Athens International Airport The 2007 market performance
Great overall performance 70 Airlines 15 New Aer Lingus Air Baltic Air China Carpatair Centralwings Clickair Continental Airlines Finnair Ilyich-Avia KDavia Kras Air Myair Saudi Arabian US Airways Vueling Airlines Airlines 83 international destinations Riga (Latvia) Beijing (China) Timisoara (Romania) Kaliningrad (Russia) Jeddah (Saudi Arabia) Riyadh (Saudi Arabia) Gothenburg (Sweden) Lviv (Ukraine) Mariupol (Ukraine) Philadelphia (USA) 16.5 million passengers +10% 200 thousand flights +8% 10 New
All traffic segments enjoyed robust growth 20,000,000 16,000,000 Passengers + 10.1% + 9.7% 12,000,000 8,000,000 4,000,000 0 5,468,613 5,955,339 9,611,095 10,583,064 15,079,078 16,538,403 + 8.9% Flights 250,000 200,000 150,000 + 7.6% Domestic International Total 2006 2007 100,000 50,000 + 4.8% + 10.1% 92,326 96,781 98,546 108,514 190,872 205,295 0 Domestic International Total
Strong traffic increase in most months of 2007 2000000 1800000 1600000 1400000 +8.2% +11.8% +9.9% +9.1% +11.8% +9.3% +6.1% 1200000 1000000 +8.5% +10.2% +12.1% +11.0% +8.1% 800000 600000 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Passengers 2006 Total Passengers 2007
The domestic market grew by 8.9% 650,000 +11.3% +9.0% 550,000 Low 2006 traffic levels +8.0% +11.4% +6.1% +11.5% +2.9% 450,000 350,000 +12.7% +14.4% +6.2% +10.0% +2.9% 250,000 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Domestic Pax 2006 Domestic Pax 2007
while the international sector achieved 10% rise 1400000 1200000 1000000 Champions League final +8.3% +14.9% +9.1% +8.0% +13.3% +8.1% +8.0% 800000 +10.7% +11.5% +11.1% 600000 +6.0% +13.2% 400000 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC International Pax 2006 International Pax 2007
placing Athens among the fastest growing airports in Europe 16 Passenger Traffic Growth (%) Jan-Dec 2007 14 12 10 7 TH POSITION 8 6 4 2 0 MAD TXL VIE MUC DUB MXP ATH GVA BCN FCO ZRH OSL PRG DUS BRU HEL EUROPE CDG NCE AGP AMS PMI ORY LGW CPH FRA ARN LHR LPA STN MAN -2-4
Significant passenger traffic increase in all geographical regions 10,000,000 8,000,000 +7.4% +8.9% 6,000,000 4,000,000 1,200,000 +23.2% 1,000,000 2,000,000 800,000 0 Western Europe 2006 2007 Domestic 600,000 400,000 +15.1% +23.1% +9.8% 200,000 +10.7% 0 Eastern Europe Middle East America Africa Asia
No changes in the domestic destinations ranking Passenger Traffic Top 15 domestic destinations Rank 2006 Rank 2007 Thessaloniki 1 1 Heraklion Rhodes Chania Thira/Santorini 2 3 4 5 2 3 4 5 Mitilini 6 6 Alexandroupolis Kerkyra/Corfu Kos 7 8 9 7 8 9 Mikonos 10 10 Chios 11 11 Samos 12 12 Kavala 13 13 Ioannina Limnos 14 15 14 15
Strong growth for all major domestic destinations Samos, Kerkyra and Chania the fastest growing routes Passenger Growth Rhodes Kos Limnos Mikonos Thessaloniki Heraklion Kavala Alexandroupolis Ioannina Chios Thira/Santorini Mitilini Chania Kerkyra/Corfu Samos 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0%
Interesting reshuffle of major European destinations Top 15 European destinations Rank 2006 Rank 2007 London 1 1 Larnaca Paris 2 3 2 3 Frankfurt 6 4 Milan 4 5 Rome Munich Amsterdam Zurich 5 7 8 10 6 7 8 9 Madrid 11 10 Brussels 9 11 Istanbul Bucharest 12 15 12 13 Vienna 14 14 Berlin 13 15
Bucharest the fastest growing European destination among the top 15 Rome Amsterdam Brussels London Berlin Milan Paris Frankfurt Larnaca Munich Istanbul Madrid Zurich Vienna Bucharest Passenger Growth 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% 40.0%
Major changes in the non-european destination ranking Top 15 non-european destinations Rank 2006 Rank 2007 New York 1 1 Dubai 2 2 Cairo 3 3 Tel Aviv 4 4 Bangkok 6 5 Doha 9 6 Toronto 7 7 Singapore 10 8 Johannesburg Atlanta Bahrain Beirut Philadelphia Montreal Alexandria (EG) 8 11 5 13-12 14 9 10 11 12 13 14 15
