"Because of the overall downward trend in the cargo sector, Fraport expects a slight decline in cargo throughput at Frankfurt airport for the entire fiscal year 2011," it said as it published third-quarter results.
Lufthansa Cargo, based at Frankfurt airport, had said in October the freight market was getting tougher.
Fraport confirmed its forecasts for passenger growth at the upper end of 4-7 percent range for 2011 and a rise in earnings before interest, tax, depreciation and amortisation at the upper end of a 10-15 percent window.
For the third-quarter, Fraport reported revenue of 665.4 million euros ($904 million) and earnings before interest, tax, depreciation and amortisation of 287.9 million.
Analysts had been expecting the group to report third-quarter sales of 670 million and EBITDA of 292 million euros, according to a Reuters poll. (Reuters)