AIA

Sellers regained the reins of the domestic market, as part of consolidating some of the gains from the two-day upward reaction on August 6-7, following the -6.27% “Black Monday” (August 5).

Passenger traffic at Athens International Airport (AIA) rose 20.1% in March 2024, compared to March 2023, with passengers reaching 2 million.

According to AIA statistics, both domestic and international passenger traffic exceeded 2023 levels by 12.6% and 23.5%, respectively.

The premiere of Athens International Airport on the Athens Stock Exchange on Wednesday came with a rise that was approximately at 15%, as the new share closed its first trading at 9.40 euros, with the company that manages the airport showing capitalization of €2.8 billion.

A draft law marking the completion of the necessary institutional prerequisites so that Athens International Airport (AIA) shares can be traded on the Athens Stock Exchange was tabled in Parliament on Friday.

Drawing on the direct air links between Athens, the capital of Greece, and Beijing and Shanghai in China, Athens International Airport (AIA) is counting on a return of the number of Chinese arrivals in Greece to pre-pandemic levels soon.

State sell-off fund TAIPED is expecting very strong investor interest in the sale of a 30 percent stake in Athens International Airport.

More than five bidders are seen tabling non-binding offers by next Tuesday's deadline, with market sources speaking of as many as eight suitors, although nothing can be taken for granted yet.

The government's Economic Policy Council on Wednesday unblocked the process for the sale of a 30 percent stake in Athens International Airport, in the presence of Prime Minister Kyriakos Mitsotakis.

Athens International Airport shareholders will have to pay dearly to get the 20-year extension of the airport's concession, but a deal to that effect is within sight.

Athens is rapidly growing as a tourism destination in itself rather than simply a transit point for foreign tourists heading to the islands, according to figures revealed on Wednesday by Aegean Air and Athens International Airport at the ITB international travel fair in Berlin.

Brussels bureaucracy has led to the 20-year contract extension of Athens International Airport grinding to a halt. The completion of the transaction has not only failed to meet the original deadline of end-2017, but it will also require another four or five months.