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07. FUTURE PROSPECTS
on re-affirming the projections for future growth. Most Within the scope of developing such external activities,
importantly, this business plan will also examine potential AIA will continue to pursue business opportunities at
options for a concession period extension, in order for this airport projects in Greece and abroad.
document to form a common basis for relevant discussions
between the Airport Company and the Greek State in From the outset of the concession of this airport, AIA has
the near future. demonstrated a combined success in all aspects. During 2009,
in contrast to the unfavourable macroeconomic situation in
In 2010, and with a continuous monitoring of any Greece and abroad, Athens International Airport was the
developments in the market and the wider macroeconomic source of the few exceptions of positive business news,
environment, AIA will undertake the necessary steps of reporting satisfactory end-of-year traffic with minimal
its future plans: losses, high profits and liquidity and an unparalleled
• Having completed the outline design study of the Satellite contribution to the national and local economy as proved
Terminal Building Utilisation Project, AIA shall proceed with by the study of the Athens University of Economics and
the tender process of the detail design and construction Business. Resisting the negative 2010 forecast for the Greek
of the project. It is envisaged that the construction will be economy, AIA expects to remain a positive contributor
finally decided upon within 2010. This project will mark of financial and non-financial value to all stakeholders
the first major construction works in our terminal and airside and the Greek State at large. The importance to the
facilities, ultimately achieving operational improvements, economy of AIA’s business model and the incremental
capacity enhancement and increased commercial value. value residing in our company is truly substantial. This
• Following a lengthy albeit successful licensing process, the realisation is critical for the exploitation of the company’s
company has launched the tender for the development of future potential through strategic decisions related to the
an 8MW Photovoltaic Park in the airport premises. According concession period and the approach to the capital markets.
to our estimations and subject to final economic conditions The company is prepared to commence discussions with
and contractual agreement, construction and gradual the Greek State and other stakeholders towards this end,
electricity production will commence as of 2010. This and is confident that a successful outcome will provide
investment enforces our efforts for reduction of carbon immediate and direct benefit to all.
emissions and environmental concern, while it possesses
very attractive financial prospects.
• With the detail design of a new multi-storey car parking
facility expected for completion in 2010, AIA will make
its best endeavours to fulfil all necessary conditions for the
launching of the tender and the start of construction. The
new parking facility will combine architectural aesthetics
with high operational standards increasing customer
satisfaction and providing financial value to the Airport
Company.
AIA will persist over the next years to apply successfully its
strategy of value-for-money services aiming at a profitable
growth while ensuring high levels of safety and security,
customer satisfaction, state-of-the-art technological
applications and corporate responsibility. Over the previous
years, AIA has also successfully exported its know-how to
other airports around the world, thus further strengthening
corporate profile and reputation, providing motivation
to its personnel and creating incremental financial value.
A N N U A L R E P O R T 2 0 0 9 35
on re-affirming the projections for future growth. Most Within the scope of developing such external activities,
importantly, this business plan will also examine potential AIA will continue to pursue business opportunities at
options for a concession period extension, in order for this airport projects in Greece and abroad.
document to form a common basis for relevant discussions
between the Airport Company and the Greek State in From the outset of the concession of this airport, AIA has
the near future. demonstrated a combined success in all aspects. During 2009,
in contrast to the unfavourable macroeconomic situation in
In 2010, and with a continuous monitoring of any Greece and abroad, Athens International Airport was the
developments in the market and the wider macroeconomic source of the few exceptions of positive business news,
environment, AIA will undertake the necessary steps of reporting satisfactory end-of-year traffic with minimal
its future plans: losses, high profits and liquidity and an unparalleled
• Having completed the outline design study of the Satellite contribution to the national and local economy as proved
Terminal Building Utilisation Project, AIA shall proceed with by the study of the Athens University of Economics and
the tender process of the detail design and construction Business. Resisting the negative 2010 forecast for the Greek
of the project. It is envisaged that the construction will be economy, AIA expects to remain a positive contributor
finally decided upon within 2010. This project will mark of financial and non-financial value to all stakeholders
the first major construction works in our terminal and airside and the Greek State at large. The importance to the
facilities, ultimately achieving operational improvements, economy of AIA’s business model and the incremental
capacity enhancement and increased commercial value. value residing in our company is truly substantial. This
• Following a lengthy albeit successful licensing process, the realisation is critical for the exploitation of the company’s
company has launched the tender for the development of future potential through strategic decisions related to the
an 8MW Photovoltaic Park in the airport premises. According concession period and the approach to the capital markets.
to our estimations and subject to final economic conditions The company is prepared to commence discussions with
and contractual agreement, construction and gradual the Greek State and other stakeholders towards this end,
electricity production will commence as of 2010. This and is confident that a successful outcome will provide
investment enforces our efforts for reduction of carbon immediate and direct benefit to all.
emissions and environmental concern, while it possesses
very attractive financial prospects.
• With the detail design of a new multi-storey car parking
facility expected for completion in 2010, AIA will make
its best endeavours to fulfil all necessary conditions for the
launching of the tender and the start of construction. The
new parking facility will combine architectural aesthetics
with high operational standards increasing customer
satisfaction and providing financial value to the Airport
Company.
AIA will persist over the next years to apply successfully its
strategy of value-for-money services aiming at a profitable
growth while ensuring high levels of safety and security,
customer satisfaction, state-of-the-art technological
applications and corporate responsibility. Over the previous
years, AIA has also successfully exported its know-how to
other airports around the world, thus further strengthening
corporate profile and reputation, providing motivation
to its personnel and creating incremental financial value.
A N N U A L R E P O R T 2 0 0 9 35
