Latest News
HomeColumnsArticlesHellenic waterdromes – The dream that became a nightmare

Hellenic waterdromes – The dream that became a nightmare

Today, the Waterdromes of Lavrio, Rafina (Agia Marina), Alexandroupolis, Patras, Volos and Thessaloniki are close to obtaining their license, which is already secured by the one in Corfu.

Investors who have decided to establish seaplane companies in Hellas, have been to hell and back and their torment is not over.

The nightmarish bureaucracy that dissuades each and every investor has been triumphant once again.

After all, the investor from Canada who has been trying to invest in this particular sector for more than 10 years, has become frustrated and suffered the respectable losses.

Today, the Waterdromes of Lavrio, Rafina (Agia Marina), Alexandroupolis, Patras, Volos and Thessaloniki are close to obtaining their license, which is already secured by the one in Corfu.

Furthermore, charter flights are expected, accordingly, across the Argo- Saronic Gulf and perhaps in the Dodecanese.

As for the Cyclades islands, where there are ambitious plans, we remain highly pessimistic, due to the weather conditions in the area during the summer. Perhaps the Peloponnese and some lakeside areas will be more suitable.

There is also great need for Halkidiki, which requires flights for medical emergencies.
The issue with seaplanes is “tormented and sensitive.”

It is essential for the investors to receive help, because otherwise the State should perpetually forget the possibility of investments.

Investments that Hellas needs now more than ever.

Managing Partner - Emmanuel A. Gyzis & Associates Law Offices | + Posts

Emmanuel A. Gyzis is managing partner of Emmanuel A. Gyzis & Associates Law Offices.

He was born in Athens, Greece, 13 January 1947; admitted to Athens Bar Association 1974. Education: University of Athens, Law School (1972), London, (L.LM. 1980), specialized in Aviation Law and originally worked in the respective field on behalf of British Tour Operators and Charter companies. 

With longstanding journalistic and writing activity, his articles have been published in financial newspapers and magazines specialized in Aviation and Tourism. Author of pioneering monographs on the development issues of Olympic Airways (1989), he has published during a course of many years, a series of articles regarding its viability, its position in the international environment, as well as for other private airlines in general, while at the same time he participated in relevant International and Greek Conferences and Organizations. Successful and long-term engagement with issues regarding private airports / heliports, Low Cost Carriers (LCC), Aircraft Fractional Ownership, Ground handling matters. At his law firm “EMM. GYZIS AND ASSOCIATES”, together with a group of specialized associates he deals mainly with aviation law issues (cooperation with construction companies for commercial aircraft and leasing companies) and tourism law issues, specializing in mass tourism from/ to Greece and occasionally cooperating with Tour Operators. Since 1993, he has founded a number of Greek and foreign airline companies, on behalf of his clients, in accordance with the applicable legal status. He has participated in committees for the drafting of legislation regarding air transport, such as private airports, the Presidential Decree for private heliports and the Basic Legislation of the Aviation Code and he is the General Secretary of the Hellenic Aviation Society. For many years, he has been studying emerging markets, as a consultant for foreign companies, which plan to invest worldwide.

LANGUAGES: English.

MEMBER: Athens Bar Association, International Bar Association, European Society of International Law (ESIL), American Society of International Law (ASIL), British-Hellenic Chamber of Commerce, Greek-American Union, Hellenic Aviation Society.

PRACTICE AREAS: Aviation Law, Aerospace Law, Tourism and Transport Law, (European) Commercial and Company Law. Arbitration. Establishment and Operation of foreign companies in Greece. Project Finance. Free Movement of Capital. Privatization. Foreign/ Hotel Investments. Mergers and Acquisitions.

19/04/2024
18/04/2024
17/04/2024
16/04/2024
15/04/2024
12/04/2024