Greece gaining in popularity again for summer holidaymakers; Aegean Airlines and Ryanair help grow seat capacity by over 20%

Athens is booming again. The Greek capital airport has welcomed new services from over a dozen airlines this year including Aegean Airlines (to Abu Dhabi), Gulf Air (to Bahrain), Singapore Airlines (to Singapore) and Ryanair (to Milan Bergamo). Across all Greek airports passenger numbers were up an astonishing 30% in an Easter-enhanced April.

Families all across northern Europe will be counting down the days to the start of the long school summer holidays, when according to ancient tradition, destinations that can guarantee some good value, child-friendly accommodation will be headed for. Greece has for many years been one of the most popular destinations, but in recent years countries such as Egypt, Morocco and Turkey have all gained a significant share of the market. Passenger numbers at Greek airports peaked in 2007 at just over 41 million, just before the recession hit many parts of Europe and in particular Greece.

Chart: Greek airport traffic 2002-2013 Annual passengers (millions)

Source: HCAA.

However, with Egypt’s tourism market still suffering from the political situation in the country, Greece is becoming more popular again it seems, as a ‘safe’ destination. Helped admittedly by the re-timing of Easter into April this year, Greece’s airports reported a 30.4% growth in passenger numbers in April. Although unlikely to be repeated for the rest of the summer, analysis of schedule data for August 2014 and August 2013, shows that international seat capacity is up almost 23% across all Greek airports this summer, with a net gain of well over 130 new routes.

Aegean Airlines and Ryanair growing seat capacity by 40%

Analysing the August schedule data by airline reveals that all of the top 15 airlines operating international flights to Greek airports this summer have increased their seat capacity compared with the previous year. The two biggest airlines for international flights, Aegean Airlines and Ryanair, are also among the fastest-growing; Aegean adding almost 39% more seats, and Ryanair 43% more. However, the fastest-growing by a big margin is Vueling, which has almost trebled its seat capacity in the Greek market. From its new Rome Fiumicino base alone Vueling will have added eight new services to Greek airports by the beginning of August.

Chart: Greece's leading international airlines Change in scheduled seat capacity Aug 14 v Aug 13

Source: Innovata / Diio Mi for w/c 12 August 2013 and w/c 11 August 2014.

Ryanair has opened bases in Athens and Thessaloniki this year and has started 13 new routes this summer, while dropping just two. Aegean Airlines, now having fully absorbed Olympic Air, has added almost 40 new services this summer while dropping just eight.

All top 15 airports see capacity growth of more than 10% this summer

Impressively, traffic growth appears to be spread across all Greek airports. The top 15 airports for international traffic are all reporting capacity growth of more than 10% this summer, with Athens Airport, the country’s busiest, seeing a 25% increase in international seat capacity. It has been helped by new services from a wide range of airlines including Aegean Airlines, Alitalia, Brussels Airlines, easyJet, Gulf Air, Meridiana, Ryanair, SAS, Singapore Airlines,, France and Vueling.

Chart: Greece's leading international airports Change in scheduled seat capacity Aug 14 v Aug 13

Source: Innovata / Diio Mi for w/c 12 August 2013 and w/c 11 August 2014.

The fastest-growing Greek airport this summer is Kalamata. Whether its appearance in the opening scene of the 2013 movie Before Midnight has been a significant factor is not known, but this summer the airport welcomes eight new services; four from Condor (Düsseldorf, Frankfurt, Munich and Stuttgart), three from Aegean Airlines (Düsseldorf, Paris CDG and St Petersburg), and one from easyJet (to Hamburg). Last year, Kalamata’s passenger numbers grew by 36% to 137,000.


  1. Stewart says:

    I wonder what the capacity growth is for Cyprus? Surprised you haven’t reported on Cyprus selling their last slot at Heathrow and moving it’s UK operations to Stansted from September!

    • Hi Stewart. The capacity growth for Cyprus in August is just over 12% according to Innovata / Diio Mi. As and when we do a story on Cyprus (rather than Greece) I’m sure we’ll be mentioning the airline’s LHR slot sale!

Comments are closed