Need for Future Terminal 3 at Frankfurt Airport Confirmed by Independent Institutes

Frankfurt (ots) - Passenger Numbers Expected to Rise to Between 68
Million and 73 Million Annually by 2021 - Additional Terminal
Capacity Required at the Latest by the Year 2021

At a press conference today, Fraport AG (the owner and operator of
Frankfurt Airport) presented the results of expert studies by two
independent institutes on Frankfurt Airport's forecast passenger
growth up to 2030. Both institutes forecast that passenger volumes at
the Frankfurt Airport (FRA) global aviation hub will rise to between
68 million and 73 million passengers by the year 2021. Thus, the
airport's current terminal capacity of 64 million passengers per year
will be exceeded by 2021.

Fraport AG executive board chairman Dr. Stefan Schulte said:
"Society's need for mobility continues to grow - and thus the number
of people choosing to travel by airplane. Both of the independent
expert studies - which validate our existing internal capacity
planning - clearly show that the construction of Terminal 3 is
urgently needed. Only with Terminal 3 will we be able to continue
offering our customers the quality and service that they rightly
expect from a leading international airport like Frankfurt. Residents
and businesses in our region should also be able to expect this."

The analyses of the two renowned institutes, Intraplan and
MKmetric, confirm the findings of internal assessments carried out by
Fraport AG on FRA's future passenger growth. The MKmetric institute
expects that passenger traffic will rise to 68.2 million by 2021 and
might reach 75.7 million by 2025. Intraplan's forecasts indicate that
passenger figures will rise to 72.9 million, or 78.0 million, for the
same years respectively. The analyses of the two institutes are
confirmed by the long-term traffic forecast of the German Ministry of
Transport and Digital Infrastructure, according to which air
passenger figures in Germany will rise by 2.5 percent annually until
the year 2030. In another study commissioned by Fraport AG, the
consulting firm NACO (Netherlands Airport Consultants) concludes that
additional terminal capacity will be required to ensure smooth
operations at Frankfurt Airport, once passenger numbers have reached
the 64 million mark. Passenger volumes of up to 68 million and more -
as forecast by the Institutes for the year 2021 - would have a
massive impact on airport operations and thus impair the overall
quality and competitiveness of Frankfurt Airport.

At times, FRA is already reaching capacity limits for check-in
facilities at peak traffic periods during the summer holidays. This
situation is similar for security, passport and custom control
channels. Schulte explained: "Without construction of a third
terminal, increasing numbers of large aircraft - which primarily
serve intercontinental routes - will have to be handled at remote
parking positions away from the terminals. This is contrary to German
as well as European quality standards. Consequently, aircraft
congestion and waiting times on the taxiways would reach unacceptable
levels."

Fraport also examined various alternatives to the new Terminal 3
for creating additional terminal capacity and aircraft docking
positions. The results of these assessments clearly show that all
examined alternatives are far from being viable or suitable to meet
future requirements. Either the alternatives are not compliant with
existing zoning laws or they are not feasible for technical reasons,
while other alternatives would require unrealistic demolition of
existing buildings or place a further strain on already heavy traffic
loads in the northern part of the airport - or they would simply not
provide any significant capacity gains.

This detailed examination leads to the conclusion that there is no
way to get around building the new Terminal 3. "Inaugurating Terminal
3 only in 2021 already means that we will have to temporarily accept
reductions in service quality. If passengers and staff have to endure
this, then it should only be for a short period," stressed Schulte.

In this context, Schulte also underlined that the German state of
Hesse - with its globally leading aviation hub - has a legitimate
right to possess a cutting-edge, innovative and sustainable Terminal
3. The new terminal would also represent an architectural landmark
and serve as a showcase for optimum passenger services and quality.

Regarding the next steps to be taken, Schulte added that "Fraport
has verified the capacity requirements of Terminal 3 in a well-
founded and comprehensive manner. We have made all of this
documentation available to the Hesse state government. We look
forward to having discussions on the results at any time." In
addition, Fraport has issued the main results of the independent
institutes via the Internet.

Fraport AG estimates construction costs for the new Terminal 3 -
including all ancillary infrastructure measures such as access roads
and parking lots - to range between E2.5 billion and E3 billion.

Contact:
Fraport AG
Robert A. Payne
International Spokesman
Telephone: +49 69 690-78547
E-mail: r.payne@fraport.de
Internet: www.fraport.com
Facebook: www.faceebook.com/FrankfurtAirport