Connectivity Development &

Season Extention
 Air Connectivity Development Requirements

Functional , Well Managed & Competitively

Charged Airport Infrastructure
Strong Local Carrier(s) = Dedicated to the
Region
Close Cooperation Coordination among
Tourism Sector
 Airport Requirements
Functional , Adequate Infrastructure
Competitive Charges SE Europe & Turkey
Self Managed Airports = Flexibility &
Accountability
Self Financed = no longer provides for
Regional Funds for this purpose
Competent Independent Regulatory
Authorities
 Update Airport Privatizations-

Regional Airport Privatization Plans = Heart of Tourism !

Two groups of 7 each tendered for 40-50 years

Substantial Investments by Operators
No increases in charges until major upgrade investments are made !
After upgrades charges to Remain <= 20 Euro / per passengers
= Improved & Competitive with SE Europe & Turkey !!!

Athens Airport Contract Extention & Further Privatization(? Timing)

Core & Only Potential Hub
Capacity and Quality Exists !
Needs Longer Contract Duration & Lower Charges !
Athens has Shown its Potential as a Destination
Airlines are Investing !
Further Strengthening Required for Home Carriers

Greece - Market shares in international

traffic
Turkey - Market shares in international
Greek traffic
carriers; 16%

Non Greek
Foreign
Carriers;
carriers; 32% Turkish
[VALUE]
Airlines; 47%

Other
Turkish; 21%
Trying to develop Greek Champion = 2014 Good Step but
long to go . Far too
Revenue - European Airlines
7.000

6.000

5.000

4.000

3.000

2.000

1.000

25.633 6.446 4.884 2.618 1.920 1.425 940 683

0
Air France - Turkish Ryanair TAP Portugal Pegasus AerLingus Aegean 2014 Aegean 2013
KLM
 2014: 8 Greek International Bases
205 Total International Routes
+15 +7
+12 Athens Heraklion
Chania
45 40
14
+3
Rhodes
Aegean & 27
Kalamata
+2 10
2014

Thessaloniki
15 +2
Kos
10 Corfu
+2
14
+2
+ 4 extra operating airports
Zakynthos - Larnaca - Mykonos - Santorini
Successful Seasonal Extention 2014
Santorini
The no 1 Island Global Brand
Combination of Direct & Intermediary Distribution
Successful Penetration of Asia= seasonality advantage
due to Reduced Significance Sun&beach
Increased domestic & direct international air capacity
Messinia /Kalamata
Front-running Private Investment / Temes
Thematic Attraction/Targeting = Golf, Family , .
Conventions = VW Passat Launch
Developer / Airline Cooperation Risk & Investement
 Objective longer Season..
Must be willing to take Risk..
Focused discussion Private & Regional !
Must have Clear Target ! & Objectives
Early Agreement by 31/12/2014 for W15