Athens airport first-quarter net profit falls 28%, hit by price adjustments

Athens International Airport

18/05/2026 08:57

May 18 (Reuters) - Athens International Airport's AIAr.AT first-quarter net profit dropped by 27.9% after a temporary discount on passenger charges and regulatory pricing adjustments overshadowed increased traffic, it said on Monday.

Net profit in the three months to March 31 fell to 18.9 million euros ($21.99 million) from 26.2 million euros a year earlier.

Passenger numbers reached 6.3 million, up from 5.8 million in the first quarter of 2025, driven by strong growth in January and February.

Total revenue dropped by 5.7% to 117.9 million euros, mainly owing to a 30% temporary discount on Passenger Terminal Facility charges from October 2025 to the end of last month.

Greece's largest airport reaffirmed its 2026 guidance for traffic growth in a low single-digit percentage despite ongoing conflict in the Middle East.

($1 = 0.8594 euros)

(Reporting by Antonis Pothitos; Editing by Gus Trompiz)

((antonis.pothitos@thomsonreuters.com; +48 58 769 65 78;))