AIR TRANSPORT OPPORTUNITY IN GREECE 

Calling businesses involved in airport and waterdrome operation and associated services, seaplane servicing, air tourism services, scheduledflights, charter operation and air freight.   

The Greek government is set to introduce a huge expansion in its air travel infrastructure through the development of a series of new Waterdromes in the Greek territory. The plan is for 60 new facilities by 2025 which will be served by a 20 seaplanesfleet. The estimated investment requirement is €43,83m.

Developing seaplanes routes within Greece will help to establish routes with Croatia, South Italy and Turkey. In the mid-term, Malta and Spain are also expected to enter the seaplane market creating thus a large-scale trans-European Network, offering valuable transport services to millions of people.

Domestic demand is partly driven by the fact that there are 16,000 km coastline, some 227 inhabitedislands in Greece but only 34 of them have airports. Seaplanes are a practical solution to existing transportation problems and offer a competitive advantage over other current means of transportation, e.g. the Greek ferry network.

The authorities are looking for help with the setup & operation of:

  • A 60 waterdrome network comprising 2 metropolitan, 13 central and 45 peripheral waterdromes
  • 13 Fuel stations
  • A technical base for seaplane maintenance
  • Operation (scheduled, charter, cargo, med flights) by 20 seaplanes

The organization;‘Greek Water Airports’ and the ‘New Seaplane Operator’has been established and is looking for partners, in order to complete the investment.

Competition

Scheduled seaplane service exists in only a handful of places and there are less than 20 operators world-wide. Local competition therefore is minor and comes only on certain geographical territories from existing transportation methods of such as the fast ferries (flying dolphins and catamarans).

 

CONTACT DETAILS

For more information about how you or your client might take advantage of this opportunity see the contact details below. 


Contact Person:Dimitrios Mandilaras
Orion Certified Auditors SA
Phone: (+30 210) 884 6374
EMail: d.mandilaras@orion-audit.gr
Firm website: www.adamsmiles.com

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AGN International Ltd (and its regional affiliates; together "AGN") is a not-for-profit worldwide membership association of separate and independent accounting and advisory businesses. AGN does not provide services to the clients of its members, which are provided by Members alone. AGN and its Members are not in partnership together, they are neither agents of nor obligate one another, and they are not responsible or liable for each other's services, actions or inactions.

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