Page 5 - Ath Airport Profile
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2008 HIGHLIGHTS Growth vs. 2007 All international regions experienced traffic
decrease, with the Middle East suffering the
2008 Traffic Levels 0% least (-1.2%), followed by Western Europe
-3% (-2.8%) and Eastern Europe (-9.4%). All other
16.5 Million Passengers +3% regions outside Europe suffered double-digit
199 Thousand Aircraft Movements levels of decline, with the cease of operations
122 Thousand Tonnes of Cargo of Olympic Airlines to longhaul routes playing
an important role to this development. In terms
2009 was another year of worldwide financial of airline operations, the Middle East and Western
recession and turmoil for the aviation market Europe enjoyed considerable growth in the
worldwide, characterised by IATA as the worst number of flights, largely contributing to the
ever for the airline industry. Global passenger small decline in passenger volumes, while North
demand was down by 2.7% compared to 2008, Africa also experienced a small increase.
while Europe was the continent that suffered In terms of aircraft movements, AIA -with
the sharpest decline, with an average -5.5% 210,000 flights- recorded a significant growth
drop. In the mean time, the Greek aviation of 5.4%, with the major European airports’
market entered a new era with the suspension average at -7.3%. Domestic operations achieved
of operation of Olympic Airlines and the launch a robust increase (+12.4%), with the entrance
of operations of the privatized Olympic Air as of of Athens Airways -a new Greek carrier- in
October 1st, albeit with a significantly reduced the domestic market in February 2009 playing
network on the basis of the EU-dictated a crucial role to this positive development.
downsizing, resulting in the cease of operations International services managed to be only
to 14 foreign destinations, including the 4 slightly lower than the corresponding 2008 levels
long-haul destinations that it used to operate. (-0.7%), despite the adverse market situation.
Cargo traffic, a major indicator of the worldwide
Despite the challenging industry conditions economic crisis, posted a 14.5% decrease
and the Athens’ specific adverse market reaching 104,521 tonnes. In line with the
developments, Athens International Airport worldwide decline in volumes, 2009 was the
achieved a satisfactory end-year result most challenging year since airport opening.
outperforming most of its European counterparts, Amid the aviation industry’s recession,
with the number of flights recording a significant Athens International Airport’s network was
growth (210,000 flights, +5.4%), and passenger significantly enhanced in 2009, with the airport
traffic witnessing a marginal loss (16.2 million adding to its network 6 new destinations
passengers, -1.5%). (Abu Dhabi, Izmir, Krasnodar, Krakow, Sharjah,
Tripoli) and 11 new airlines (Air Arabia, Athens
In specific, as mentioned above, in terms of Airways, Atlant Soyuz, Cimber Sterling,
passenger traffic, AIA presented an annual Etihad, Kuban Airlines, Libyan Arab, Lviv,
slight traffic decline of only 1.5% (signifcantly Pegasus, Sun Express, Transavia). Overall,
more limited than the major European airports Athens International Airport offered in the
average: -5.5%). These results were mostly course of 2009 direct scheduled services to 113
driven by the favourable evolution of the domestic destinations (80 international) in 52 countries,
market, which, with 6.1 million passengers serviced by 70 airlines.
(+5.2%) in 2009, recorded a historical record, During 2009, in contrast to the unfavourable
mainly due to the strong dynamics of the market conditions in Greece and abroad,
domestic carriers, registering an increase both Athens International Airport was the source of
in flights and capacity. On the contrary, the the few exceptions of positive business news,
international sector, largely affected by the reporting minimal traffic losses. For 2010, the
global economic conditions and the Olympic Greek economy is expected to remain in a
downsizing dropped by 5.1%, with 10.1 million state of recession, with no quick turnaround
passengers. expected in domestic economic activity, having
an effect on Greek residents’ travel demand,
Focusing on passenger traffic development whereas the signs of recovery and exit from the
throughout the year, a consistent improvement recession apparent in other parts of Europe are
was observed, with total passenger traffic expected to have a positive impact on foreign
returning to growth from the third quarter and travellers’ demand. We are confident that the
presenting a 1.6% increase in the last three AIA business model will continue succesfully in
months of the year. The evolution of domestic the year 2010 despite the unfavourable market
traffic was the key driver for this development, conditions, and that the year will end with an
with passengers travelling within Greece overall satisfactory outcome.
increasing their volumes from the second quarter
onwards and achieving high levels of increase
towards the end of the year. International
passengers showed clear signs of recovery in the
course of the year, gradually minimizing the traffic
loss, despite the negative impact of the Olympic
transition in the traffic evolution of the 4th quarter.
