Frankfurt Airport

A three-way consortium comprising Fraport AG, Pileas SA (Constantakopoulos Group) and Delta Airport Investments SA (Kopelouzos Group) has been named as the preferred investor for Kalamata airport by the Superfund.

Some regional airports will shut down briefly and gradually between November 2024 and February 2025 for runway upgrades, manager Fraport Greece announced on Wednesday.

Plovdiv Airport has announced the resumption of direct flights to Manchester, with the inaugural flight scheduled to depart on December 14, as reported by Plovdiv24.bg. This development comes thanks to the support from the Development Fund, which has been instrumental in facilitating this service.

Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or avoid affected airspace.  

Aegean Airlines has canceled flights to and from Beirut until October 31 and to and from Tel Aviv until October 6.  

Air Algerie has suspended flights to and from Lebanon until further notice.  

The renovation and expansion projects for Greece’s largest airport, Eleftherios Venizelos, are set to begin in the first quarter of 2025, with early indications showing positive pre-bookings for the 2024/2025 winter season.

Airlines from the Lufthansa and Air France groups have suspended flights to and from Israel for security reasons, as reported by DPA.

Passenger traffic at the 14 regional airports managed by Fraport Greece reached 25.64 million passengers in the eight months of this year, up 6.4% compared to the same period last year.

Greek airports are showing impressive performance, with passenger traffic for the first seven months of 2024 signaling a record-breaking year.

Fraport Greece, the operator of 14 regional airports, saw turnover rise 5.1% to €201 million during the first half of the year.

Earnings before interest, taxes, depreciation and amortization (EBITDA) rose 12.2% to nearly €103 million and passenger traffic was 7.8% up, to 12.7 million, with only Mykonos Airport showing a decline. 

Aegean Airlines has suspended all flights to and from Tel Aviv's Ben Gurion International Airport until Tuesday due to escalating tensions in the Middle East.

The airline has also canceled flights to and from Beirut's Rafic Hariri International Airport until Thursday.