The East presents the highest growth rates Passenger Growth Bahrain Philadelphia NEW!! Montreal Johannesburg Alexandria (EG) Atlanta Singapore Bangkok Toronto Tel Aviv Beirut Cairo New York Dubai Doha -40.0% -30.0% -20.0% -10.0% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0%
Re-ordering also in the airlines market shares & ranking Top 10 Airlines (according to scheduled passenger traffic) Market Share 2007 Market Share 2006 Rank 2007 Rank 2006 Olympic Airlines 34.8% 36.3% 1 1 Aegean Airlines Lufthansa Alitalia 24.4% 4.4% 3.5% 22.4% 5.2% 4.0% 2 3 4 2 3 4 easyjet 3.3% 2.7% 5 7 Swiss Cyprus Airways 2.5% 2.4% 2.4% 2.7% 6 7 9 6 Air France British Airways KLM 2.4% 2.3% 1.8% 2.7% 2.6% 1.9% 8 9 10 5 8 10
Limited Presence of airline alliances Others 24.8% International Passengers 2006 Homebase Carriers 34.1% International Passengers 2007 OneWorld 7.3% Others 26.3% Homebase Carriers 35.3% SkyTeam 17.5% Star Alliance 16.4% OneWorld 6.6% SkyTeam 16.1% Star Alliance 15.7%
Consistently high load factor levels 100 90 2006 2007 80 70 + 0.3 points - 1.2 points - 0.6 points 60 50 40 30 68.0 68.3 70.8 69.6 69.7 69.1 20 10 0 Domestic International Total
Greek vs foreign residents Total traffic 52% 48% Total traffic (mio pax) 2006 2007 % change 06-07 Greeks 7.4m 7.9m +6.8% Foreigners 7.6m 8.6m +12.4% Greek residents Foreign residents Source: AIA Passenger Survey
Residency of incoming passengers 1 2 3 4 5 6 7 8 9 10 Main residence country 2007 % change 06-07 United States 1.1 m +14% United Kingdom 660,000 +8% Germany 590,000 +6% France 550,000 +1% Italy 520,000-3% Cyprus 400,000 +16% Spain 310,000 +25% Canada 260,000 +21% Australia 250,000 +19% Sweden 210,000 +24% Source: AIA Passenger Survey
Purpose of trip 32% 70 60 62 68% 50 Business Leisure 40 36 37 30 20 10 24 21 11 0 Holidays /Tourism Business Purpose VFR Greek residents Foreign residents Source: AIA Passenger Survey
International arrivals of foreign residents 4,000,000 3,500,000 + 12% 3,000,000 2,500,000 + 18% 2,000,000 1,500,000 1,000,000 500,000 3,111,789 3,479,601 1,959,950 2,312,627 0 Foreign residents Foreign residents on vacation 2006 2007 Source: AIA Passenger Survey
International arrivals of foreign residents by region 1,400,000 1,200,000 +12% 1,000,000 800,000 600,000 400,000 200,000 +56% 0 Western Europe Eastern Europe 2006 2007 600,000 500,000 +15% 400,000 300,000 200,000 100,000 +9% +21% +84% +29% 0 Middle East Asia Pacific North America South America Africa Source: AIA Passenger Survey 2006 2007
Indirect traffic development 1060000-1% 2007 910000 760000 +35% 610000 460000 310000 160000 995,400 722,100 +33% 449,600 +70% 140,900 +10% 43,600 +58% 54,900 10000 Western Europe America Asia Pacific Eastern Europe Africa Middle East Source: AIA Passenger Survey
Top 15 indirect destinations Chicago New York Boston Melbourne Sydney Paris Los Angeles Toronto San Francisco London Washington Barcelona Tokyo Beijing Lisbon 0 10000 20000 30000 40000 50000 60000 70000 80000 90000 Source: AIA Passenger Survey
Ticket booking 100% Domestic 12 13 International 6 6 80% 13 21 +62% 22 30 +36% 60% 40% 71 60 70 57 20% 0% 2006 2007-2006 2007 Travel Agent/Tour Operator Internet/PC Airline directly Source: AIA Passenger Survey
e-booking 2006 2007 % change 06-07 Internet penetration total traffic Greeks 10% 18% +80% Foreigners 27% 35% +30% Source: AIA Passenger Survey
e-booking 100% 90% 80% 77% 70% 60% 50% 53% 52% 48% 48% 45% 45% 43% 42% 40% 36% 35% 35% 34% 33% 30% 30% 20% 10% 0% Av. LCC SK SN CO AB BA LX US AP AZ KL AF A3 LH DL Source: AIA Passenger Survey
e-booking amongst Greeks 100% 90% 80% 75% 70% 60% 50% 40% 30% 20% 40% 28% 28% 27% 25% 24% 21% 10% 0% Av. LCC BA LX A3 AF LH KL AZ Source: AIA Passenger Survey