August 4, 2020

Airport operator Fraport to slash jobs as virus wrecks traffic

Frankfurt am Main (AFP) – Frankfurt Airport operator Fraport said Tuesday that it plans to shed nearly one-fifth of its workforce, after air traffic plummeted in the second quarter due to the coronavirus pandemic.The German company plans to cut 3,000 to 4,000 jobs out of around 22,000 across Fraport’s Group companies.Passenger traffic at Frankfurt Airport, Germany’s busiest, fell 94.4 percent year-on-year in the three months to the end of June. At Fraport’s Group airports worldwide, which also include Delhi’s Indira Gandhi Airport and Saint Petersburg’s Pulkovo Airport, “passenger traffic came…


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