German airport operator Fraport will sign a EUR€1.2 billion (USD$1.3 billion) deal to lease and manage 14 provincial Greek airports this month.
"We will proceed with signing the agreement with Fraport within the coming 10 days," the head of privatisation agency HRADF, Stergios Pitsiorlas, told a news conference.
The deal, under negotiation before the Syriza party won a general election in January and initially froze asset sales, will be the first major privatisation completed under Prime Minister Alexis Tsipras.
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FL Technics Indonesia, the first MRO in Indonesia to be appointed as a GE Aerospace avionics support partner, has signed a service support agreement with GE Aerospace covering Boeing 737 and Airbus A3...
British Airways has unveiled the next phase of its Heathrow lounge transformation programme, marking the beginning of a significant investment aimed at modernising every lounge across the airport in t...
Rising production rates and the launch of new aircraft programs are driving increased demand for manufacturing capacity across the aerospace industry. To support this growth, FACC plans to i...