Business

Frankfurt airport traffic nosedives to lowest since 1984

Airport operator believes passenger traffic will rebound noticeably in second half of 2021

Updated 5 years ago · Published on 18 Jan 2021 9:10PM

Frankfurt airport traffic nosedives to lowest since 1984
Fraport says air traffic came to a complete standstill between April and June during the first coronavirus lockdown, ‘with weekly passenger figures plummeting by up to 98% year-on-year’ – Pixabay pic, January 18, 2021

FRANKFURT –  The operator of Frankfurt airport said today that passenger numbers in 2020 plunged to their lowest since the 1980s as the coronavirus pandemic devastated the travel sector.

Germany’s largest airport recorded 18.8 million passengers in 2020, a decline of 73% compared with the year before, Fraport said, hitting lows not seen since 1984.

Air traffic came to a complete standstill between April and June during the first coronavirus lockdown, “with weekly passenger figures plummeting by up to 98% year-on-year”, Fraport said. 

Traffic at the hub recovered in the third quarter of 2020, but then fell again as  restrictions intensified on a resurgence of the virus late in the year, the company said.

In December alone, passenger traffic was down 82 percent year-on-year to just over 890,000 people.

“The year 2020 brought extreme challenges to the entire aviation industry,” Fraport chief executive Stefan Schulte said.

In the summer, the company said it would cut 3,000 to 4,000 jobs, or around 15 percent of its workforce.

The Fraport boss stressed that recent vaccination rollouts will lift the company’s fortunes, and he believes “Frankfurt’s passenger traffic will rebound noticeably in the second half of 2021”.

At the same time, he said he expects 2021 traffic to reach between 35% to 45% of 2019’s passenger numbers, in a “difficult year”.

Cargo traffic was a rare bright spot in 2020, Schulte said.

Freight dropped by just 8.3%.

Germany's largest travel companies have been hardest hit by the health crisis. 

Flag carrier Lufthansa and Europe's largest tour operator TUI have been forced to tap multi-billion euro aid programmes from the German government to sustain them through the collapse in demand. 

Shares in Lufthansa and TUI fell in morning trade Monday on the back of tightening restrictions introduced on travel to Britain.

All arrivals to the UK will have to quarantine and show negative tests for Covid-19 from today at 0400 GMT, after the government scrapped “travel corridors” from countries with lower caseloads following the emergence of new virus strains. – AFP, January 18, 2021

Related News

Culture & Lifestyle / 1y

Malaysian quartet drive VWs in road trip to Germany

Business / 2y

Malaysia secures RM46 billion potential investments from trade and investment mission to Germany, France

Malaysia / 2y

PM Anwar credits public services teamwork for Germany visit's remarkable success

Malaysia / 2y

Anwar touts RM45.4 bil in potential investment during Germany trip

Malaysia / 2y

Malaysia and Germany call for lasting ceasefire in Gaza

Malaysia / 2y

Israel-Palestine: PM Anwar urges Germany to use influence to press for ceasefire

Spotlight

Malaysia

Immigration busts international scam syndicate operating from unused Kuantan resort

Malaysia

Malaysia prevents RM1.9b in scam transactions as BNM targets real-time fraud alerts

Malaysia

Parental involvement crucial in tackling school bullying, says PM as cases hit nearly 5,700

Malaysia

19-year-old female student strangled to death in Kuantan following quarrel; boyfriend arrested

Malaysia

Loke slams 10 Negeri Exco members for ‘backstabbing’ Tuanku Muhriz

Malaysia

Vandalism at mosque: Blaming the MADANI govt ‘unfounded and ridiculous’ (video)

By Alfian Z.M. Tahir

Malaysia

MOHE: 1.16 million PTPTN borrowers owe RM10.7b in outstanding repayments

Malaysia

Police: Statements recorded after 13-year-old student sustains severe injuries in three-storey fall

You may be interested

Business

Tabung Haji posts record RM4.64b profit on stronger investment performance

Business

Middle East conflict puts Malaysian SMEs under growing financial pressure - BNM

Business

Oil supply risks mount as Brent tops US$102 on threat of Middle East shipping routes disruption

Business

Oil prices ease as Middle East exports recover towards pre-war levels