According to a related announcement, AIA has emerged as a resilient, efficient and profitable management company of the largest airport in Greece.
The Airport accounts for around 35% of the country's total air traffic and in 2023 handled more than 28 million passengers, with passenger traffic already exceeding pre-Covid-19 levels, as well as the corresponding recovery performance of many European airports.
The Company is managed and operates as a private sector commercial enterprise, with the Greek State owning 55% of the shares, through the Hellenic Republic's Private Property Development Fund ("HRADF") which owns 30% of the shares and the Hellenic Holdings Company and Property ("EESYP"), which owns 25%.
AviAlliance, the largest private shareholder of AIA, currently owns just over 40% and the Kopelouzos family (Dimitris Kopelouzos, Kyriaki Kopelouzos, Asimina Eleni Kopelouzos and Christos Kopelouzos) owns approximately 5%.
In the last five years, during peak periods, the Airport connected Greece with more than 155 destinations in 55 countries internationally. The Airport serves more than 65 full-service, hybrid and low-cost airlines and is the main hub of the AEGEAN/Olympic group, the leading Greek airline, as well as Sky Express, a fast-growing Greek airline.
Since its inception, the Airport has won 121 awards and accolades, the most recent being the 'Best Airport' award from ACI Europe and the 'Airport Efficiency & Excellence Award' from ATRS.
The listing of the Company's shares is expected to take place in February 2024, subject to the required regulatory approvals and market conditions.