Fraport Greece: €400 million investments in 14 regional airports by 2021 - 50,000 resumes for 500 positions

Fraport Greece plans to invest more than 400 million euros by 2021 for the upgrading and expansion of the facilities in the 14 airports that are expected to come under its management by the end of January.

This was announced by George Vilos, the executive director of commercial and business development of Fraport Greece who adressed the 15th Tourism & Development Conference of the Greek Tourism Confederation (SETE) noting that the company is seeking to fill in some 500 positions and has already received some 50,000 resumes.

According to him, Fraport Greece expects the 14 airports to serve at least 31 million passengers in the next decade and the passenger fee at the regional airports will be 13 euros, which is the price set by the concession agreements ratified in Greek parliament.

Nowadays the average airport fee at regional airports, which includes a charge for using the airport and a “modernization and development tax” (spatosimo), is some 12,7 euros per departing passenger.

Fraport's executive director clarified that the 13-euro fee will include all charges (including the spatosimo) and remain fixed for a period of four years in which time Fraport will be required to implement investments totalling 330 million euros at the airports it manages.

Once investments are completed, the charge can increase up to 18,5 euros, he added.

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