Fraport has been chosen to manage approximately 47,000 square feet of Newark Liberty Airport’s Terminal B's concessions space.
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Despite Frankfurt's growth in passenger numbers, Fraport recorded a decline in Brazil as the bankruptcy of Avianca Brasil had drastic knock-on effects.
Despite aircraft movements climbing 4.7 per cent, air cargo traffic fell by nearly 3.4 per cent for the same period last year for Frankfurt Airport according to Fraport.
Frankfurt Airport and the wider Fraport Group airports worldwide have reported a continued rise in passenger numbers in October.
A day after TAV Airports swooped in on Antalya International by purchasing 49 per cent of one of its owners shares, Groupe ADP has joined in.