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Market Impact: 0.18
Fraport: Frankfurt Airport Aug. Passenger Numbers Down 0.3% YoY
Source: Nasdaq
Transportation & LogisticsCompany Fundamentals
Fraport reported August passenger traffic at Frankfurt Airport of roughly 6.3 million, down 0.3% year over year, while aircraft movements fell 4.6%. Cargo volumes rose 2.9% to 179,400 metric tons, partially offsetting the modest weakness in passenger and flight activity.
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