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