Michael Reusch appointed as CEO, succeeding Dr. Frank Quante after nearly five years of transformative leadership

Fraport Twin Star Airport Management AD, the airport operator of Burgas and Varna airports, announces a change in its executive leadership. After nearly five years as Chief Executive Officer, Dr. Frank Quante will step down from his position to assume a senior management role within the Fraport Group in Türkiye.

Michael Reusch, a seasoned executive with a strong background in airport management and currently serving as a board member for several Fraport AG subsidiaries, including Fraport USA Inc., and Fraport TAV Antalya (Türkiye), is appointed to take on the role of Chief Executive Officer at Fraport Twin Star. 

“Leading Fraport Twin Star has been an exceptional journey, marked by collaboration, progress, and shared achievements,” said Dr. Frank Quante. “I am grateful for the dedication of our team, the trust of our partners, and the opportunity to contribute to the growth of Bulgaria’s Black Sea airports.Thank you to everyone who supported Fraport Twin Star and me personally in the last years! I leave very confident in the company’s future under Michael Reusch’s capable and visionary leadership.”

With a career spanning over two decades since joining Fraport in 2003, Michael Reusch has played a key role in managing global airport transactions and investments across various continents. In addition to his work as a board member of several Fraport AG’s affiliates, he was in charge of Fraport AG’s asset management activities in North America and Asia as part of the company's International Activities & Services division in Germany.

Most recently, Michael Reusch led a major €2.5 billion long-term financing project to support Fraport’s investment in Antalya Airport, Türkiye. As a long-standing Supervisory Board member of Fraport Twin Star, he brings strong familiarity with the company’s achievements, strategic direction, and local context. With his commitment to value-driven leadership and industry expertise, Michael Reusch is well-prepared to guide Fraport Twin Star into its next phase of growth and development.

Academically, Michael Reusch holds a Master of Laws (LL.M.) in Business Law from the University of Applied Sciences Mainz, Germany, and a degree in economics from the University of Applied Sciences Frankfurt, Germany. He is also certified in leadership and project management, underscoring his comprehensive skill set.

The leadership transition comes at a pivotal moment for Fraport Twin Star, as the company advances major infrastructure and development projects, including the upcoming runway rehabilitation at Burgas Airport, which represents a significant investment in operational safety and long-term capacity, as well as continued terminal improvements and sustainability-driven initiatives at both airports. These efforts reflect Fraport AG’s commitment to maintaining world-class standards while supporting Bulgaria’s role as a key tourism and logistics hub.

“I am honored to take on this role and build on the solid foundation laid by Dr. Frank Quante and the outstanding team in Bulgaria,” said Michael Reusch. “This transition is not just a leadership change – it is a handover grounded in trust, shared values, and mutual respect. Fraport Twin Star plays an essential role in the region’s connectivity and tourism development. I look forward to working together with all stakeholders to support sustainable growth and operational excellence at Burgas and Varna airports.”

The management transition reflects the Fraport Group’s long-term vision for continuity and leadership development across its international operations.