Athens International Airport expansion project to meet the rising traffic

Cranes have reappeared in Athens International Airport, more than 20 years after its construction, Nikos Karagiannis notes in a recent report at ypodomes.com

This is the first sample of the investments that will be implemented in the future in order to meet the rising passenger traffic.

The so-called «small-scale» extension of «El. Venizelos» Terminal, the first since 1995, when the concession contract was first signed, commenced in August and construction works regarding the additional building are now in full swing. The completion of the first phase, which requires the operation of the new passport control points is set for May 2019, according to the schedule.

Its final form, that will include shops, will be revealed in May 2020. The contractor of the projects is AKTOR SA. The expansiion had an initial budget of 31m euros (VAT incl., excl. VAT: 25m euros) but the contract was closed at 18m euros (excl. VAT).

The contract includes the southwest extension of the existing Terminal, with new premises covering an area of 14,950 sq.m. The schedule is tight due to the advancing rise in passenger traffic (that reached 21.7m passengers in 2017) and the implementation of new EU security regulations according to which ID cross-checks must be carried out for all European citizens traveling to/from non-Schengen countries.

In terms of architecture and appearance, the new building will follow the style of the existing complex while it will provide more space for the development of retail stores, with several firms being interested due to the airport’s upward trend.

Source: Tornos News

UPDATE. Athens International Airport undergoing expansion to keep up with high demand

Athens International Airport (AIA) is currently undergoing an expansion that will help it deal with passenger traffic which has risen significantly over the past few years.

The project is being carried out by the company Aktor and is the first step in what is meant to be a major project over the upcoming years.

The current 18-million-euro project is set for completion by the end of May next year and focuses on the expansion of the main terminal by 14,950 square meters to the southwest.

The airport handled a record 21.7 million passengers in 2017, with a growing network of 137 destinations operated by 60 airlines. Among the most significant additions to Athens’ connectivity was the launch of direct long-haul connections to Beijing, New York, and Singapore.

The dynamic trend has continued in 2018, with 10.9% growth to over eight million passengers in the first six months of the year. While domestic traffic grew slightly, there was a sharp increase of 16.2% in the number of international travellers. Additionally, to date, foreign residents’ international arrivals grew by 25%. The figures for the summer season are also impressive, with four new airlines (Cyprus Airways, Flynas, Primera Air, Wizz Air), a new based airline (Volotea), 49 new routes, 24 new destinations, and 320 new weekly flights. Frequencies have also been increased on 26 existing destinations, notably Air China adding a third weekly flight on its Beijing route, and Scoot with a fourth weekly frequency to Singapore.

Planning of other works is also underway, regarding operational facilities for departures and arrivals, enhanced passport control for departing passengers, additional check-in and ticket counters, as well as new retail and food & beverage areas.

Source:  Greek City Times

Athens International Airport Expanding Main Terminal to Accommodate Rise in Passengers

Athens International Airport (AIA) is undergoing a small expansion.

The small expansion will help ease passenger flow and allow AIA to better accommodate the rising amount of travelers – as many as 21.7 million people annually.

The 8-million-euro project (without VAT) details expanding the main terminal by 14,950 square meters to the southwest, and is being carried out by Aktor.

Source: Greek Reporter

TAIPED, AIA scrambling to seal Athens airport 20-year extension agreement by fall

State sell-off fund TAIPED and Athens International Airport are in a race against time to seal the new deal regarding the 20-year extension of the airport concession contract, each for their own reasons.

TAIPED has asked its two consultants for new valuations by August 10, so that the new negotiations can take place before early this fall.

The new agreement, which will be in line with the requirements of the European Commission’s competition authorities, is expected to be ready by September or October at the latest.

Source: Ekathimerini.com