14 Regional Airports
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HRADF successfully concluded an international tender process that resulted in the concession of the right to develop and operate 14 regional airports in Greece. In particular, two 40-year concessions to upgrade, maintain, manage and operate two clusters of seven regional airports (per each) have been conferred to a consortium of companies consisting of Fraport AG Frankfurt Airport Services Worldwide and Slentel Limited of Copelouzos Group.
Cluster A comprises of the airports of Thessaloniki, Kerkira, Kefalonia, Aktio, Zakinthos, Kavala and Chania and Cluster B comprises of the airports of Rhodos, Samos, Skiathos, Mytilene, Mykonos, Santorini and Kos.
Throughout the concession period, the Hellenic Republic shall enjoy a number of benefits, which, besides the significant payments consisting of the upfront, the annual and the variable concession fee, include the improvement of the quality of airports services by means of significant investments. HCAA’s role as regulator and supervisor of airport services will be enhanced, while it shall continue to retain the provision of air navigation services.
HRADF, in coordination with the Greek State and HCAA, is currently working towards the fulfillment of the conditions precedent for the closing of the transaction and the concession commencement date, envisaged to take place in the next months. The concession agreements have been ratified by the Greek Parliament by Law 4389/2016 (A 94) and are publicly available on the Parliament’s and the Official Gazette’s website.
The Hellenic Republic has appointed Citigroup and Eurobank Group as its financial advisors and Your Legal Partners, Drakopoulous & Vasalakis Law firm and Norton Rose as its legal advisors to assist with the privatization of the 14 regional airports.
DOWNLOADS
- 23 Regionals RfP for Advisor.pdf
- Press Release -Three binding bids for the right to use, operate, manage and exploit Regional Airports (2014.10.10)
- Press Release - The tender process for the Regional Airports moves to phase b (2013.09.10)
- Clarifications & Answers Regional Airports (2013.05.30)
- Regional Airports: Extension of the deadline for the submission of clarification requests - Cluster B (2013.05.27)
- Regional Airports: Extension of the deadline for the submission of clarification requests - Cluster A (2013.05.27)
- Clarifications & Answers: Regional Airports (2013.05.27)
- Clarifications & Answers Regional Airports (2013.05.16)
- Regional Airports: Amendment to the Invitation – Cluster A (2013.05.16)
- Regional Airports: Amendment to the Invitation – Cluster B (2013.05.16)
- Regional Airports (Cluster B) – Extension of submission deadline (2013.05.10)
- Regional Airports (Cluster A) – Extension of submission deadline (2013.05.10)
- Clarifications & Answers Regional Airports (2013.05.02)
- Clarifications & Answers Regional Airports (2013.04.26)
- Clarifications & Answers Regional Airports (Clusters A & B) - 2013.04.12
- Invitation to submit an expression of interest for the provision of services in relation to the operation and maintenance of the regional airports of the Hellenic Republic (Cluster B) - 2013.04.01
- Invitation to submit an expression of interest for the provision of services in relation to the operation and maintenance of the regional airports of the Hellenic Republic (Cluster A) - 2013.04.01