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Travel & Tourism industry news by Greek Travel Pages (gtp)

Greece Receives €180m Loan for Kastelli Airport Project

The European Investment Bank (EIB) will provide a 180-million-euro loan to Greece for the construction of the Kastelli airport on Crete.

Attica, Mykonos Hold Biggest Share of Duty Free Shopping Sales

Attica, Mykonos, and Macedonia are in the lead in terms of duty free shopping sales, according to data released by Global Blue.

Fraport Greece Priorities: Extending Tourism Season, Promoting Destinations

Fraport Greece says it is committed to extending the tourism season by increasing inbound traffic and attracting more airlines to the Greek market.

Fraport Greece Regional Airport Upgrades Almost Complete

Fraport Greece has completed 80% of its investment program, with the airports of Thessaloniki, Corfu, Kos, Mykonos and Santorini being last on its project list.

Greek Airport Manager Fraport Calls for Complementary Infrastructure

Upgrades at Greece’s 14 regional airports are moving full speed ahead but complimentary infrastructure is needed, says Fraport CEO Alexander Zinell.

Three Greek Airports Listed Among Europe’s Top 10 for Tardiness

Three airports in Greece - Mykonos, Santorini and Athens - have been listed by AirHelp among Europe’s top 50 in terms of flight delays.

AirHelp: Greece Flight Delays, Cancellations Up by 7%

Three in 10 flights departing from Greece, were either delayed or cancelled in the first seven months of the year, an AirHelp report reveals.

EU Approves Compensation for Connecting Flight Delays

A new EU ruling entitles air travelers to compensation of up to $700 if a connecting flight on the same reservation is delayed or cancelled.

Fraport CEO: Greece’s Regional Airport Upgrades Completed by 2021

The 14 Fraport-run airports across Greece are slated to be completed in 2021, according to the company’s CEO Alexander Zinell.

AirHelp: Athens Airport Ranks 3rd Among World’s Best

Athens International Airport has been ranked third in AirHelp’s 7th annual listing of the world’s best airports and airlines for 2019.

Fraport Greece Reports Progress at 14 Regional Airports

Fraport Greece has completed works at the airports of Zakynthos, Kavala and Chania, and is moving full speed ahead with more upgrade projects at another six airports.

UK Nationals Get Visa-free Access to EU Post-Brexit

British nationals wishing to travel to EU countries will be able to do so without a visa after the UK leaves the Union, even in a no-deal scenario, according to European lawmakers.

Makedonia Airport Runway Set to Open by Year-end

The most anticipated upgrade project of Makedonia Airport, runway 10-28, is set to open to planes by the end of the year.

Greek Gov’t to Name Financial Advisor for 23 Smaller Airport Projects 

The Greek Transport Ministry will name a financial advisor in the coming period to move ahead with the exploitation of 23 smaller airports across Greece.

Fraport Greece Traffic Revenue Rise Boosts Mother Company Profits

Fraport’s Greece and Brazil airports accounted for two-thirds of the parent company’s increase in revenue last year, which rose by 18.5 percent to almost 3.5 billion euros.

STR Survey: Limited Impact of Brexit on Travel, but UK Image Hurt

The Brexit issue has had little impact on travel plans, but has created a negative perception of the UK among European travelers, according to a survey by STR.

Greece Duty Free Shopping Picks Up Pace in 2018

Duty free sales with emphasis on fashion, watches and jewelry, increased in 2018 on the back of a good year in 2017 and driven by the stronger tourist flows to Greece.

Bloomberg: Greece Working to Keep UK Travelers Coming After Brexit

The Greek government is reportedly taking measures ahead of a no-deal Brexit, in efforts to facilitate incoming tourism from the UK.

Brexit, Airport Investment and User Fees Challenges Ahead for Aviation Industry

Brexit, airport capacity, investment and user charges are expected to be the main challenges in the year ahead for the EU’s aviation industry, according to ACI Europe.

Thessaloniki Airport New Navigation System to Address Fog Issues

Performance Based Navigation (PBN) will be implemented at Thessaloniki’s Makedonia Airport to address issues of poor weather that has led to the cancellation of flights.