What Fraport Greece does

Fraport Greece is a private airport management company headquartered in Maroussi, Athens, that operates, manages, upgrades, and develops 14 regional airports across Greece under long-term concession agreements with the Hellenic Republic. The company is a majority-owned subsidiary of Fraport AG (Frankfurt Airport Services Worldwide) with 51% ownership, alongside Greek minority shareholders Delta Airport Investments S.A. (Copelouzos Group) and PILEAS S.A. (Constantakopoulos Group) at 24.5% each. In June 2026 the company expanded its portfolio by signing a new 40-year concession for Kalamata International Airport, adding a 15th airport under a €125 million investment programme managed by subsidiary KALAMATA AIRPORT S.A.

The company's core product is Airport Operations Management across the 14-airport network, which encompasses Aviation Services (airport charges, traffic figures monitoring, operating hours administration, flight schedule coordination, and commercial incentives to airlines) and Non-Aviation Services (retail, food and beverage, parking, advertising, real estate). A separate B2B services line offers partnership opportunities, advertising, events and promotions, aviation marketing, IT and telecoms infrastructure, and fast lane services. The underlying technology stack now centers on the AirportLabs Airport Community App, deployed network-wide as of February 2026, which provides real-time oversight, digitized inspections, and centralized data-driven management from a single platform; complementary infrastructure includes the December 2025 Thessaloniki photovoltaic park (approximately 3 MWp, 4.5 GWh annually) and the January 2026 MOMUS Air cultural space.

Fraport Greece earns revenue through regulated and unregulated airport charges paid by airlines (landing, passenger, aircraft parking), supplemented by commercial concessions on retail, food and beverage, advertising, and real estate. Go-to-market is primarily direct enterprise sales to airline partners and B2B partners; the customer base spans commercial airlines (Aegean Airlines as flag carrier, Ryanair, and 40+ additional carriers at Thessaloniki alone), approximately 37.1 million annual passengers, and Greek tourism stakeholders including the Greek National Tourism Organization, regional authorities, and hotel associations.

Name

Fraport Greece

Legal name

Fraport Regional Airports of Greece Management Company S.A.

Website

https://fraport-greece.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Fraport Greece operates, manages, and develops 14 regional airports across Greece under long-term government concessions, serving 37+ million annual passengers, 40+ airline partners, and tourism stakeholders as a majority-owned subsidiary of Fraport AG.

Ownership category

akta.pro rank

Headquarters

HQ city

Athens

HQ country

Greece

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Revenue model

1. Aviation Services: Airport management and operation fees including landing charges, passenger fees, and aircraft parking fees charged to airlines
2. Non-Aviation Services: Commercial revenues including retail concessions, food and beverage outlets, advertising, parking, and real estate leasing within airport terminals

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Fraport Greece operates, manages, and develops 14 regional airports in Greece (Aktion, Chania, Corfu, Kavala, Kefalonia, Kos, Mitilini, Mykonos, Rhodes, Samos, Santorini, Skiathos, Thessaloniki, and Zakynthos) under long-term concession agreements with the Greek government. The company delivers aviation services (airport charges, flight coordination, passenger handling) and non-aviation commercial services (retail, food and beverage, parking, advertising, real estate), serving 37.1 million passengers in 2025.

Product overview

Fraport Greece operates as an airport management company overseeing 14 regional airports across Greece under long-term concession agreements. The core offering consists of Airport Operations Management, which encompasses Aviation Services (airport charges, traffic management, flight schedules) and Non-Aviation Services (retail, food & beverage, parking). The B2B Services module provides partnership opportunities, advertising, events, IT & telecoms, and fast lane services. Recent additions include the AirportLabs-powered Airport Community App for digital operations across the network, the MOMUS Air cultural space at Thessaloniki Airport, and the Photovoltaic Park for sustainable energy. The company has also expanded through the Kalamata Airport concession agreement signed in June 2026, adding a 15th airport under its portfolio through the subsidiary KALAMATA AIRPORT S.A.

Differentiator

Problem solved

Functional benefit

Products and services

• Airport Operations Management Management and operation of 14 regional airports across Greece including infrastructure development, safety compliance, passenger services, and operational oversight.
• Aviation Services Core aviation operations including airport charges management, traffic figures monitoring, operating hours administration, flight schedules coordination, and commercial incentives for airlines.
• Non-Aviation Services Commercial activities beyond core aviation including retail, food and beverage, parking, and other airport commercial services for passengers and partners.
• B2B Services Business-to-business offerings including partnership opportunities, advertising at airports, events and promotions, aviation marketing, IT and telecoms services, and fast lane service.
• Kalamata Airport Concession 40-year concession for administration, management, operation, development, expansion, maintenance, and commercial exploitation of Kalamata International Airport. Managed by KALAMATA AIRPORT S.A.

Quantifiable outcome

• 48% traffic growth since 2016 (from 25M to 37.1M passengers)
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature2 records

Partnerships

14 partnerships are on record, tiered core, flagship and minor.

