DGAP-Adhoc: Fraport AG Frankfurt Airport Services Worldwide has retracted its application for increasing airport charges for 2016


 
Fraport AG Frankfurt Airport Services Worldwide / Key word(s): Miscellaneous/Regulatory Admission 29.10.2015 07:36 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Effective today, October 29, 2015, Fraport AG Frankfurt Airport Services Worldwide (Fraport AG) has retracted its application filed on July 1, 2015, for increasing airport charges at Frankfurt Airport by 1.9 percent for the year 2016. As stipulated under Article 19b of the German Aviation Act, approval of these airport charges is required from the relevant state authority - for Frankfurt Airport this authority is the Hesse Ministry of Economics, Energy, Transportation and State Development (HMWEVL). Currently, the HMWEVL and Fraport AG have differing views regarding the calculation of essential cost elements - including capital costs. As a result, Fraport AG will re-examine the issue and submit a new application at the appropriate time. Until a new airport charge schedule comes into force the current charge schedule will remain valid also beyond January 1, 2016. 29.10.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Fraport AG Frankfurt Airport Services Worldwide - 60547 Frankfurt am Main Germany Phone: +49 (0)69 6 90-7 48 42 Fax: +49 (0)69 6 90-7 48 43 E-mail: [email protected] Internet: www.fraport.de ISIN: DE0005773303 WKN: 577330 Indices: MDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------