Lufthansa and Frankfurt Airport operator Fraport signed a deal Tuesday lowering the cost of ground handling for the carrier at the airport for the next five years. Savings amount to more than €10 million per year, according to Reuters, which cited Lufthansa Passenger Airline management board member Carsten Spohr. Savings will come from a combination of lower prices and greater efficiencies, Spohr said. Fraport Chief Executive Wilhelm Bender said the airport operator will offset the ...

Subscribe to Access this Entire Article

"Other News - 09/27/2005" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.