• AirportLabscoreTechnology or Integration · 1 February 2026Fraport Greece implemented AirportLabs' Airport Community App across all 14 regional airports, enabling real-time oversight, digitized inspections, and centralized data-driven management from a single platform. The partnership became fully operational in February 2026 following a successful tender process that began in November 2025.
• MOMUS (Metropolitan Organisation of Museums of Visual Arts of Thessaloniki)flagshipStrategic or Co-development PartnerStrategic partnership to establish MOMUS Air, a 163 sq.m. contemporary art and culture space at Thessaloniki Airport Makedonia. The initiative showcases material from MOMUS museum collections and is part of the National Recovery and Resilience Plan 'Greece 2.0', funded by the European Union - NextGenerationEU.
• DamcominorImplementation/ SI/ Consulting PartnerProject contractor for the installation of the photovoltaic park at Thessaloniki Airport Makedonia, the first photovoltaic project at a regional airport in Greece.
• RedexminorImplementation/ SI/ Consulting PartnerEngineering firm responsible for the study and technical design of the photovoltaic park at Thessaloniki Airport.
• TETRAGONminorImplementation/ SI/ Consulting PartnerDesign and construction company responsible for the overall design and implementation of the MOMUS Air digital museum space.
• KoutalidisminorImplementation/ SI/ Consulting PartnerLegal advisor to Fraport Greece on the sale of Marguerite's stake to Blackstone, involving Fraport Greece's 14 Greek regional airports.
• Athens International AirportcoreStrategic or Co-development PartnerCo-funded €4.7 million Voice Communication and Recording System (VCRS) upgrade for Greece's civil aviation sector alongside Fraport Greece and other aviation stakeholders.
• AEGEAN AirlinescoreStrategic or Co-development PartnerMajor Greek airline partner co-funding VCRS upgrade for Greece's air traffic control infrastructure as part of aviation sector donation.
• SKY expresscoreStrategic or Co-development PartnerGreek airline partner contributing to VCRS upgrade funding for air traffic control modernization in Greece.
• GEK TERNA GroupcoreStrategic or Co-development PartnerInfrastructure group contributing to VCRS system donation for Greece's civil aviation air traffic control upgrade.
• Greek National Tourism OrganizationcoreStrategic or Co-development PartnerCollaborating with Fraport Greece on Tourism Intelligence System development at Skiathos, coordinating existing tourism data with new primary research.
• Municipality of SkiathoscoreStrategic or Co-development PartnerDeveloping Tourism Intelligence System for sustainable destination management, incorporating advanced big data analytics tools.
• Region of Central MacedoniacoreStrategic or Co-development PartnerPartner in World Tourism Day gastronomy event at Thessaloniki Airport, positioning city as destination combining history, culture, and gastronomy.
• Thessaloniki Hotel AssociationcoreStrategic or Co-development PartnerCollaborating on tourism events and initiatives at Thessaloniki Airport to promote local hospitality and tourism industry.

Scale indicators10 records

Recent moves3 records

Expansion highlights5 records

Broad incumbents

• Fraport AG: Parent company and global airport operator running Frankfurt plus international concessions. Same operating model, broader geographic reach and financial scale.
• Aeroports de Paris (Groupe ADP): Operates Paris Charles de Gaulle, Orly and Le Bourget plus international subsidiaries (TAV, GMR). Comparable as a listed European airport operator with aviation and retail revenue.
• Copenhagen Airports (CPH): Listed operator of Copenhagen and Roskilde airports with similar aviation charge + commercial revenue structure. Comparable European regional airport operator model.
• VINCI Airports: Operates 70+ airports worldwide under concession contracts. Closest pure-concession-portfolio comparable to Fraport Greece's multi-country airport concession strategy.
• Flughafen Zurich: Swiss listed airport operator with aviation and substantial non-aviation (retail, parking, real estate) revenues. Comparable European airport operator with strong commercial mix.

Emerging players

• Airports of Thailand (AOT): Operates Thailand's six major airports under long-duration state concessions with similar aviation + non-aviation revenue mix. Useful as a comparable Asian regional airport operator.
• GMR Airports: Indian airport operator (Delhi, Hyderabad) with international development arm. Comparable emerging-market concession operator scaling aviation and non-aviation revenue.

Direct peers

• Aena: Spanish airport operator managing 46+ airports under a long-term concession framework with similar aviation and non-aviation revenue mix. Closest large-scale European comparable to Fraport Greece's multi-airport concession model.
• TAV Airports: Operates Istanbul Atatürk and other regional airports under concession, including duty-free, F&B and ground-handling services. Directly comparable as a regional multi-airport operator with mixed aviation/non-aviation revenue.

Regional players

• Athens International Airport: Operates Greece's flagship Athens airport and is not part of the Fraport Greece concession. Competes indirectly for Greek air-traffic share, particularly long-haul and connecting passengers.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedIngr.linkedin.com/company/fraport-greece
• Instagraminstagram.com/fraport.greece?igsh=M2o3MnI1c2lwcm1z

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries3 records

Funding overview

Funding rounds3 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fraport Greece