Athens International Airport - The Airport Company

Athens International Airport S.A. (AIA) was established in 1996 as a Public-Private Partnership with a 50-year concession agreement. Ratified initially by Greek Law 2338/95 and at a later stage by Law 4594/2019 , the concession agreement grants the right to use the airport site for the purpose of the “design, financing, construction, completion, commissioning, maintenance, operation, management and development of the airport”. 

AIA is a pioneer international Public-Private Partnership, being the first major greenfield airport with the participation of the private sector. The cost for the development of the airport was financed mainly from bank loans - with European Investment Bank being the major lender, while the remaining funding was provided through private shareholders equity and EU and Greek State grants.

With a corporate goal to create sustainable value to all stakeholders by offering value-for money services, AIA has a successful developmental strategy, in both its aeronautical and non-aeronautical sectors. Offering one of the most advanced incentive and marketing support schemes, AIA ensures the sustainability and development of domestic, regional and international traffic, working closely with home carriers and international carriers, legacy airlines and LCCs, having also a strategic focus on the promotion of “Destination Athens” through initiatives and synergies.

In the non-aeronautical sector, AIA boasts advanced and extensive development initiatives from the high-quality consumer-related products offered at its commercial terminals, to its real estate assets. AIA’s IT & Telecommunications system and business activities are stellar examples of technological and business expertise. True to its industry, AIA exports the company’s pioneering know-how to aviation partners around the world.

AIA’s competitive advantages can be summarised as follows:

  • 24-hour operations from two independent runways and ample airside and terminal capacity
  • No delays on the ground or in the air
  • State-of-the-art technology and equipment
  • Highest standards in safety and security
  • Efficient transfers offering a seamless and pleasant experience
  • Advanced cargo facilities operating on a 24-hour basis at dedicated, bonded terminals
  • Opportunities for new routes
  • Attractive incentive schemes for the airlines

As a responsible company, AIA follows a balanced, stakeholder-focused approach, in accordance with the international standards and best practices. AIA’s corporate responsibility perspectives are defined in the areas of airport operator, corporate citizenship, environmental and employer responsibility.

Since 2016, AIA is the 1st Carbon Neutral Airport in Greece and, as of 2019, through its initiative “Route 2025”, the Airport Company has announced its official commitment to achieve Net Zero Carbon Emissions by 2025, 25 years ahead of the target of 2050 set by ACI Europe.

 Thanks to its value-for-money services, Athens International Airport has earned numerous international awards and distinctions. Today, it forms a unique entrepreneurial entity of economic and social development in the Attica region. The airport community employs over 16,000 people and hosts approximately 300 companies, making it one of the largest employment engines in Greece.  

As a result, AIA has managed to record a healthy financial performance since 2001 and has delivered financial and non-financial value to all stakeholders involved.  It protects its financial performance without jeopardising the quality of its services and the safe and secure operations. As a result, AIA continues to deliver substantial value to all stakeholders and the Greek Economy and will remain an asset with a positive outlook for the future.