Independent journal on economy and transport policy
12:20 GMT+1
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The travel restrictions imposed by the pandemic have strongly affected the operating and financial results of Greece's Attica
The group closed the first half of this year with a -88% drop in gross operating margin
September 30, 2020
MIG specified that the decrease in sales and as a result of the owner's EBITDA due to the reduction in transport activity as a result of the pandemic coronavirus. In particular, the restrictive measures on free trade passenger and vehicle traffic imposed since mid-March 2020 by the Greek government in an attempt to limit the spread of pandemic, as well as the imposition of a protocol for the particularly strict passenger transport, have determined one means a reduction in transport activity: In fact, Attica recorded a record in the first half of 2020. contraction in the volume of traffic carried by the group's ships -56% for passengers, -46.3% of cars -15.6% of trucks compared to the same period of the year last year. In addition, the fleet's ferry journeys are decreased by more than -33%, with 4,446 departures made in the first half of this year compared to 6,683 in the corresponding 2019.
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