Fraport Greece plans major expansion and eyes 22 regional airports
Fraport Greece is preparing for a major expansion of its operations, signaling both immediate infrastructure investments and longer-term strategic ambitions. The company, which currently manages 14 regional airports across Greece, has announced plans to upgrade four key tourist hubs and is also considering bidding for 22 additional airports expected to be tendered soon.
The state-run GrowthFund is finalizing the terms for an international tender involving 22 small regional airports currently under the jurisdiction of the Civil Aviation Authority. Fraport Greece has expressed interest in participating once the official process begins.
Meanwhile, the company is moving forward with an ambitious €200 million investment plan to expand and modernize its existing airport facilities on the islands of Corfu, Kos, Mykonos, and Santorini—destinations that continue to experience rapid growth in tourism. The upgrades aim to ease congestion and improve passenger experience, as current infrastructure nears capacity limits.
“These airports are strategic assets for Greek tourism, and their expansion is essential to meet future demand,” a company spokesperson said.
Fraport Greece is a subsidiary of Germany-based Fraport AG, operating in partnership with Greek investors the Konstantakopoulos Group and the Copelouzos Group. The same consortium is also poised to take over operations at Kalamata Airport, following a successful bid in an international tender process.
In addition to its large-scale expansion plans, Fraport Greece will allocate another €50 million annually for smaller maintenance and infrastructure improvement projects across its airport network. The company is also benefiting from a separate €150 million public investment program—managed through the GrowthFund—which is currently upgrading runways and taxiways to enhance safety standards.
Further infrastructure enhancements are underway at the airports of Zakynthos, Kefalonia, and Hania to prepare for increased tourist traffic in the years ahead. Notably, the commissioning of a new radar system in Andravida, in the western Peloponnese, will improve air traffic control for Zakynthos and Kefalonia.
Fraport’s expanding role in Greece’s aviation sector reflects growing investor confidence in the country’s tourism-driven economy. If successful in the upcoming tender, the company could soon be managing a significantly larger share of the nation’s regional air traffic.
