Fraport and its partner Copelouzos Group have been selected as preferred investors for a 40-year operating concession by the Hellenic Republic Assets Development Fund for 14 regional airports in Greece.
The airports include Aktio, Chania (Crete), Kavala, Kefalonia, Kerkyra (Corfu), Kos, Mitilini, Mykonos, Rhodes, Samos, Santorini, Skiathos, Thessaloniki and Zakynthos. Combined, these airports served a total of about 19.1m passengers in 2013. The total purchase price of €1,234m will be paid by the time of closing, which is expected in the autumn of 2015. It is understood that Fraport will hold a majority share in the consortium.
