Frankfurt traffic dips

The decline in passenger traffic at Frankfurt Airport slowed to 5.6 percent in June as demand continued to recover gradually from the economic slump, airport operator Fraport said on Friday.

"The recovery trend accelerated particularly toward the end of the month when the summer vacation period began in several German states," it said.

First-half 2009 passenger traffic was down 8 percent.

Air freight traffic contracted 16.5 percent in June and was off 21.5 percent in the first half of the year.

Fraport had said on Thursday it has become slightly more optimistic about 2009 after the slump in passenger traffic decelerated in June.

It now sees a full-year decline of 8 percent as the worst-case scenario.

Source: Reuters