Fraport AG

FRA: XETR (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Initiating Coverage on Fraport, the German Airport Operator

Jack Fletcher-Price

Apr 13, 2026

Business Strategy and Outlook

Fraport is the owner and operator of Frankfurt Airport, a cargo and transfer hub, and Germany’s largest airport. The State of Hesse and City of Frankfurt maintain a 31.31% and 21.12% shareholding, respectively.

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Fraport AG

Initiating Coverage on Fraport, the German Airport Operator

Business Strategy and Outlook

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