Tag Archives: regional airports

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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With music, dance, local specialties and water arches, Greeks welcomed the first tourists at the regional airports of the country that opened again for international flights on July 1, marking the much anticipated start of the tourist season. At the airport of Rhodes, a local dance and music group entertained …

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Greece has opened the way for the privatization of another regional airports, 23 in total. The airports are mostly located on islands in the Aegean Sea, several in mainland and two in Peloponnese. The relevant decision by the Ministry of Transport and Infrastructure has been published in the official gazette …

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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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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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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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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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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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Yesterday, we “celebrated” the Greek government decision to seal the deal and give the privatization of the country’s top 14 regional airports to German-Greek consortium Fraport-Slentel. Yesterday, we welcomed German state-run enterprise FRAPORT for ‘helping  Greece’ as some German media underlined. Today, FRAPORT seems to reconsider the offer it made …

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Who would have though! A German company, airport operator FRAPORT won the bid to operate and maintain 14 regional airports, considered to be top of the top in Greece. With an offer of 1.23 billion euro, the consortium of Fraport -Slentel (a unit of Greek energy group Copelouzos) won the …

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It comes as expected. Hardly they were sworn-in, ministers of Greece’s new coalition left-wing/nationalists government SYRIZA-Independent Greeks made a revolutionary step: they announced the halt of  privatizations. Not that privatizations of state assets were been moving in the same speed the Troika has been demanding in the last five years. …

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Low cost airline Ryanair promised to bring 10 million tourists to Greece within the next three years, should Athens airport “Eleftherios Venizelos” reduce taxes and fees. The intentions and promises were table on Tuesday by deputy CEO and director of Ryanair business operation manager Michael Cawley during a press conference. Ryanair asked …

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