Reservation HOTLINE: +30 2695 053 337 EMAIL US
Reservation HOTLINE: +30 2695 053 337
Book Now
Reservation HOTLINE:
  • +30 2695 053 337
  • +30 2695 052 828
  • Email Us
  • Fraport Greece to Take Over 14 Greek Airports on March 15

    Share
    Tags

    German-Greek consortium Fraport Greece will officially take over the management of 14 regional airports in Greece on March 15, an official of the company told Reuters news agency on Wednesday.

    The consortium of German transport company Fraport and Slentel (a unit of Greek energy Copelouzos Group) inked a 40-year contract in December 2015 with the Greek state to manage the airports at 14 regions across Greece that include three mainland gateways (Thessaloniki, Aktion, and Kavala) and 11 airports on Greek islands (Chania on Crete, Kefalonia, Kos, Mykonos, Lesvos, Rhodes, Samos, Santorini, Skiathos and Zakynthos).

    Τhe 14 regional airports were expected to come under Fraport’s management this month. However, the takeover date was changed due to incomplete implementation of technical requirements.

    “Greece and Fraport Greece have agreed that the implementation of the concession agreement is planned for March 15”, a Fraport official told Reuters, speaking on condition of anonymity.

    The deal, considered a landmark privatization agreement, consists of an upfront payment of 1.234 billion euros and an annual payment of 22.9 million euros in lease payments for as long as the concession runs.

    Source: news.gtp.gr
    Share
    Tags
    Fraport

    Blog

    Our EuroHire Car Rental 'Blog' is and independant Blog. All blogs are issued in respect to Authors rights and references and sources are clearly noted. We hope you find our blogs informable.

    Follow Us

    Newsletter Sign Up

    Get the latest tips and suggestions for your visit to Zante / Zakynthos

    Follow Us

    Special Offer

    Summer Special

    EuroHire's Zante Special Offers

    Valid

    08/05/2019 - 30/06/2019

    promo code

    Related Posts

    The “new” to all Greece Overnight Stay Tax

    Beginning the year of 2018, every guest visiting beautiful Greece and our beautiful island of Zakynthos will have to...

    Greek island holiday guide: the Ionian islands

    The Ionian islands lie off Greece’s western coast in a line from Zakynthos in the south to Corfu in...

    ‘Navagio’ on Zakynthos Named World’s Top Beach for 2018

    The Shipwreck beach, also known as “Navagio”, located on the Greek island of Zakynthos in the Ionian sea, ranks first...