Publications

Transactions - JUNE 28, 2019

Greece launches process to sell 30 percent stake in Athens airport

by Andrea Zander

Greece’s privatization agency, TAIPED, has invited expressions of interest for a 30 percent stake in Athens International Airport SA (AIA), operator of the country’s biggest airport.

Bids are due Sept. 30. The tender process would be conducted in two phases, a pre-qualification phase followed by the submission of binding offers.

The privatization agency holds a 30 percent stake in the airport, with the government owning another 25 percent. The remaining portion is held by German-based airport manager AviAlliance and Greek group Copeluzos.

AIA handles a total of 24 million passengers annually.

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