Page 5 - Ath Airport Profile
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2012 HIGHLIGHTS Growth vs. 2011 Looking into the international passenger traffic
evolution per region, Western and Eastern
2012 Traffic Levels - 10.4% Europe presented double-digit decline (-10.4%
- 11.5% and -13.3% respectively), largely formulating
12.94 Million Passengers - 11.0% the overall outcome. The Middle East was
153.3 Thousand Aircraft Movements the most resilient market, presenting a small
76.4 Thousand Tonnes of Cargo decline (-2.0%). Africa presented also a limited
drop (-4.7%), however compared to extremely
2012 was another challenging year for the low corresponding 2011 levels affected by the
global aviation industry, characterised by slow Arabic spring. America and Rest of Asia were
worldwide economic growth, high fuel prices the regions that suffered the most (-33.0% and
and airline consolidations. European airports saw -48.8% respectively); they represent however
overall a slow passenger traffic development a small portion of AIA’s traffic, not driving the
(+2% compared to 2011), largely affected by the overall international traffic trend. America’s
Eurozone crisis. decline is mainly attributed to the fact that
American carriers could not profitably sustain
In Greece, the severely unfavorable their operations to/from Athens due to fuel
macroeconomic environment had an adverse costs, low yields and fierce competition with
impact on the demand for air travel, as well as the main European hub carriers, especially for
on the airlines’ offered services. The Greeks’ the high-yield segment of traffic. Asian carriers
propensity to travel was severely affected by on the other hand were strongly impacted by
the Greek GDP contraction, while at the same the intense competition from the Middle East
time foreign visitors were significantly reduced carriers.
as a result of the tarnished image of Athens and
Greece abroad, combined with the slow-down The development of the number of aircraft
in European economies. On the supply side, movements in the course of the year under
both Greek and foreign carriers proceeded with review showed a double-digit decline in all four
extensive capacity cuts in order to effectively quarters, with the first and fourth quarters
accommodate the falling demand. As a result, suffering the most, mainly resulting from the
the airport’s traffic for the year 2012 presented a airlines’ substantial capacity cuts during the
decline of -10.4% in terms of passenger volumes two winter scheduling periods. International
and -11.5% in terms of number of aircraft operations were the ones suffering the most,
movements. Both in terms of aircraft movements with the fourth quarter seeing the larger levels
and passenger throughput, the international of decline.
sector was the one suffering the most.
Amid the gloomy financial environment in
Focusing on the evolution of passenger traffic Greece and with the global and European air
throughout the year, it is important to pinpoint cargo traffic experiencing the second consecutive
that after a deterioration in passenger demand year of decline, the development of cargo
in the second quarter, which was mainly due to traffic volumes at Athens International Airport
the social and political circumstances amidst the amounted to 76,400 tonnes, experiencing a drop
Greek elections period, the last two quarters of -11%. Both domestic and international sectors
of the year saw a gradual limitation of losses, were severely affected, with the domestic sector
i.e. with passenger traffic losses versus the suffering a substantial drop of 28.8%, and the
corresponding month of 2011 evolving from international sector also presenting considerable
-15.8% in May to -8.2% in December; the losses at the level of -7.9%.
observed recovery trend was more apparent in
the international sector. Overall, in 2012, Athens was directly connected
with scheduled services with 109 destinations (76
international) in 47 countries, operated by a total
of 64 carriers.
2012 HIGHLIGHTS Growth vs. 2011 Looking into the international passenger traffic
evolution per region, Western and Eastern
2012 Traffic Levels - 10.4% Europe presented double-digit decline (-10.4%
- 11.5% and -13.3% respectively), largely formulating
12.94 Million Passengers - 11.0% the overall outcome. The Middle East was
153.3 Thousand Aircraft Movements the most resilient market, presenting a small
76.4 Thousand Tonnes of Cargo decline (-2.0%). Africa presented also a limited
drop (-4.7%), however compared to extremely
2012 was another challenging year for the low corresponding 2011 levels affected by the
global aviation industry, characterised by slow Arabic spring. America and Rest of Asia were
worldwide economic growth, high fuel prices the regions that suffered the most (-33.0% and
and airline consolidations. European airports saw -48.8% respectively); they represent however
overall a slow passenger traffic development a small portion of AIA’s traffic, not driving the
(+2% compared to 2011), largely affected by the overall international traffic trend. America’s
Eurozone crisis. decline is mainly attributed to the fact that
American carriers could not profitably sustain
In Greece, the severely unfavorable their operations to/from Athens due to fuel
macroeconomic environment had an adverse costs, low yields and fierce competition with
impact on the demand for air travel, as well as the main European hub carriers, especially for
on the airlines’ offered services. The Greeks’ the high-yield segment of traffic. Asian carriers
propensity to travel was severely affected by on the other hand were strongly impacted by
the Greek GDP contraction, while at the same the intense competition from the Middle East
time foreign visitors were significantly reduced carriers.
as a result of the tarnished image of Athens and
Greece abroad, combined with the slow-down The development of the number of aircraft
in European economies. On the supply side, movements in the course of the year under
both Greek and foreign carriers proceeded with review showed a double-digit decline in all four
extensive capacity cuts in order to effectively quarters, with the first and fourth quarters
accommodate the falling demand. As a result, suffering the most, mainly resulting from the
the airport’s traffic for the year 2012 presented a airlines’ substantial capacity cuts during the
decline of -10.4% in terms of passenger volumes two winter scheduling periods. International
and -11.5% in terms of number of aircraft operations were the ones suffering the most,
movements. Both in terms of aircraft movements with the fourth quarter seeing the larger levels
and passenger throughput, the international of decline.
sector was the one suffering the most.
Amid the gloomy financial environment in
Focusing on the evolution of passenger traffic Greece and with the global and European air
throughout the year, it is important to pinpoint cargo traffic experiencing the second consecutive
that after a deterioration in passenger demand year of decline, the development of cargo
in the second quarter, which was mainly due to traffic volumes at Athens International Airport
the social and political circumstances amidst the amounted to 76,400 tonnes, experiencing a drop
Greek elections period, the last two quarters of -11%. Both domestic and international sectors
of the year saw a gradual limitation of losses, were severely affected, with the domestic sector
i.e. with passenger traffic losses versus the suffering a substantial drop of 28.8%, and the
corresponding month of 2011 evolving from international sector also presenting considerable
-15.8% in May to -8.2% in December; the losses at the level of -7.9%.
observed recovery trend was more apparent in
the international sector. Overall, in 2012, Athens was directly connected
with scheduled services with 109 destinations (76
international) in 47 countries, operated by a total
of 64 carriers.
