Air Piraea
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Hubs | Alikianos–Ioannis Apostolou International Airport, Alikianos | ||||||
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Focus cities | Hersonissos International Airport, Hersonissos | ||||||
Frequent-flyer program | Petó | ||||||
Subsidiaries | |||||||
Fleet size | 1 | ||||||
Destinations | 0 | ||||||
Company slogan | Πετώντας μαζί ("Flying Together") | ||||||
Traded as | ALKX: APIRA | ||||||
Headquarters | Alikianos–Ioannis Apostolou International Airport, Alikianos, Piraea | ||||||
Key people | Markos Palamaroulis, CEO | ||||||
Revenue | |||||||
Profit | |||||||
Website | airpiraea.pr |
Air Piraea S.A. (Piraean: Aeroporía Πιραεα Ανώνυμη Εταιρεία) is the flag carrier airline of Piraea, as well as the largest airline of the country by number of passengers and destinations served. Its hub is at the Alikianos-Ioannis Apostolou International Airport, from where it covers routes in three continents, although the Hersonissos International Airport is used as a focus city during summer season, covering extra scheduled destinations.
History
Beginning
Air Piraea was founded during the Second Piraean Republic under the name "T.A.E.; Technical and Aeronautical Holdings" (Τ.Α.Ε.; "Τεχνικαί Αεροπορικαί Εκμεταλλεύσεις") as a holding of previously nationalised small airlines services that were operating short routes between Piraea and Amathia. TAE was commissioned with the transport of cargo in Piraea, especially to northernmost and mountainious regions, until 1951, when the businessman Christodoulos Anastou presented the military government with the option of funding a portion of the airline in order to cover international commercial routes. On 1 September 1951, the airline operated the first international service as a civil airline, covering Alikianos-Adunis.
TAE commenced its consolidation and expansion making use of the legal monopoly it was given of the air transport in Piraea. During the 1950s, the airline expanded through Rahelia and South Euclea with Douglas DC-4 airplanes, covering Madinat, Himera, Verlois and Precea. The normalisation of relations with Etruria also enabled the expansion of commercial flights to Tyrrenhus and Povelia. During first years of the 1960s, with the economic boom of tourism, air transport was liberalised, igniting the competence of TAE with other airlines.
Privatisation
Subsidiaries
Air Piraea's subsidiaries are:
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Ownership
During 1996, Air Piraea underwent a process of privatisation and internal re-organisation. The process culminated the 6th June 1996, when the airline debuted in the Alikianos Stock Exchange and included in the AKEX 25. The airline's shares were divided among some of the most influential companies in the Alikianos parqué, such as Ena-Credit Alikianos–25.7%, KEBS–12.8%, Sarkiades Group–3%. The remaining shares were divided between Piraean pensioners, cooperative funds and others.
Destinations
Air Piraea codeshares with the following airlines and railway operators:
Fleet
Air Piraea counts with a fleet of mostly A-planes of Euclean origin, which are used in its short, medium and long haul destinations. The airline counts, as of 2023, with a majority of A330-200 (19) that generally cover destinations in North Euclea, Rahelia and Senria. In 2022, the CEO of the company, Markos Palamaroulis, recognised that the airline is in search of leasing some of its largest planes and initiating a restructuring of the fleet, due to a decrease in flights in competition with railways.
Current fleet
Aircraft | In service | Orders | Passengers | Notes | |||
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B | E+ | E | Total | ||||
A320-200 | 13 | 2 | — | — | 186 | 186 | |
A321-200 | 11 | 3 | 50 | — | 124 | 174 | |
A330-200 | 19 | — | 19 | — | 268 | 288 | 1 planned to be converted into A330 MRTT for the Piraese Air Force |
A330-300 | 8 | — | 29 | 21 | 242 | 292 |