About Fraport
Fraport AG engages in international airport business. The company operates Frankfurt Airport primarily in Germany. Segments The company operates through four segments: Aviation, Ground Handling, Retail & Real Estate, and External Activities & Services. Aviation The Aviation segment offers traffic and terminal management, airport expansion, and airport security management services. Ground Handling The Ground Handling segment provides ground central handling infrastructure and ground handling services. Retail & Real Estate The Retail & Real Estate segment offers retail and real estate management services. External Activities & Services The External Activities & Services segment provides global investment management, real estate and facility management, and information and telecommunication services. Acquisitions In August 2008, the company acquired a 24.5% share in the newly established Xi'an Xi'anyang International Airport Co., Ltd., which provides management and operational services for Xi'an Airport in central China. In December 2008, Fraport Real Estate Monchhof GmbH & Co. KG took over 50% of the capital shares in the newly founded Multi Park I Monchhof GmbH, Walldorf Baden. This company was founded for the purpose of development, construction, administration, and marketing of property on the Monchhof site in Kelsterbach/Raunheim. Dispositions In February 2009, the company disposed of shares in Flughafen Frankfurt Hahn GmbH. History Fraport AG was founded in 1924.