21 07 - 2014

Athens International Airport recognised by ATRS with Efficiency Excellence Award

Athens International Airport (AIA) recently scooped Air Transport Research Society's (ATRS) Top European Small-Medium Size Airport Efficiency Excellence Award in its annual benchmarking study of commercial airports spanning Europe, Asia and the Pacific, and North America.

Based on an in depth analysis of airport cost and revenue data, the study assesses the productivity and efficiency of almost 200 airports.

Commenting on the occasion was CEO, AIA, Yiannis Paraschis: "We are very pleased and indeed honoured that Athens International Airport has been distinguished by the esteemed Air Transport Research Society as the most efficient airport in its category in the performance benchmarking.

Paraschis continued: "Thanks to its solid basis, AIA has managed, despite adversities, to address significant market challenges, protect its business model and continue to deliver substantial value to all stakeholders and the Greek economy.

"Targeted efforts towards minimising traffic losses and revenue streams, in combination with operating cost optimisation, have been key to that end and allowed AIA to post healthy results, without compromising its value for money services. At a turning point of strong recovery at present, we believe that what makes an organisation capable of weathering a storm and come out even more efficient and effective, is clearly its ability to continuously change and adapt," he concluded.

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