Location: Frankfurt, Germany
Website: https://www.fraport.com/de.html
Flughafen Frankfurt/Main AG (often abbreviated FAG) was the official Flughafen Aktiengesellschaft Frankfurt/Main — the company that historically owned and managed Fraport AG and Frankfurt Airport, Germany’s largest and one of Europe’s busiest aviation hubs. The name FAG was used from the mid‑1950s through to 2001, when the company rebranded itself as Fraport AG ahead of its initial public offering.
Founded in the aftermath of World War II, the organisation that became FAG emerged from Verkehrsaktiengesellschaft Rhein‑Main and took over responsibility for civil aviation at Frankfurt’s Rhein‑Main Airport as commercial air travel expanded rapidly in the 1950s. Under the FAG name, the company oversaw the postwar reconstruction and expansion of the airport, including growth in passenger facilities, runways and cargo infrastructure as jet aircraft became the norm and international travel surged.
For decades, Flughafen Frankfurt/Main AG was governed as a joint‑stock company with major ownership stakes held by the State of Hesse, the City of Frankfurt and the Federal Republic of Germany, reflecting its dual public‑service and commercial roles. As FAG, it managed not only airport infrastructure and operations — such as terminals, runways, ground services and logistics — but also played a significant role in regional economic development, employing thousands and underpinning Germany’s busiest air gateway.
In 2001, as part of a strategic shift towards wider commercialisation and globalisation, FAG transformed into Fraport AG Frankfurt Airport Services Worldwide, adopting a more internationally recognisable brand ahead of listing on the Frankfurt Stock Exchange. Since then, the company has continued to operate Frankfurt Airport while expanding into airport management and investment roles around the world, though the legacy of FAG remains embedded in the modern history of European aviation.