Page 12 - Annual Report 2013
P. 12
2 The Airport
company
Corporate Profile
Athens International Airport S.A. (AIA) was established in
1996 as a public-private partnership with a 30-year concession
agreement. Ratified by Greek Law 2338/95, 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 privately managed company with the Greek
State holding 55% of shares (25% Greek State and 30% Hellenic
Republic Asset Development Fund - HRADF), while the private
shareholders collectively hold 45%.
AIA is internationally considered a pioneer 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
implemented a successful development strategy in both its
aeronautical and non-aeronautical sectors. Offering one of the
most advanced incentives 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. In
the non-aeronautical sector, AIA boasts advanced and extensive
development initiatives ranging from the high-quality consumer-
related products offered at its commercial terminals, up to its real
estate assets. In addition, 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.
12 / aia.gr
company
Corporate Profile
Athens International Airport S.A. (AIA) was established in
1996 as a public-private partnership with a 30-year concession
agreement. Ratified by Greek Law 2338/95, 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 privately managed company with the Greek
State holding 55% of shares (25% Greek State and 30% Hellenic
Republic Asset Development Fund - HRADF), while the private
shareholders collectively hold 45%.
AIA is internationally considered a pioneer 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
implemented a successful development strategy in both its
aeronautical and non-aeronautical sectors. Offering one of the
most advanced incentives 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. In
the non-aeronautical sector, AIA boasts advanced and extensive
development initiatives ranging from the high-quality consumer-
related products offered at its commercial terminals, up to its real
estate assets. In addition, 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.
12 / aia.gr
