender, who also heads the Frankfurt/Rhine-Main Economic Initiative, said that the decision is “a good day for the region”. Expansion of Frankfurt Airport is the prerequisite for strengthening our home region in the increasingly competitive European market.

Bender pointed out that the approximately €4 billion airport expansion is the biggest private enterprise investment project in Germany. Furthermore, up to €300 million are being invested annually in existing facilities.
In the opinion of Bender, FRA’s expansion is a “huge employment generator that will create up to 100,000 additional jobs”.

Visit: http://www.ausbau.fraport.com for further information on the Frankfurt Airport expansion.

Source: Fraport AG