Lufthansa and Fraport sign agreement on cost savings and further growth

Deutsche Lufthansa AG and Fraport AG have signed a first agreement on short-term cost savings. The partners are thus creating the right conditions for the further growth of Lufthansa at Frankfurt Airport. The agreement will also provide the basis for further discussions regarding a medium and long-term partnership. In the future, Lufthansa and Fraport are planning to work together consistently to make the most of potential areas for further increasing efficiency and lowering costs. Specifically, as an example, they are looking to improve utilization of their existing infrastructure and to reduce costs by improving the advance planning of passenger traffic. There will also be more intense coordination between Lufthansa and Fraport concerning customer relations to optimize services in the non-aviation sector. This set of measures is designed to create the right conditions for the further growth of Lufthansa in Frankfurt in the coming years. To promote continued growth at Frankfurt Airport in 2018, Fraport is not planning to make a new application for airport charges for the coming year. Thus, the existing charges regulation will continue to be valid.