The Athens International Airport (AIA) announced on Wednesday that its total revenues and other income increased by 9.8% to 509.0 million euros in the first nine months of the year, with all revenue streams demonstrating substantial improvement, ANA reports.
Net Profit rose to195.1 million euros, up 6.4 million euros or 3.4%, compared to 188.7 million in the corresponding period last year.
More specifically, total revenues and other income grew by 9.8% to 509.0 million euros in the first nine months of 2024, compared to 463.61 million euros in the previous year. Strong growth of 13.3% in passenger traffic plus successful commercial activity contributed to momentum across both air and non-air activities.
Adjusted EBITDA increased by 16.9% to 339.9 million compared to the same period last year, driven by strong revenue growth, operational efficiencies, and high EBITDA margins (66.8%).
Based on the announcement, the airport’s passenger traffic totaled 24.6 million, marking a 13.3% increase compared to the same period in 2023 attributed to robust passenger traffic growth, with numbers significantly surpassing the already strong 2023 levels by 9.8% during the peak summer period (July to September).
Domestic and international passengers exceeded the 2023 levels by 7.3% and 16.0%, respectively.
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