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02. The Airport Company
CORPORATE PROFILE With a corporate goal to create sustainable value to
all stakeholders by offering value for money services,
Athens International Airport S.A. (AIA) was established AIA has implemented a successful development
in 1996 as a public-private partnership with a 30-year strategy in both its aeronautical and non-aeronautical
concession agreement. Ratified by Greek Law 2338/95, sectors. Offering one of the most advanced incentives
the concession agreement grants the right to use the and marketing support schemes, AIA ensures the
airport site for the purpose of the “design, financing, sustainability and development of domestic, regional and
construction, completion, commissioning, maintenance, international traffic, working closely with home carriers
operation, management and development of the airport”. and international carriers, legacy airlines and Low Cost
AIA is a privately managed company with the Greek State Carriers. In the non-aeronautical sector, AIA boasts
holding 55% of shares, while the private shareholders advanced and extensive development initiatives ranging
collectively hold 45%. from the high-quality consumer-related products offered
at its commercial terminals, up to its real estate assets.
AIA is internationally considered a pioneer public-private In addition, AIA’s IT & Telecommunications system and
partnership, being the first major greenfield airport with business activities are stellar examples of technological
the participation of the private sector. The cost for the and business expertise. True to its industry, AIA exports
development of the airport was financed mainly from the company’s pioneering know-how to aviation partners
bank loans - with European Investment Bank being the around the world.
major lender, while the remaining funding was provided
through private shareholders equity and EU and Greek
State grants.
ANNUAL REPORT 2012
CORPORATE PROFILE With a corporate goal to create sustainable value to
all stakeholders by offering value for money services,
Athens International Airport S.A. (AIA) was established AIA has implemented a successful development
in 1996 as a public-private partnership with a 30-year strategy in both its aeronautical and non-aeronautical
concession agreement. Ratified by Greek Law 2338/95, sectors. Offering one of the most advanced incentives
the concession agreement grants the right to use the and marketing support schemes, AIA ensures the
airport site for the purpose of the “design, financing, sustainability and development of domestic, regional and
construction, completion, commissioning, maintenance, international traffic, working closely with home carriers
operation, management and development of the airport”. and international carriers, legacy airlines and Low Cost
AIA is a privately managed company with the Greek State Carriers. In the non-aeronautical sector, AIA boasts
holding 55% of shares, while the private shareholders advanced and extensive development initiatives ranging
collectively hold 45%. from the high-quality consumer-related products offered
at its commercial terminals, up to its real estate assets.
AIA is internationally considered a pioneer public-private In addition, AIA’s IT & Telecommunications system and
partnership, being the first major greenfield airport with business activities are stellar examples of technological
the participation of the private sector. The cost for the and business expertise. True to its industry, AIA exports
development of the airport was financed mainly from the company’s pioneering know-how to aviation partners
bank loans - with European Investment Bank being the around the world.
major lender, while the remaining funding was provided
through private shareholders equity and EU and Greek
State grants.
ANNUAL REPORT 2012
