Page 27 - Ath Airport Profile
P. 27
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Airfreight has always been a good indicator Specifically:
of global economic performance. European • International imports fell by a further 13.4%
financial market developments and the declining
growth rates of major economies alongside reflecting the low demand for imported
deteriorating business confidence and consumer goods. In the export sector and despite an
spending had an immediate negative effect on overall 3% decline, it is worth noting that five
trade volumes as of the second half of the year. months of 2011 demonstrated an increase
Another factor that negatively affected traffic compared to the same months of last year.
was the continuous decline of freight rates • Total international mail remained at the
from competing transportation modes (mainly same level (-0.2%) with outbound volumes
shipping) to very low levels. This is evident in the presenting an increase of 3.9% that was
transportation between Europe and Asia where offset by a simultaneous decrease in inbound
weak airfreight performance is mirrored by the traffic (-2.6%).
upswing in sea transport. Overall, and despite • Volumes transported by freighter aircraft fell
a promising start in 2011, world cargo traffic by 9.3%, also indicating the reduced demand
declined by 0.1% compared to the previous year. of goods, but maintained their market share
(39.1% versus 39.5% in 2010).
In addition to overall market stagnation, • The four integrators (DHL-European Air
the development of cargo traffic at Athens Transport, FedEx Express, TNT and UPS),
International Airport was again severely operating only freighter aircraft, increased
impacted by the critical conditions of the Greek their market share achieving 34.7% of the
economy. Airfreight volumes declined for a total international volumes (compared to
third consecutive year reaching, in 2011, 85,890 33% in 2010).
tonnes, 11.2% below 2010 levels. • Ten airlines carried approximately 70% of
the total international traffic. For the third
Reduced consumer spending and the associated consecutive year the list was headed by DHL
low consumption of goods is more than - European Air Transport and also includes
evident in the development of the following the following carriers: UPS, Aegean Airlines,
two traffic sectors: international inbound Emirates, Lufthansa, British Airways, Olympic
traffic on the one hand and outbound domestic Air, Thai Airways, Delta, and TNT.
volumes on the other, since distribution to the
domestic market is effected also through the Total domestic freight and mail traffic
airport. Both have suffered considerable losses (representing 15% of the market) suffered a
over the last three years. substantial drop of 24.6% and reached 12,943
tonnes. Reduced consumer demand and
In contrast, international outbound traffic was increased competition from maritime transport
affected less and managed to sustain only a are the main reasons for this development.
3% decline, a promising result also attributed
to the support and promotion of Greek exports Specifically:
by public and private institutions. Similarly, • Inbound freight fell by 9.6% while the
compared to freight, mail volumes exhibited a
better overall performance with international outbound sector plummeted by 26.3%.
outbound mail volumes even demonstrating an • Domestic mail declined as well by an average
increase of 3.6% compared to last year.
of 24% in both inbound and outbound traffic.
Finally, volumes carried by freighter aircraft • Freighter aircraft transported nearly half of
declined by 13.4% but retained their market
share (36.4% compared to 37.3% in 2010), 2010 volumes (-41.5%) illustrating the critical
vis-à-vis the traffic carried by passenger aircraft. situation that Greek cargo airlines are facing.
Their market share reached 21%, 6% down
The total international freight and mail traffic from last year.
(representing 85% of the market) amounted • Five airlines shared the domestic traffic,
to 72,947 tonnes presenting a loss of 8.2% with three of them operating cargo flights
compared to 2010. only: Aeroland, Epsilon Aviation and Swiftair
Hellas. Aegean Airlines remained the leading
domestic carrier for the second consecutive
year followed by Olympic Air, Aeroland,
Swiftair Hellas and Epsilon Aviation.
Airfreight has always been a good indicator Specifically:
of global economic performance. European • International imports fell by a further 13.4%
financial market developments and the declining
growth rates of major economies alongside reflecting the low demand for imported
deteriorating business confidence and consumer goods. In the export sector and despite an
spending had an immediate negative effect on overall 3% decline, it is worth noting that five
trade volumes as of the second half of the year. months of 2011 demonstrated an increase
Another factor that negatively affected traffic compared to the same months of last year.
was the continuous decline of freight rates • Total international mail remained at the
from competing transportation modes (mainly same level (-0.2%) with outbound volumes
shipping) to very low levels. This is evident in the presenting an increase of 3.9% that was
transportation between Europe and Asia where offset by a simultaneous decrease in inbound
weak airfreight performance is mirrored by the traffic (-2.6%).
upswing in sea transport. Overall, and despite • Volumes transported by freighter aircraft fell
a promising start in 2011, world cargo traffic by 9.3%, also indicating the reduced demand
declined by 0.1% compared to the previous year. of goods, but maintained their market share
(39.1% versus 39.5% in 2010).
In addition to overall market stagnation, • The four integrators (DHL-European Air
the development of cargo traffic at Athens Transport, FedEx Express, TNT and UPS),
International Airport was again severely operating only freighter aircraft, increased
impacted by the critical conditions of the Greek their market share achieving 34.7% of the
economy. Airfreight volumes declined for a total international volumes (compared to
third consecutive year reaching, in 2011, 85,890 33% in 2010).
tonnes, 11.2% below 2010 levels. • Ten airlines carried approximately 70% of
the total international traffic. For the third
Reduced consumer spending and the associated consecutive year the list was headed by DHL
low consumption of goods is more than - European Air Transport and also includes
evident in the development of the following the following carriers: UPS, Aegean Airlines,
two traffic sectors: international inbound Emirates, Lufthansa, British Airways, Olympic
traffic on the one hand and outbound domestic Air, Thai Airways, Delta, and TNT.
volumes on the other, since distribution to the
domestic market is effected also through the Total domestic freight and mail traffic
airport. Both have suffered considerable losses (representing 15% of the market) suffered a
over the last three years. substantial drop of 24.6% and reached 12,943
tonnes. Reduced consumer demand and
In contrast, international outbound traffic was increased competition from maritime transport
affected less and managed to sustain only a are the main reasons for this development.
3% decline, a promising result also attributed
to the support and promotion of Greek exports Specifically:
by public and private institutions. Similarly, • Inbound freight fell by 9.6% while the
compared to freight, mail volumes exhibited a
better overall performance with international outbound sector plummeted by 26.3%.
outbound mail volumes even demonstrating an • Domestic mail declined as well by an average
increase of 3.6% compared to last year.
of 24% in both inbound and outbound traffic.
Finally, volumes carried by freighter aircraft • Freighter aircraft transported nearly half of
declined by 13.4% but retained their market
share (36.4% compared to 37.3% in 2010), 2010 volumes (-41.5%) illustrating the critical
vis-à-vis the traffic carried by passenger aircraft. situation that Greek cargo airlines are facing.
Their market share reached 21%, 6% down
The total international freight and mail traffic from last year.
(representing 85% of the market) amounted • Five airlines shared the domestic traffic,
to 72,947 tonnes presenting a loss of 8.2% with three of them operating cargo flights
compared to 2010. only: Aeroland, Epsilon Aviation and Swiftair
Hellas. Aegean Airlines remained the leading
domestic carrier for the second consecutive
year followed by Olympic Air, Aeroland,
Swiftair Hellas and Epsilon Aviation.