2008 HIGHLIGHTS Growth vs. 2007 All international regions experienced traffic
decrease, with the Middle East suffering the
2008 Traffic Levels 0% least (-1.2%), followed by Western Europe
-3% (-2.8%) and Eastern Europe (-9.4%). All other
16.5 Million Passengers +3% regions outside Europe suffered double-digit
199 Thousand Aircraft Movements levels of decline, with the cease of operations
122 Thousand Tonnes of Cargo of Olympic Airlines to longhaul routes playing
an important role to this development. In terms
2009 was another year of worldwide financial of airline operations, the Middle East and Western
recession and turmoil for the aviation market Europe enjoyed considerable growth in the
worldwide, characterised by IATA as the worst number of flights, largely contributing to the
ever for the airline industry. Global passenger small decline in passenger volumes, while North
demand was down by 2.7% compared to 2008, Africa also experienced a small increase.
while Europe was the continent that suffered In terms of aircraft movements, AIA -with
the sharpest decline, with an average -5.5% 210,000 flights- recorded a significant growth
drop. In the mean time, the Greek aviation of 5.4%, with the major European airports’
market entered a new era with the suspension average at -7.3%. Domestic operations achieved
of operation of Olympic Airlines and the launch a robust increase (+12.4%), with the entrance
of operations of the privatized Olympic Air as of of Athens Airways -a new Greek carrier- in
October 1st, albeit with a significantly reduced the domestic market in February 2009 playing
network on the basis of the EU-dictated a crucial role to this positive development.
downsizing, resulting in the cease of operations International services managed to be only
to 14 foreign destinations, including the 4 slightly lower than the corresponding 2008 levels
long-haul destinations that it used to operate. (-0.7%), despite the adverse market situation.
Cargo traffic, a major indicator of the worldwide
Despite the challenging industry conditions economic crisis, posted a 14.5% decrease
and the Athens’ specific adverse market reaching 104,521 tonnes. In line with the
developments, Athens International Airport worldwide decline in volumes, 2009 was the
achieved a satisfactory end-year result most challenging year since airport opening.
outperforming most of its European counterparts, Amid the aviation industry’s recession,
with the number of flights recording a significant Athens International Airport’s network was
growth (210,000 flights, +5.4%), and passenger significantly enhanced in 2009, with the airport
traffic witnessing a marginal loss (16.2 million adding to its network 6 new destinations
passengers, -1.5%). (Abu Dhabi, Izmir, Krasnodar, Krakow, Sharjah,
Tripoli) and 11 new airlines (Air Arabia, Athens
In specific, as mentioned above, in terms of Airways, Atlant Soyuz, Cimber Sterling,
passenger traffic, AIA presented an annual Etihad, Kuban Airlines, Libyan Arab, Lviv,
slight traffic decline of only 1.5% (signifcantly Pegasus, Sun Express, Transavia). Overall,
more limited than the major European airports Athens International Airport offered in the
average: -5.5%). These results were mostly course of 2009 direct scheduled services to 113
driven by the favourable evolution of the domestic destinations (80 international) in 52 countries,
market, which, with 6.1 million passengers serviced by 70 airlines.
(+5.2%) in 2009, recorded a historical record, During 2009, in contrast to the unfavourable
mainly due to the strong dynamics of the market conditions in Greece and abroad,
domestic carriers, registering an increase both Athens International Airport was the source of
in flights and capacity. On the contrary, the the few exceptions of positive business news,
international sector, largely affected by the reporting minimal traffic losses. For 2010, the
global economic conditions and the Olympic Greek economy is expected to remain in a
downsizing dropped by 5.1%, with 10.1 million state of recession, with no quick turnaround
passengers. expected in domestic economic activity, having
an effect on Greek residents’ travel demand,
Focusing on passenger traffic development whereas the signs of recovery and exit from the
throughout the year, a consistent improvement recession apparent in other parts of Europe are
was observed, with total passenger traffic expected to have a positive impact on foreign
returning to growth from the third quarter and travellers’ demand. We are confident that the
presenting a 1.6% increase in the last three AIA business model will continue succesfully in
months of the year. The evolution of domestic the year 2010 despite the unfavourable market
traffic was the key driver for this development, conditions, and that the year will end with an
with passengers travelling within Greece overall satisfactory outcome.
increasing their volumes from the second quarter
onwards and achieving high levels of increase
towards the end of the year. International
passengers showed clear signs of recovery in the
course of the year, gradually minimizing the traffic
loss, despite the negative impact of the Olympic
transition in the traffic evolution of the 4th quarter.
