 In December 2015 the privatisation of Santorini (Thira) International Airport and 13 other regional airports of Greece was finalised with the signing of the agreement between the Fraport AG/Copelouzos Group joint venture and the state privatisation fund.According to the agreement, the joint venture will operate the 14 airports (including Santorini (Thira) International Airport) for 40 years as of 11 April 2017.On 22 March 2017, Fraport Greece presented its master plan for the 14 regional airports including the Santorini International Airport.