Fraport

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FRAG

Fraport worried over terminal tender delay

By Vangelis Mandravelis

German transport company Fraport on Thursday expressed concern over the progress of the privatization process for 14 Greek regional airports, with the preferred bidder for the concession of the terminals citing delays in the procedure despite state sell-off fund TAIPED officials? recently expressed optimism.

Fraport deal on regional airports, uncertain

Fraport, the operator of Frankfurt Airport, said it was unclear if a deal to operate 14 Greek regional airports in tourist destinations would be completed said Reuters. Fraport, last year, was the preferred bidder for a deal for 14 regional airports but the assets sales had been in doubt after the Radical Left Coalition (SYRIZA) swept to power in the January 25 elections.

Greece seeks to change Fraport airports deal, source says

Greece is trying to change the conditions of a deal to lease 14 regional airports to a joint venture led by German airport operator Fraport, a source familiar with the matter told Reuters.

The deal, worth 1.2 billion euros ($1.3 billion), was agreed in 2014 but has been hit by turmoil caused by the election of the new leftist-led, anti-austerity government in January.

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