Page 19 - Corporate Responsibility Report 2013
P. 19
Corporate Responsibility Report 2013
or 1.01% of the Greek GDP), Indirect economy and to local economy of the implementation of the business
Impacts (including employment and region. The study becomes a useful tool and operational model of Athens
overall economic value generated by for measuring the overall effectiveness International Airport.
business outside the airport but directly and performance of the airport.
linked to its operation mostly related The communication of this study to
to the effects on transport), Induced/ The updated study proves that all interested parties and to financial,
Multiplier Impacts (including multiplier despite the reduced output due to social and other stakeholders of the
effects caused by successive rounds of the economic situation, the airport airport will help develop a common
spending throughout the economy as a remains a very important – perhaps understanding of the overall economic
result of an airport’s direct and indirect the most important - hub of economic and social value of Athens airport for
effects) and the Tourism Impact. value added and job creation in the Greece. Useful conclusions drawn in
country. At the same time, the relevant relation to the AIA’s business model
In this context, the present study comparison with other European could be used in the future planning of
measures total economic impact of the airports is indisputably positive the transport and infrastructure sectors.
Athens International Airport to Greek which demonstrates the successful
Total economic impact (at national level):
2 .63AddedValueof % of Greek GDP
€5,100,000,000 /
99,987 2 .5totaljobcreationfor % of Greek
people / employment.
Total economic impact (at regional level):
4 3 . 5Added Value of % of the total value
generated in the area
€716,000,000 /
total airport-related employment of the region
11,041 people
Assurance Comment on: Socio-Economic Impact
During interviews with corporate representatives, we reviewed evidence supporting AIA’s role as
the “orchestrator” of the airport community and discussed the direct correlation between GDP and
passenger traffic. In this context, we elaborated on how the Airport Company identified the need
to reconfirm that the airport community, especially during the adverse economic environment,
remains a strong business center and employer. To this end, we reviewed the 2013 Economic
Impact Study, which quantifies AIA’s economic benefits to the Greek economy, and discussed
with AIA representatives the econometric input-output followed approach. We would suggest that
AIA continues to place emphasis on communicating the study results to the airport community
stakeholders and renews the study in due time intervals.
aia.gr / 19
or 1.01% of the Greek GDP), Indirect economy and to local economy of the implementation of the business
Impacts (including employment and region. The study becomes a useful tool and operational model of Athens
overall economic value generated by for measuring the overall effectiveness International Airport.
business outside the airport but directly and performance of the airport.
linked to its operation mostly related The communication of this study to
to the effects on transport), Induced/ The updated study proves that all interested parties and to financial,
Multiplier Impacts (including multiplier despite the reduced output due to social and other stakeholders of the
effects caused by successive rounds of the economic situation, the airport airport will help develop a common
spending throughout the economy as a remains a very important – perhaps understanding of the overall economic
result of an airport’s direct and indirect the most important - hub of economic and social value of Athens airport for
effects) and the Tourism Impact. value added and job creation in the Greece. Useful conclusions drawn in
country. At the same time, the relevant relation to the AIA’s business model
In this context, the present study comparison with other European could be used in the future planning of
measures total economic impact of the airports is indisputably positive the transport and infrastructure sectors.
Athens International Airport to Greek which demonstrates the successful
Total economic impact (at national level):
2 .63AddedValueof % of Greek GDP
€5,100,000,000 /
99,987 2 .5totaljobcreationfor % of Greek
people / employment.
Total economic impact (at regional level):
4 3 . 5Added Value of % of the total value
generated in the area
€716,000,000 /
total airport-related employment of the region
11,041 people
Assurance Comment on: Socio-Economic Impact
During interviews with corporate representatives, we reviewed evidence supporting AIA’s role as
the “orchestrator” of the airport community and discussed the direct correlation between GDP and
passenger traffic. In this context, we elaborated on how the Airport Company identified the need
to reconfirm that the airport community, especially during the adverse economic environment,
remains a strong business center and employer. To this end, we reviewed the 2013 Economic
Impact Study, which quantifies AIA’s economic benefits to the Greek economy, and discussed
with AIA representatives the econometric input-output followed approach. We would suggest that
AIA continues to place emphasis on communicating the study results to the airport community
stakeholders and renews the study in due time intervals.
aia.gr / 19
