Fraport preferred bidder for Greek airports concession

Fraport Frankfurt Airport Services Worldwide and its partner Copelouzos Group have been selected as preferred investor for a 40-year operating concession by the Hellenic Republic Assets Development Fund (HRADF) for 14 regional airports in Greece:  including Aktio, Chania (Crete), Kavala, Kefalonia, Kerkyra (Corfu), Kos, Mitilini, Mykonos, Rhodes, Samos, Santorini, Skiathos, Thessaloniki – Greece’s second largest city – and Zakynthos.  Combined, these airports served a total of about 19.1 million passengers in 2013. The total purchase price of €1.234 billion will be paid by the time of closing, expected in the autumn of 2015.  Fraport will hold a majority share in