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

The project includes important international airports like Thessaloniki, many prominent island airports and tourist gateways like Rhodes, Corfu, Kos, Mykonos,
Santorini and Zakynthos but also smaller airports currently handling little traffic.

Lufthansa Consulting as leading air traffic advisor, 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 these 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 program 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 Dr. Andreas Jahnke,
Lufthansa Consulting's Managing Director. 'We have been involved in over 25 airport privatization projects across the globe advising governments, financial
institutions and investor consortia. Our company has thus gained an excellent track record in successfully privatizing airports, often under very challenging 
economic, political and cultural circumstances.'