ICAP: Greece’s airline market shows robust performance in 2013-2015
Greece’s airline market is seeing steady growth thanks in large part to the improvement of the country’s airport infrastructure and to the expansion of the tourist season, ICAP found. Examining the 20013-2015 period, the ICAP study found that the Greek airline market has grown in the last 3 years at an annual rate of 9% together with ground handling services. Boosting the country’s airline performance is the fact that Greece is a popular international destination welcoming a large number of tourists from abroad. In 2015, more than 430,000 flights and 49m passengers were handled at Greek airports by domestic and foreign airlines, up by 10% compared to 2014. Meanwhile, 18 of the 21 Greek airlines saw an 11.5% increase of total assets in 2014-2013, with total company sales up by 6.4% and gross profit up by 20.4%. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-09-27/general/icap-greece2019s-airline-market-shows-robust-performance-in-2013-2015
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ICAP: Greece’s airline market shows robust performance in 2013-2015
Greece’s airline market is seeing steady growth thanks in large part to the improvement of the country’s airport infrastructure and to the expansion of the tourist season, ICAP found. Examining the 20013-2015 period, the ICAP study found that the Greek airline market has grown in the last 3 years at an annual rate of 9% together with ground handling services. Boosting the country’s airline performance is the fact that Greece is a popular international destination welcoming a large number of tourists from abroad. In 2015, more than 430,000 flights and 49m passengers were handled at Greek airports by domestic and foreign airlines, up by 10% compared to 2014. Meanwhile, 18 of the 21 Greek airlines saw an 11.5% increase of total assets in 2014-2013, with total company sales up by 6.4% and gross profit up by 20.4%. <br/>
