Pictured left to right: Dirk Schusdziara, Managing Director, FraAlliance; Jens Ritter, CEO, Lufthansa Airlines; Dr. Pierre Dominique Prümm, Executive Director Aviation and Infrastructure, Fraport; and Jörg Harnisch, Managing Director, FraAlliance. Fraport and Lufthansa have formed a new joint venture, named 'FraAlliance', which aims to improve the quality of products and services at Frankfurt Airport. Each company holds a 50% share in the new venture, and they intend to use FraAlliance to strengthen their existing cooperation on strategic and operational matters at Frankfurt Airport and to deepen their long-standing partnership in relation to enhancing services at Frankfurt Airport's Terminal 1. The joint venture seeks to improve aspects relating to business development and operations, customer experience, infrastructure, intermodality, and sustainability.