Fraport AG has won the concession to operate Kalamata Airport (KLX) in Greece, securing the deal with a bid of €45.2 million. The winning consortium, which includes Fraport and its Greek partners – Delta Airport Investments S.A. (Copelouzos Group) and Pileas Holdings S.A. (Constantakopoulos Group) – will oversee the operation of the terminal and other infrastructure, including retail and parking areas, under a 40-year concession. Operations are expected to begin in late 2025, pending final approvals, with the concession agreement due to be signed by mid-2025.
As part of the deal, the consortium has committed to modernising and expanding the terminal infrastructure at Kalamata Airport, with capital expenditures of €28.3 million planned within the first three years. During the 40-year concession, the Hellenic Corporation of Assets and Participations S.A. (HCAP), also known as Growthfund, will receive additional dividends from its ten-percent stake in the operating company. In total, the concession fees and dividends will generate €71.2 million in revenue for the Growthfund.
The airport in Kalamata, located in the south of the Peloponnese, is expected to handle approximately 330,000 passengers in 2024. The region is known for its historic sites, such as Messene, Olympia and Sparta, and its stunning landscapes, including sandy beaches and mountains, making it a popular travel destination.
Since 2017, Fraport AG has successfully operated 14 regional airports in Greece, focusing on modernisation and development to enhance the passenger experience.
