Athens International Airport S.A. (AIA) was established in 1996 with the purpose of building, maintaining and operating the Athens International Airport "Eleftherios Venizelos" for a period of 30 year in accordance with the respective concession agreement. The said concession, which constitutes one of the largest and most important partnerships between the Greek State and the private sector, expires in 2026. Currently, the shareholders of AIA are the Greek State (25%), HRADF (30%), AviAlliance GmbH (26.7% plus 8 shares), AviAlliance Capital GmbH (13,3%) and D. Copelouzos' family (5% minus 8 shares).
In addition, the Greek State has transferred to HRADF the right to extend the existing concession by 20 additional years (until 2046); the relevant negotiations between HRADF and AIA have already commenced.
Eurobank Group and Lamda Infrastructure Finance S.A. are acting as financial advisors to HRADF for the extension and law firms Potamitis Vekris and Clifford Chance are acting as its legal counsels.
The monetization of HRADF’s stake in the share capital of AIA will be considered at a later stage.
More information about AIA can be found on its website: www.aia.gr