Fraport Greece, the company managing 14 Greek regional airports, recently marked a five-year milestone with its 440-million-euro investment program moving full-speed ahead for upgrade works across its network of operations.
Fraport's decision to invest in the upgrade of 14 regional airports in Greece is sending a loud message to global investors who are interested in doing business in the country.
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.
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.
Fraport Group announced strong revenue for 2017 driven by significant traffic growth at its airports, with those in Greece boosting revenue by 234.9 million euros.
More than 160 senior executives from the air transport and tourism sectors participated in the 5th Airport Chief Executives’ Symposium organized by Athens International Airport (AIA).
Airline executives are calling on the UK to come up with a post-Brexit regulation policy in order for the industry to continue operating as normal, following the country's exit from the EU.
Fraport Greece has boosted German operator Fraport’s turnover by approximately 181.4 million euros since April, when it took over 14 Greek regional airports.
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.
