Development Plans
As part of its mandate for taking over management and operations at the 14 airports, Fraport Greece realized a comprehensive plan for the modernization and development of the airports. The company’s plan included immediate projects and development works for upgrading the airports’ facilities, which contribute significantly to improving the overall customer travel experience, while responding to the expected increase in passenger traffic.
Fraport Greece launched the airport development program in April 2017, in tandem with the start-up of its concession for managing eleven island and three mainland airports across Greece. Despite various challenges, construction works advanced successfully throughout the first three years, including the peak summer travel periods – and even continued during the pandemic; having to overcome many difficulties and challenges. In January 2021, Fraport Greece concluded the last of the construction works for the 14 airports – well ahead of the April 2021 contractual deadline.
Fraport Greece’s innovative €440 million airport development program has significantly transformed these airports. In particular, Fraport Greece has delivered five brand new terminals, expanded and modernized five existing terminals, and upgraded four other terminals. Construction projects at airside operational areas of the regional airports included renovating 12 runways, improving ramp areas, and constructing and renovating 12 fire stations. All of the airports have also been equipped with new state-of-the-art baggage handling and security detection systems.