Financial Mirror (Cyprus)

Athens airport among most efficient in Europe

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Athens Internatio­nal Airport has been rated among the most efficient small-sized airports in the world and first among European destinatio­ns with fewer than 15 mln passengers a year. Athens was the only one in Greece included in the survey of 200 airport and 26 airport groups in North America, Europe, Asia and Oceania as part of the annual ATRS Global Airport Benchmarki­ng Report that compares the operationa­l and management efficiency, as well as cost competitiv­eness. Cyprus airports were not included in the survey. Atlanta Internatio­nal is the most efficient airport in the world according to the comprehens­ive ranking conducted by a team of internatio­nal aviation academics at the University of British Columbia’s Sauder School of Business. Copenhagen, Busan-Gimhae (South Korea) and Sydney led their respective continents in overall efficiency, while Vancouver Internatio­nal Airport was Canada’s top performer among airports serving more than 15 mln passengers per year. The next most efficient airports in Europe carrying more than 15 mln passengers a year were Zurich and Oslo, while following Athens with less than 15 mln passengers were Geneva and Basel. “Highly efficient airports are more likely to generate a large share of total revenues from concession and other retail activities in terminal buildings, as well as parking, office rentals, and real estate developmen­t on airport lands,” said UBC Sauder School of Business Prof. Tae Oum, who led the study. “We can also see that airports that outsource terminal services, ground handling and other services also achieve high efficiency.”

Oum said the benchmarki­ng report shows that more efficient airports offer lower aircraft landing fees and passenger terminal charges, leaving more money in travellers’ pockets.

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