Lufthansa Consulting has been commissioned by the Hellenic Republic to advise in the development of public-private partnership arrangements for 37 regional airports. The project is part of a larger restructuring effort by the Greek Government to privatise state companies and infrastructure.

The project includes important international airports, such as Thessaloniki, many prominent island airports and tourist gateways, including Rhodes, Corfu, Kos, Mykonos, Santorini and Zakynthos, as well as smaller airports that currently handle low traffic numbers.

Lufthansa Consulting will operate as leading air traffic advisor, while its technical advisory partners, Doxiadis Associates and Alanna Consulting Group, as well as financial and legal advisor teams will be in charge of elaborating a strategy for optimal and sustainable development of the airports.

Among the wide range of tasks assigned to the traffic and technical advisory consortium are assessments of infrastructure, operations, commercial and service quality performance at all airports, as well as the preparation of air traffic forecasts, a master investment programme and a strategic national airport policy. At a later stage Lufthansa Consulting will play an essential role in preparing the tender documentation and contributing to a successful transaction process.

"Lufthansa Consulting was nominated from a large selection of renowned aviation and management strategy consultancy firms", explains Lufthansa Consulting managing director Dr Andreas Jahnke.

"We have been involved in over 25 airport privatisation projects across the globe advising governments, financial institutions and investor consortia. Our company has thus gained an excellent track record in successfully privatising airports, often under very challenging economic, political and cultural circumstances."