Fraport

Germany was plunged into disarray on Thursday as strikes erupted across multiple fronts, disrupting travel plans for millions and compounding the economic challenges of a nation already mired in recession.

Fraport Greece, which manages the country's 14 largest regional airports, saw its first-half turnover increase 37.4%, to €191 million, compared to the same period in 2022.

Operating profit (EBITDA) rose 25.3%, to €73 million. Passengers reached 11.8 million, of which 73% were international departures and arrivals.

Frankfurt Airpor operator Fraport on Tuesday said its 2023 core profit would hit the upper half of its forecast range after second-quarter earnings were boosted by strong travel demand. Among Fraport's international portfolio, its 14 regional airports in Greece benefited the most from holiday demand.

The resurgence of tourism, what many call Greece's heavy industry, signals the total recovery of the Greek economy, as everything shows that revenues will exceed those of  2019, which was a record year.

Specifically, travel receipts - according to industry authorities - may even top 20 billion euros, a level that even the most optimistic pundits did not expect.

Ljubljana – Fraport Slovenija, the company managing the Ljubljana Jože Pučnik Airport, will get a new head next month, as the term of Zmago Skobir expires at the end of September. He will be succeeded by Babett Stapel, who is currently serving as managing director, Fraport Slovenija told the STA. Skobir will remain a procurator and adviser to the management.

The agreement of state support due to COVID-19 to the company that manages the 14 regional airports of the country had a positive impact of 69.7 million euros on the financial divs of the Fraport Group for the first half of 2021.

Lufthansa is more than doubling its itinerary in Greece with the addition of seven brand new destinations for this summer. From May 21, 2021, Aktio, Chania, Corfu, Kavala, Kos, Mykonos, and Zakynthos will welcome the German air carrier for the first time. This is Lufthansa's largest increase in its 62 years of presence in Greece.

The 14 regional airports managed by Fraport Greece, have been certified by the International Airports Organization (ACI World) for their commitment to passengers, staff and other social partners, in implementing appropriate measures and best practices, aimed at stopping the spread of the coronavirus.

Bulgarian airports of Varna and Burgas became the first in the country to be awarded health accreditation by the International Airport Council, according to the press office of the operator Fraport Twin Star Airport Management AD.

Three months ahead of schedule, Fraport Greece has completed a major four-year infrastructure development program at the 14 regional airports that it operates in Greece, delivering redeveloped, safe and future-oriented airports that provide new services, greater comfort and more amenities to Greek and international travelers.