My Account Menu

CAPA Login

Register to trial CAPA Membership!

Athens ready for IPO after strong 2006 results


Athens International Airport (AIA) reported positive financial

results for 2006, using International Financial Reporting Standards (IFRS) for

the first time. Operating revenues and Airport Development Fund (ADF) payments

for the 12 months ended 31-Dec-06 rose 7.8%, boosted by improved performance

of commercial activities and a 5.6% increase in passenger traffic to a record

15.1 million. Operating expenses increased only 3.3%, leading to an 11.8% rise

in EBITDA. Pre-tax profit surged 66.9%. [204 words]

Please login to continue reading or find out more about CAPA Membership below.
This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.