connect with us

Airport Ground Handling Companies Hit Financially

Airport ground handling companies here in Greece now suffer the same financial blows felt by airlines after the New York terrorism attack. Airlines, in an dire attempt to cut costs wherever possible, have made life unbearable for some independent companies, not least of which are...

German Fraport Calls on Greece to Respect Airport Contract

Frankfurt-based transport company Fraport is calling on Greece to honor a 1.2 billion euro deal set to close in October, for the management of 14 regional airports.

Ryanair Says ‘No’ to Privatization of Greece’s Regional Airports

Irish low cost carrier Ryanair said it was against the privatization of Greece’s local airports, proposing instead that the Greek government announce a new bid which will have the increase in passenger traffic as a prerequisite.

Greece Privatization Projects Move Ahead as Scheduled

The privatization of regional airports as well as of the Piraeus port will move ahead as scheduled, the Greek finance ministry said in a document it sent to the Eurogroup on Monday.

Greek Government Reviews Regional Airports Deal

The Greek government is expected to stick to its commitment to its international lenders and go ahead with privatization projects already underway, which includes renegotiating the agreement with Frankfurt-based transport company Fraport to run 14 regional airports.

Greece’s New State Assets Body to Fund Social Security, Not Debt

Greece’s privatization fund, known as TAIPED (Hellenic Republic Asset and Development Fund), will be replaced by the Public Wealth Fund following a decision on Tuesday, by Deputy Finance Minister Nadia Valavani.

Greece in Talks with Chinese for Kasteli Airport Project

Kasteli airport, to be constructed on the island of Crete, will be on the agenda of talks in the coming days between Economy Minister Giorgos Stathakis and a delegation from China’s State Construction Engineering Corporation (CSCEC).

Privatization of Greek Airports, Ports Pick Up Pace?

The privatization of Greece’s airports and docks, a subject of controversy over the past few months, is said to be proceeding full speed ahead.

German Fraport Airport Contract Still Up in the Air

The Greek government has put a 1.2 billion euro deal with Frankfurt-based transport company Fraport for the management of 14 regional airports on hold, citing the need to re-examine the terms and conditions of the agreement.

German Fraport Takes Over Operations of 14 Regional Airports in Greece

German transport company Fraport will take over the management of the Greek regional airports located in Thessaloniki, Corfu, Chania, Kefalonia, Zakynthos, Aktion, Kavala, Rhodes, Kos, Samos, Mytilini, Mykonos, Santorini and Skiathos.

Greece’s Airport Deal with Fraport Sparks Reactions

The Greek government's decision to privatize four airports in the Ionian region, has sparked angry reaction from regional and local authorities.

Minister Says NSRF Funds Won’t Be Lost, Airports Deal in March

Economy, Infrastructure, Shipping and Tourism Minister Giorgos Stathakis reassured reporters on Wednesday, that capital controls will soon be lifted, liquidity is improving and the privatization of 14 airports will most likely be completed in March.

Greece Assets Fund Pushing Privatization Projects

Greece’s assets fund is moving ahead with projects that have been put on hold since the elections in January, with top priorities the privatization of a 30 percent share of Athens International Airport (AIA) and 14 regional airports.

Germany’s Fraport Expects Airport Deal with Greece to be Completed in Q4 2016

Greece's airport deal with Frankfurt-based Fraport is expected to be completed in the fourth quarter of 2016, according to the transport company's CEO, Dr. Stefan Schulte.

Athens Airport Hosts Third ACES Event for Aviation Family

More than 140 top executives from air transport, the financial sector and the tourism industry attended the 3rd Airport Chief Executives’ Symposium (ACES – Athens) last week, an Athens International Airport (AIA) initiative hosted in the Greek capital annually.

Greek Airports Deal to Go Down in Black and White

The privatization agreement between the government and German contractor Fraport-Slentel for the management of 14 regional airports in Greece is set to be finalized in 10 days.

Aegean VP Says Airports Deal a Step in the Right Direction

The privatization agreement between the government and consortium Fraport-Slentel for the 40-year management of 14 regional airports in Greece, which was finalized on Monday, is a step in the right direction, the vice president of the country’s biggest carrier, Aegean, said.

Greek Airport Manager Fraport Busy with 4-year Expansion Plan

Works are set to get under way across the network of 14 regional airports that Frankfurt-based transport company Fraport took over late last year in a privatization deal that brought a total of 1.2 billion euros to Greek state coffers.

Assets Fund Says Airports Deal to Boost Greek Coffers by €14bn

State coffers are set to get a much-needed boost to the tune of 14 billion euros following the privatization of 14 regional airports late last year, the Greek assets fund said on Monday.

Fraport Airports Management Visits Skiathos, Touches Base

Within its recent series of visits to the 14 regions in Greece where German transport company Fraport will operate the local airports, a management team visited the Sporades island of Skiathos to touch base ahead of the launch of operations there next year.