Fraport AG, the Frankfurt Airport (FRA) company, will reward airlines at FRA – if they deploy modern, low-noise aircraft on international routes and achieve passenger growth of more than one percent per year – with retroactive reductions in airport charges during 2014 and 2015. Furthermore, each subsequent year will be rewarded with an additional incentive sum, if the airline maintains the previous year’s growth in terms of the absolute number of passengers. Fraport’s new incentive program has been approved by the Hessian Ministry of Economics, Transport and Urban Development. Effective January 1, 2014, this program will become an official part of FRA’s Airport Charges Regulation.

“Fraport is already a global leader in establishing a greater range in airport charges based on noise categories. Quiet aircraft are charged less, while loud aircraft pay significantly more. This additional incentive program underscores how we consistently use airport charges as a way to reward airlines that deploy the quietest aircraft possible,” explained Fraport AG’s executive board chairman Dr. Stefan Schulte. Domestic traffic has been intentionally excluded from the new program, because FRA intends to strengthen European and international traffic and hence its role as an intercontinental hub.

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