Thessaloniki Makedonia Airport
- CAPA Analysis
- Schedule Analysis
- Route Maps
- Print Summary
- IATA Code
- ICAO Code
- Corporate Address
- P.O.BOX 22605
- 2440m x 50m
2410m x 60m
- Airlines currently operating to this airport with scheduled services
- Aegean Airlines
- Airlines currently operating to this airport via codeshare
- Air France
Thessaloniki International Airport, "Macedonia" is an international airport serving the city of Thessaloniki, Greece. Thessaloniki International is Greece's third-largest international airport and is served by a variety of low-cost and full-service airlines from across Europe.
Location of Thessaloniki Makedonia Airport, Greece
Ground Handlers servicing Thessaloniki Makedonia Airport
134 total articles
7 total articles
Aegean Airlines seems to be caught between the devil and the deep blue sea, challenged both by a very weak domestic market and by an increasingly competitive international market where it has neither cost leadership nor a global network. If approved by the EU this year, will its planned acquisition of Olympic Air provide a route to safety?
Aegean reported its third successive loss in 2012, albeit a narrower one than in 2011, as passenger numbers fell by 6%. Aegean managed to reduce costs at a similar rate and to limit the revenue fall to 2% by cutting domestic traffic and international traffic from Athens while growing international traffic from provincial Greek cities. Double digit passenger growth from 2003 to 2009 has been followed by domestic-led decline, with Athens (Aegean’s main hub, where it is the biggest carrier) a falling market. Although it has leading positions at its other Greek bases, LCCs are increasingly making their presence felt there.
For several years now the Greek Government has philosophically contemplated conceding its regional airports to the private sector, even of floating its share of Athens Airport via an IPO, but has been restrained by its indebtedness.
Just as Greece desperately needs help to reduce its massive deficit, its airports lack investor appeal for the same reasons, i.e. the negative effect on both in and outbound travel brought about by the sovereign debt crisis, ultra high unemployment, the possibility that the country may leave the European Monetary Union and even the breakdown of civil order.
Nevertheless it appears the government is finally to make an attempt at privatisation, by leasing 21 regional airports and with the tendering process starting immediately.
Airlines on Europe's southern and eastern periphery are becoming more precariously positioned, but are looking for for partners to help overcome the growing financial crisis. Cyprus Airways is the latest such carrier, and reported a widening in first half losses in the six months to 30-Jun-2011, as lower top-line revenue fell and higher fuel costs squeezed the airline in the period. Cyprus Airways is also turning to implementing a raft of measures aimed at stemming operating losses.
Greece has forecast improved visitor arrivals and tourism revenues in 2011, aided by a cut in airport fees and new incentives for airlines to expand in the market. European LCCs are again leading the expansion charge, with Ryanair one of the airlines reacting to the government's leads. The tourism industry is a key industry for Greece, which was and continues to be hard hit by the financial crisis. Tourism accounts for one in five jobs and 20% of the country’s GDP.
European carriers are becoming increasingly concerned by the Middle East airline threat on their core international businesses. CEOs from British Airways, Air France and Lufthansa have all voiced their opinions lately, as Middle East airlines continue to expand their global networks. But the European flag carriers are not standing idly by. Several are rapidly expanding their presence in the Middle East, to maintain and/or grow their share of this promising market. Emirates is the clear market leader, with a 21.0% share of capacity on Middle East-Europe routes. Qatar Airways is the second largest, with 8.7%, while Lufthansa, British Airways and Air France have just 5.6%, 3.5% and 2.7% shares, respectively.
On 09-Dec-2009, Andy Harrison, CEO of easyJet handed in his resignation, effective Jun-2010. He is only the second CEO the airline has had. The airline was quick to emphasise that his departure was specifically not connected with this year’s board challenges to his leadership strategy.