GREECE. Airport company Fraport has won the concession to operate Kalamata Airport in Greece, following a tender. Fraport and its Greek partners – Delta Airport Investments (Copelouzos Group) and Pileas (Constantakopoulos Group) – secured the deal with a bid of €45.2 million.
The concession covers terminal operation and other landside and airside infrastructure management, including retail and parking. It will run for 40 years, with operations tentatively set to begin in late 2025, pending final approvals. The signing of the concession agreement is planned for mid-2025.
The consortium has committed to modernising and expanding the terminal infrastructure at Kalamata Airport with capital expenditure of €28.3 million within the first three years of the concession.
During the 40-year concession period, the Hellenic Corporation of Assets and Participations S.A. (HCAP), also known as Growthfund, will receive additional dividends on top of the concession fees from a 10% stake in the operating company. The concession fees, which include the upfront fee, and the dividends will amount to a total revenue of €71.2 million for the Growthfund.
Fraport CEO Dr. Stefan Schule stated: “We are delighted to add Kalamata Airport to our Greek portfolio. Together with our partners, we are going to further develop the airport and realise its full potential over the coming decades.”
In 2024, an estimated 330,000 passengers will use this airport in the south of the Peloponnese. The peninsula, renowned for historic sites such as Messene, Olympia, and Sparta, allows visitors to explore ancient Greece. The landscape blends sandy beaches and mountains that contribute to making the region an appealing travel destination, said Fraport.
Fraport has been active in Greece since 2017, managing 14 regional airports. ✈
