Fraport Confident On Greek Airports Deal

September 30, 2015

Fraport is confident it can sign contracts for an airports concession in Greece in the next three to six months, its chief executive said.

"We are in very intensive talks with Greece," Stefan Schulte said.

Greek economy minister George Stathakis said in August that the EUR€1.2 billion (USD$1.35 billion) deal may be wrapped up in March.

Greece named Fraport and its Greek partner, energy firm Copelouzos, as the preferred bidder to operate 14 airports in tourist destinations, including Corfu and Santorini, at the end of last year.

(Reuters)