Corfu International Airport

Regional airports’ record year

Greece's 14 largest regional airports, managed by Fraport Greece, reported a million more passengers last year than in 2019. In total, passenger traffic reached 31 million passengers, or 3.4% from the record year of 2019, sources have told Kathimerini, though uncertainty is clouding the new year.

Air passenger data fly high

Greek airports are enjoying another year of growth in passenger traffic, which came to an impressive 10.3 percent in the first six months of 2017, according to official data. Athens airport has also recorded a notable rise, helped by the increase in flights.

Fraport spending for first 4 years up by 70 mln

In the first four years of its 40-year contract with the Greek state, Fraport Greece is planning to invest a sum of 400 million euros in the 14 regional airports it will take control of next month, according to the investment plan it released on Wednesday. The amount announced is 70 million euros higher than what the contract required.

Brussels clears regional airport privatization

The European Commission has approved the transfer of 14 Greek airports to a German-led consortium and says it's now up to Greece to finalize the deal, a key element of the country's bailout program.

The Commission says the 1.23-billion-euro agreement can go ahead as it did not involve state aid, was transparent and in line with market conditions.

SYRIZA government signs its first privatization concerning 14 regional airports

The Hellenic Republic Asset Development Fund (TAIPED) signed contracts with Fraport AG Frankfurt Airport Services Worldwide and its Greek partner Copelouzos Group for the 40-year concessions to operate, manage, develop and maintain 14 regional airports in Greece.