Manufacturing Industry
Fraport plans joint venture with Deutsche Flugsicherung
Airline Industry Information, Dec 16, 2004
AIRLINE INDUSTRY INFORMATION-(C)1997-2004 M2 COMMUNICATIONS LTD
Fraport, the operator of Germany's Frankfurt airport, reportedly plans to set up a joint venture with the air traffic control company Deutsche Flugsicherung (DFS) once it is privatised.
The venture would offer control-tower services at airports in Germany and also abroad at a later time, a Fraport spokesperson said.
Fraport forecasts further growth in air travel next year, with worldwide traffic expected to increase 5% and European traffic increasing 4-4.5%, reports Reuters.
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