50 SKY SHADES - World aviation news

Fraport To Sign Greek Airports Deal Within 10 Days

Download: Printable PDF Date: 08 Dec 2015 14:38 (UTC) category:
Publisher:
Fraport To Sign Greek Airports Deal Within 10 Days - Airports / Routes publisher
Tatjana Obrazcova
Country: Greece
Source: Reuters

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.





Recommended

Norway unveils five sites for landmark hybrid-electric aircraft demonstrations in 2027

Bristow Group Inc., in partnership with Electra, Avinor and the Norwegian Civil Aviation Authority (CAA Norway), will undertake a series of demonstration flights across five locations in Norway using...

BPE Air reports nearly US$90 million in 2025 revenue as Aldrew Crowe advances integrated aviation platform

BPE Air, the aviation company founded and wholly owned by entrepreneur Aldrew Crowe, reported approximately US$90 million in revenue in 2025, marking a major milestone in the growth of its integrated...

Piaggio Aerospace returns to NBAA-BACE, highlighting the P.180 Avanti EVO

Piaggio Aerospace will return to NBAA-BACE this October, bringing its flagship P.180 Avanti EVO to one of the most important gatherings of the global business aviation community while also highlightin...

Celebrating 10 years of the Vision Jet, the aircraft that changed personal aviation

Cirrus Aircraft is celebrating the 10th anniversary of its Collier Trophy-winning Vision Jet at NBAA-BACE 2026, marking a decade of innovation that has continuously advanced the world&r...

Android Apps development in Riga, Latvia