Fraport AG Waives Aircraft Parking Fees During the "Ash Cloud" Crisis

By Fraport Ag, PRNE
Wednesday, April 21, 2010

FRANKFURT, Germany, April 22, 2010 - As a thank you to the airlines for their close cooperation in
coping with the shutdown of European airspace and as a sign of solidarity,
Fraport AG is waiving charges for the aircraft parked at Frankfurt Airport
(FRA). Aircraft parking charges accumulated from last Friday though Tuesday
have amounted to half a million euros at FRA, according to Fraport executive
board chairman Dr. Stefan Schulte. "The ash cloud has severely hit the entire
air transport industry. By waiving these parking charges, we are sending a
clear signal of our partnership. Indirectly, this crisis has confirmed our
strategy of expanding Fraport's business activities at Frankfurt Airport as
well as marketing a wide range of airport management services
internationally."

Fraport AG's revenue loss due to halted air traffic amounted
to approximately EUR15 million during the period from last Friday through
Tuesday. Yesterday (Wednesday), flight operations started to normalize,
reaching half the usual level. "Today (Thursday), we have been able to
restore flight operations faster than expected to nearly the scheduled level
by stepping up airport processes," stressed Schulte. Only about 100 flights
are expected to be cancelled today. The airlines are making every effort to
deploy aircraft and personnel in keeping with the coordinated schedule.

Furthermore, Fraport is expecting a number of unscheduled
flights in the next two or three days. Many airlines are offering their
stranded passengers additional opportunities to get back home, said Schulte.
In general, flight operations at Germany's largest airport have been largely
restored to normal scheduled levels.

Print-quality photos of Frankfurt Airport and Fraport AG are
available free for downloading via the Internet at www.fraport.com (Menu:
select Press Center > then Photo Service). For TV news and information
broadcasting purposes only, we also offer free footage material for
downloading via fraport.cms-gomex.com.

    For Further Information, Please Contact:
    Fraport AG Frankfurt Airport Services Worldwide
    Robert A. Payne, B.A.A. - Senior Mgr. International Press & PR
    Press Office (Dept. UKM-PS), Corporate Communications
    60547 Frankfurt am Main, Federal Republic of Germany
    Tel: +49-69-690-78547, Fax: +49-69-690-60548;
    E-mail: r.payne@fraport.de; Internet: www.fraport.com

For Further Information, Please Contact: Fraport AG Frankfurt Airport Services Worldwide, Robert A. Payne, B.A.A. - Senior Mgr. International Press & PR, Press Office (Dept. UKM-PS), Corporate Communications, 60547 Frankfurt am Main, Federal Republic of Germany, Tel: +49-69-690-78547, Fax: +49-69-690-60548, E-mail: r.payne at fraport.de

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