Passenger loss at Antalya Airport: Fraport's profit fell by 29 percent

Fraport reported a 28.8% decline in net profit for the first nine months of the year as passenger traffic at Antalya Airport, which it co-operates, fell by more than 3%. The drop in travelers at the Turkish hub weighed on the German airport operator's financial results and highlights pressure on demand at the facility. The figures also reflect the impact of a new operating schedule at Antalya. Investors will watch whether passenger volumes recover in the coming quarters and how the revised operating timetable affects Fraport's earnings.