Greece
Economy
Fraport Greece Reports Increasing Number of Flights at Regional Airports
The number of passengers travelling to Greece's regional airports was up by 12.3 percent in January of 2019 compared to January last year, according to a statement issued by Fraport Greece on Monday.
Passengers who came to Greece from abroad...
Economy
Fraport Presents Plan for New Thessaloniki Airport (video)
German company Fraport, owner of "Macedonia", the Thessaloniki airport, presented the plan for the new airport during the foundation laying ceremony on Wednesday.
The project will be completed in the first quarter of 2021 and includes the construction of a...
Economy
More Passengers Using Fraport Greece Airports
Fraport Greece, owner of 14 regional airports across the country, saw a double-digit percentage increase in passenger traffic in the January - May period, according to CEO Alexander Zinell.
Speaking to reporters on Monday, Zinell said that last year the...
Economy
Fraport Greece to Invest over 10 Million Euros for Kavala Airport
The development of the Kavala "Alexander the Great" Airport is estimated to cost over 10 million euros, and will be ready by 2019, Fraport Greece's managing director Alexander Zinell, said on Tuesday.
At a presentation of the company's plans, Zinell...
Greece
Fraport Greece Invests 30 Million for Kos Airport
Fraport Greece is to invest more than 30 million euros for the development of Kos "Hippocrates" International Airport.
The plans unveiled by Fraport Greece include the construction of a new terminal, a new fire station, and the refurbishment and extension...
Business
Fraport to Demand Compensation from Greece over Regional Airports
Germany’s Fraport is to demand compensation of around 70 million euros from the Greek government, for the deficient maintenance of some of the regional airports, Der Spiegel says.
The company has concluded a survey of the airports and it has...
Greece
Passenger Arrivals Rocket in Fraport-run Greek Regional Airports
International passenger traffic in the 14 regional airports managed by a Fraport-led consortium posted a 14.1% jump in the first seven months of the year compared with the same period of 2016, the company said on Wednesday.
According to the...
Greece
Fraport Greece Presents Plans for Corfu Airport
Fraport Greece presented its plans for the development and upgrade of Corfu airport, during a special event organized at the Chamber of Corfu.
"The condition in several of the 14 airports is very problematic, so our first goal in the...
Greece
Higher Departing Passenger Charges for 14 Regional Airports Operated by Fraport Greece
In accordance with the provisions of the ratification law of the Greek state concession contract on departing passenger charges and with immediate effect as of April 11, 2017, departing passengers from the airports of Aktion, Zakynthos, Thessaloniki, Kavala, Kerkyra...
Greece
Fraport Greece Officially Takes Over Control of 14 Regional Airports
Fraport Greece officially took over the management of 14 regional airports after the payment of 1.23 billion euros to Hellenic Republic Asset Development Fund (HRADF) on Tuesday, as envisaged in a concession contract signed with Greek authorities.
The first flight,...
Economy
Fraport Greece Signs €1-Billion Loan Agreement for 14 Greek Regional Airports
€A consortium of financial institutions signed a long-term agreement worth approximately 1 billion euros with Fraport Greece to finance the 40-year concession contract of the 14 Greek regional airports, according to a Black Sea Trade and Development Bank announcement...
Business
Fraport Greece Signs 30-Year Contract With Dufry for Duty Free Shops
Fraport Greece and Duty Free Shops signed a 30-year contract for Greece's 14 regional airports to be managed by Fraport.
Under the contract, Fraport Greece will more than double the space of commercial area from 5,000 sq.m. to more than...
Business
Fraport Deal Moving Forward With the Concession of 14 Regional Airports
The deal has been in the making for months and now the last obstacle standing in the way for the concession of 14 regional airports to Fraport Greece has been cleared.
Sources have announced that on Monday the state finally...
Business
Fraport Successfully Secures Lenders to Finance Regional Airport Privatization Project
The privatization project involving 14 regional airports in Greece is going ahead as scheduled according to banking sources who report that Fraport Greece has secured the necessary financing with four international credit institutions and a local bank.
The lenders for...
Greece
Fraport Pressuring Government to Suspend Work at Makedonia Airport
Work on a second runway at Makedonia Airport may be postponed in order to save the deal struck by Fraport in the privatization of 14 regional airports in Greece.
The Fraport/Slentel consortium recently threatened to abandon the operation of the 14 airports...