Tag Archives: FRAPORT

Τhe Greek Finance Ministry has tabled bills to compensate the Athens International Airport managed by German Hochtief and 14 regional airports managed by German Fraport for losses in 2020 due to the pandemic. A bill that will provide 177.9 million euros to 14 regional airports managed by Germany-based Fraport was …

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Fraport Greece is disappointed. Data it collected in the first days of the opening of tourism in July are discouraging and show a drop by 90%, few passengers and very limited chances to reverse the situation. “Abnormal landing for airports and tourism prospects” General Development Director of Fraport Greece George …

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FRAPORT will be offering “off airport check-in” including luggage drop-off services in a specially designed area during the International Fair in Thessaloniki TIF. The service will be provided throughout the duration of the Fair, that is form 8th September to 16th September 2018. The service aims to better facilitate the …

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Fraport Greece and Greece’s biggest telecoms provider Cosmote announced they have reached a deal to upgrade the telecommunication systems in 14 regional airports on Thursday. According to the announcements, Cosmote will install telecommunication system, upgrade telecoms and IT infrastructure at the airports facilities. Among others, Cosmote  will offer a private …

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In a statement issued on Wednesday, low-budget airline Ryanair confirmed earlier reports that it cancels domestic flights to/from airports in Chania and Rhodes, although it does not make explicit reference to the Rhodes airport, KTG understands. Ryanair closes its hub in Chania with the result that also international flights will …

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Ryanair’s displeasure with looming rate hikes at 14 regional airports managed by a Fraport-led consortium came this week from official lips, with the low-cost airliner’s chief commercial officer, David O’Brien, complaining that the hikes impede growth in Greece’s air travel sector, especially during off-season months. Higher rates at the 14 …

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The German-Greek consortium FRAPORT plans to claim a compensation of 70 million euros from the Greek state citing “the miserable condition of the 14 regional airports it acquired in April. The unprecedented high amount is almost double than the amount the Greeks received for selling their national railway TRAINOSE to …

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Apparently the Greek Civil Aviation Authority had left the 14 regional airports in the darkness. Therefore, when the German-Greek consortium FRAPORT took over last April, they found a total of 12,000 burned out bulbs in the fourteen regional airports. Fraport claims come just two weeks after the Greek Transportation Minister …

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Greece’s Transportation and Infrastructure Minister Christos Spirtzis criticized the German-Greek consortium Fraport Hellas that has leased 14 regional airports since the beginning of the year. “Fraport does not operate the airports better than the Civil Aviation, we have problems even with the cleanness in the toilets,” Spirtzis said in an …

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Fourteen provincial airports around Greece now managed by a Fraport-led consortium continue to post higher passenger traffic in the first six months of the year, with the overall increase put at 11.9 percent, compared with the same period of 2016. Specifically, between January and June 2016, 9.64 million passengers passed …

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Firefighters transferred to the Fraport airports of the cosmopolitan islands Mykonos and Santorini  are literally struggling to survive because the low wages do not allow them a descent living. They sleep on mattresses on the floor, inside fire trucks or even ambulance vehicles, they can hardly get a meal for …

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Greece has formally completed the transfer of 14 regional airports to a consortium led by Germany’s Fraport AG, in a privatization that is a key element of the country’s bailout program. The Greek state privatization agency says that under the deal signed Tuesday the consortium has paid a 1.23 billion-euro …

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Greece will conclude a 1.2 billion euro ($1.3 billion) airport deal with a Fraport-led consortium later this month, signalling the country’s biggest privatisation venture so far under its international bailouts. Privatisations have been a key pillar of Greece’s three international rescue programmes since 2010 but have reaped only 4 billion …

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The Greek government expands the airport levy of 12 euros for flights departing from Greece to all airports including the regional airports. The levy will start to be imposed after the operation date of the 14 regional airport and until November 1st 2024. After this date, the levy will be …

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This is how privatization looks like: Greek banks lend the German state millions so it can buy Greek airports and modernize them. This is investment in the debt-ridden country. A consortium of financial institutions signed a long-term agreement worth approximately 1 billion euros with Fraport Greece to finance the 40-year …

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German Fraport will impose an extra fee of 13 euro on every ticket for flights using the fourteen regional airport the German company acquired The charge was included in the terms of the concessions agreement signed between the Greek State and Fraport, daily Ta NEA notes. The extra charge will …

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The biggest privatization case is not lost. German state-run enterprise FRAPORT expressed confidence that it can indeed sign the contracts for the privatization of 14 regional Greek airport in a couple of months. The deal that was threatened to go bust in August when the German partner of the German-Greek …

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