Athens International Airport S.A · ATHEX:AIA
Athens International Airport — Munich Airport — 5th Airport Chief Executives' Symposium 2017
9 slides from Athens International Airport's conference presentation, Nov 24, 2017
Slide 1: 5th Airport Chief Executives' Symposium
5th Airport Chief Executives' Symposium Athens 24.11.2017 Dr. Michael Kerkloh – November 2017
Slide 2: The Chinese Market – An untapped potential?
The Chinese Market – An untapped potential? • The Chinese Market has grown significantly in the last decades, however, it remains one of the largest untapped potentials in the world. • In 2016, the Chinese Market of has offered more than around 1.3 billion seats, roundabout one seat per inhabitant.
Slide 3: Growth will be happening – but where?
Growth will be happening – but where? • Despite significant growth in the last decades, Chinese capacity is still directed towards Asian markets, particularly domestic traffic. • Only 1% of flights are connecting China to Europe or North America, respectively. This has hardly changed in recent years
Slide 4: German-Chinese market: Restrictions to growth
German-Chinese market: Restrictions to growth • In spite of the significant potential, growth is impeded by two major restrictions: Air Service Agreements and airport capacity. • Around 80% of capacity is provided by the Lufthansa / Air China Joint Venture signed in 2016. Frequencies flown by German
Slide 5: Approaches to airport capacity shortages
Approaches to airport capacity shortages • Key airports in Germany and China face a similar problem: Access to airport slots is increasingly scarce. • Munich Airport has been heavily constrained for years and is pushing for an airport expansion with a third runway since 2005 (best case: operational
Slide 6: German-Chinese market: Growth through indirect traffic
German-Chinese market: Growth through indirect traffic • The limitations set by the ASA have caused direct traffic to stagnate since 2006, whereas indirect traffic has continued to grow. • Countries with more liberal ASAs with China will manage to capture significant demand in coming years. Munich t
Slide 7: Munich-China: Direct traffic
Munich-China: Direct traffic • The level of passengers flying directly between Munich and China has been very much driven by the supply provided by Lufthansa and Chinese airlines. • Munich Airport is working with airlines and authorities to support an expansion of the current ASA regime. Increased t
Slide 8: Munich Airport: Experience with Chinese tourists
Munich Airport: Experience with Chinese tourists Length of trip: Typically 1-2 weeks across Europe Typical roundtrip includes: Paris, Switzerland, Italy, Germany Favorite region in Germany: Bavaria Favorite activities: Sightseeing & Shopping High dependence on online services (e.g. booking) and mobi
Slide 9: Thank you!
Thank you! \\ {
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