The Infra Group has commissioned Lufthansa Consulting as strategic advisor to help it develop a new international airport for Bucharest.
The airport will be Romania's first privately funded gateway and the first new gateway to be built in Romania for 20 years.
Lufthansa Consulting will prepare a feasibility study and a business plan for Bucharest South International Airport, which will cost an estimated €200 million.
The aviation consultants will also assist in finding investors for the new airport.
The new greenfield airport will be built on 255 hectares of land, located 20km south of the capital.
Infra Group aims to develop the new airport into a fully-fledged alternative to the city's main Henry Coanda International Airport, which handled 4.9 million passengers in 2011.
According to current traffic projections Bucharest South International will handle 2 million passengers in its first year increasing to 4 million over the next ten years.
The airport aims to handle both passenger and cargo flights.
Blue-Air, the country´s biggest low-cost airline, also owned by Infra Group, will be based at the new airport.
“Our involvement in the development of this new airport confirms our continuing commitment to the European market,” says Dr. Andreas Jahnke, managing director of Lufthansa Consulting.
“We have the expertise to advise airport operators, owners and investors in feasibility, traffic development strategy and business planning”.
Last year, the Infra Group announced that it expected the new airport to act as a reliever gateway for the capital’s Henry Coanda International Airport.
Speaking at the time, Florentina Tatu, PR & Advertising Director at Infra-Group, said: “We are not aiming to become the main airport of Bucharest.
“Baneasa airport is dedicated mostly to low-cost and charter airlines, and there is an intention to close Baneasa airport for commercial operations, and to remain for VIP and General Aviation operations only.
"According to this we can say that our goal is to become the second major airport serving the city of Bucharest.”
Bucharest is currently served by two airports – Henry Coanda International Airport, which handles around 5mppa and Baneasa Airport, which accommodates some 2.2mppa.
The new airport is expecting to handle just under one million passengers in its first year of operations and hopes to reach 2mmpa with a decade.