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SOFIA (Bulgaria), February 13 (SeeNews) - Fraport Twin Star Airport Management, a 60/40 joint venture of Germany's Fraport and Bulgarian company BM Star, told SeeNews on Tuesday it plans to expand the arrivals and departures terminals of the two Bulgarian airports it operates.
First, the company plans to expand the Departures terminal of Burgas Airport in 2019-2021, to be followed by the Departures terminal of Varna Airport in 2024-2026, Fraport Twin Star Airport Management said in a response to a SeeNews enquiry.
The expansion of the Arrivals terminals of the two airports is planned for 2029-2031.
Last month, the company announced it plans to invest 256 million levs ($160.6 million/130.9 million euro) in the two airports by 2027.
Among other planned projects are rehabilitation of the taxiways of the two airports and repair of Burgas Airport's runway.
In 2006, Fraport Twin Star Airport Management won a 35-year concession to run Varna Airport and Burgas Airport.
Combined passenger numbers at the airports of Varna and Burgas rose 85.4% year-on-year in January to 72,905, Fraport Group said on Tuesday. Passenger numbers at the two airports on the Bulgarian Black Sea coast increased 8.4% year-on-year in 2017, reaching 4.95 million.
(1 euro = 1.95583 levs)