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04. Market Overview
Key Developments 2010 Chart 4.1
2010 was a year of recovery for the global aviation Passenger Traffic Development 2009-2010
industry, with airports worldwide seeing increased
passenger volumes. However, recovery progressed in a Regarding the number of aircraft movements, these were
two-paced manner, with developing markets illustrating more severely affected and amounted to 191.8 thousands in
rapid growth, and more mature markets presenting a 2010, 8.7% below corresponding 2009 levels, with domestic
more conservative recovery. Europe, impacted by the operations experiencing a decline of 11.4%, amounting to
continent’s economic uncertainty and continuing debt 92.5 thousand, and international flights presenting smaller
crisis, as well as the disruptions due to the volcanic ash
during April and the heavy snowfalls during December
2010, showed a slow demand recovery.
Beyond these industry-wide developments, the extremely
difficult financial and economic situation in Greece
topped by the fleet and network consolidation of the
two home-based carriers has led to major capacity cuts
in the Greek Aviation market and has affected Athens
International Airport’s traffic, mostly in the domestic
sector. More specifically, AIA passengers for the year
2010 amounted to 15.4 million, experiencing a moderate
decline of 5% compared to 2009, with domestic air
travellers experiencing a decline of 9.4%, amounting
to 5.5 million, and the international sector illustrating
a more robust performance, registering a small loss of
2.4%, with 9.9 million travellers (see chart 4.1).
Key Developments 2010 Chart 4.1
2010 was a year of recovery for the global aviation Passenger Traffic Development 2009-2010
industry, with airports worldwide seeing increased
passenger volumes. However, recovery progressed in a Regarding the number of aircraft movements, these were
two-paced manner, with developing markets illustrating more severely affected and amounted to 191.8 thousands in
rapid growth, and more mature markets presenting a 2010, 8.7% below corresponding 2009 levels, with domestic
more conservative recovery. Europe, impacted by the operations experiencing a decline of 11.4%, amounting to
continent’s economic uncertainty and continuing debt 92.5 thousand, and international flights presenting smaller
crisis, as well as the disruptions due to the volcanic ash
during April and the heavy snowfalls during December
2010, showed a slow demand recovery.
Beyond these industry-wide developments, the extremely
difficult financial and economic situation in Greece
topped by the fleet and network consolidation of the
two home-based carriers has led to major capacity cuts
in the Greek Aviation market and has affected Athens
International Airport’s traffic, mostly in the domestic
sector. More specifically, AIA passengers for the year
2010 amounted to 15.4 million, experiencing a moderate
decline of 5% compared to 2009, with domestic air
travellers experiencing a decline of 9.4%, amounting
to 5.5 million, and the international sector illustrating
a more robust performance, registering a small loss of
2.4%, with 9.9 million travellers (see chart 4.1).
