By Staff writer
Extra floor to be added at Frankfurt’s Terminal 3 to meet Gulf demands for more space
An additional floor is to be added at Frankfurt Airport’s under-construction Terminal 3 to house premium lounges for Gulf carriers.
Emirates, Etihad and Qatar Airways will reportedly get an entire floor to themselves at T3, enabling them to compete more aggressively with local carrier Lufthansa.
Bloomberg quoted Matthias Zieschang, chief financial officer of airport owner Fraport AG, as saying the extra floor is being added to meet Gulf operators’ demands for more space.
The design change is contributing to a one-year delay in the terminal’s completion to 2023 and may even push construction costs beyond the budgeted €3 billion ($3.3 billion), Zieschang said.
The new floor will also reportedly double the space reserved for luxury lounges, according to Bloomberg.
It was said that Fraport is under pressure to find alternative sources of growth as Lufthansa limits fleet expansion to develop its low-cost Eurowings airlines, which does not fly to Frankfurt, and the UK’s Ryanair moves in instead.