Fraport

In his first appearance at the Thessaloniki International Fair as prime minister on Saturday night, Kyriakos Mitsotakis is expected to outline the basic parameters of a four-year plan under the slogan "Growth for all" with a series of tax reductions anticipated to feature in his speech.

Last week we reported that the Greek government is enacting emergency measures to end flight delays in the country. But Greece is not the only state battling with this issue. More and more European countries seem to believe that government intervention is required as a solution to frequent flight delays. Bulgaria now joins the list.

Fraport Greece, the German-Greek consortium that manages 14 regional airports, posted an increase in revenues and a drop in net profits last year.

Tourism traffic this summer in Greece is slightly slower than last year, according to surveys, air arrival data and hoteliers.

The biggest pressure has been reported in Crete, as air arrivals dropped 7.2 percent in Iraklio in May and 5.6 percent in Hania. All other Fraport Greece-managed regional airports posted a decline averaging at 1.5 percent compared to a year earlier.

Tourist traffic data for 2019 is looking rather good, as Fraport Greece announced a first-quarter year-on-year rise of 8.2 percent at its regional airports, though this is attributed mainly to domestic rather than foreign travelers.

(Reuters) - Bulgaria has extended the deadline for submitting bids to run Sofia's airport for a third time, to Feb. 5 following changes in the documents for the concession contract, transport ministry data showed on Wednesday.

Bulgaria has extended the deadline for submitting bids to run Sofia airport for a second time, to Jan. 29, after numerous requests for clarification about the concession contract, a transport ministry spokesman said on Wednesday, reports Rueters.

An IT failure at Frankfurt airport could disrupt flights and result in cancellations on Tuesday, owner and operator Fraport said on its website, quoted by Reuters. 

Ambassador Geoffrey Pyatt stressed once more the importance of Greek-American strategic partnership and U.S. interest in investing in Greece.

U.S. interest in investing in Greece is growing fast and major American companies are ready to move in strategic sectors of Greek economy.

An overall increase of 11.4 percent in arrivals during the month of September was reported by Fraport at the 14 airports it manages across Greece.

According to Fraport, domestic passenger traffic increased by 5.9 percent year-over-year last month, while international passenger traffic rose 12.6 percent, with Thessaloniki, Mytilini and Kos seeing the largest increase.