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ePaper created 2014-08-08, 11:09:35 | version 1.32.01
Strengthening the region In 2013 Deutsche Lufthansa AG and Fraport AG once again awarded numerous contracts to companies in the Rhine-Main region. The regional contract volume for the two compa- nies came to more than EUR 2 billion. These expenditures create jobs and contribute to local value creation. Lufthansa in particular contributes to securing employment and value creation in the Rhine-Main region with its more than EUR 1.5 billion in expenditures for regional suppliers and services. Numerous companies in different industries in the Rhine- Main metropolitan region profit in everything from the security equipment at the airport to the locally cultivated cuisine and wine on the on-board menu. The great macroeconomic importance to the region of Frankfurt as an international hub was recently confirmed by a report commissioned by Fraport AG from the independent Swiss consulting and research firm Infras. According to this report, Germany’s largest aviation hub secures roughly 116,000 jobs with businesses and companies on the airport’s premises (“direct effects”) and with suppliers and ser- vice providers, including those outside the region, further along the value chain (“indirect effects”). This is equivalent to 2.9% of the total employment figure for Hesse. The value added arising from these employment effects amounts to EUR 9.1 billion, or 3.4% of the entire Hessian economy. Currently, every 30th euro in Hesse is exchanged directly at or because of Frankfurt Airport. Moreover, the airport has contributed to the creation of some 59,000 further jobs through the consumption patterns of those with disposable income derived from employment with airport busi- nesses and suppliers. Some 175,000 people therefore benefit from the positive economic effects of aviation in Frankfurt. 11 Terminal A-Plus at Frankfurt Airport. [Ú 11] Sustainability Report Balance // Issue 2014 // Lufthansa Group // 41