New AEGEAN routes from Thessaloniki | 7 aircraft based at “Macedonia”

The launch of new routes to Amsterdam and Naxos, the resumption of the route to Israel and increased passenger traffic in the first two months of 2024 are proof that Thessaloniki is still at the heart of AEGEAN’s investments, according to the company’s CEO Dimitris Gerogiannis, as held during his participation in the Greece Talks […]

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AEGEAN: Strong growth momentum and profitability in 2023 | 30 new destinations, €246.8 million EBIT

€1.69 billion Working Cycle boosted by 27% by 2022. €400.4m EBITDA, 46% higher than 2022. €246.8 million EBIT profit with 14.6% operating margin. €168.7 million Profit after tax, 58% higher than 2022. AEGEAN closed 2023 with strong growth and profitability momentum for AEGEAN, which recently announced its financial and operating results for the year 2023. […]

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corfu

Which?: Wizz Air has the title of the worst low cost airline in the UK. The best and worst airlines in the UK | 4 stars for customer service for Aegean

-Wizz Air has been named the worst low-cost airline choice with the Golden Raspberry for the second year in a Which? survey, picking up poor performance and £1.24 million ($2.53 million) in unpaid refunds to passengers. While, the equivalent award in the traditional carriers was awarded to Lufthansa. In the survey, Greek Aegean Airlines stands […]

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Suspension of AEGEAN flights to and from Heraklion due to upgrade works at “Nikos Kazantzakis”

Due to planned upgrading works on the runway of “Nikos Kazantzakis” airport in Heraklion, Crete, AEGEAN informs the travelling public that it is obliged to suspend all scheduled flights for the period from 19 to 24 February. AEGEAN, always having as its main priority the uninterrupted service of the passenger public and ensuring the interconnectivity […]

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AEGEAN and Cyprus Airways announce a codeshare partnership  

Improved connectivity and travel options for passengers traveling to and from Cyprus AEGEAN and Cyprus Airways to further expands their international network Seamless connectivity to customers of both airlines to/from Europe and beyond AEGEAN and Cyprus Airways today announced their codeshare agreement connecting the networks of the two flag carriers to offer enhaned connectivty for […]

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Aegean Airlines: 90% increase in Consolidated Revenue, positive EBITDA for the first time in the seasonally weak first quarter and substantially lower after tax losses

AEGEAN announces its key financial and operating results for the first quarter of 2023. Consolidated revenue reached €229,1 mil. 90% higher than Q1-22 and materially 33% more than the pre-pandemic Q1-19. Passenger traffic benefited from increased capacity offered as well as strong demand, even during the seasonally weak winter period, recording a 72% increase vs […]

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AEGEAN: Full recovery of Financial Results with demand resurgence and maturing of new fleet investment benefits, after two years of significant losses due to the pandemic

AEGEAN announces its operating and financial results for fiscal year 2022, delivering a strong performance after two years of significant losses due to the pandemic. Consolidated revenue in 2022 reached €1,34 bil., 98% higher than 2021 and 2% more than 2019. In 2022, the Group offered 15,8 mil. seats and carried 12,5 mil. passengers, 73% […]

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AEGEAN to create the first aviation ecosystem for technical support services and training in Greece

With an investment of € 140 million, AEGEAN creates the country’s first Maintenance, Repair and Overhaul Facility and the first Simulation Facility for pilots and cabin crew members in one of Europe’s first “green” Hangar.  AEGEAN is moving forward with a new investment of 140 million euro to establish the first Maintenance, Repair and Overhaul […]

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Thessaloniki remains firmly at the core of the development plan for AEGEAN and Fraport Greece

At a joint event held on Monday 12 December in Thessaloniki, AEGEAN and Fraport Greece presented their activities at Macedonia Airport and the dominant position of the destination in the strategy of both companies. At the same time, they discussed with local stakeholders from the city, tourism, education, and culture about the possibilities of further […]

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AEGEAN

AEGEAN AIRLINES: Profitable 2nd quarter following recovery in passenger traffic | Strong trend in demand continues in the 3rd quarter.

AEGEAN announces its financial and operating results for the second quarter and the first half of the year. Passenger traffic has significantly increased by 171% in the second quarter of 2022, reaching 3,3 mil. passengers from 1,2 mil. in the corresponding quarter of 2021. Load factors have also improved, at 79,2%, 23 p.p. higher compared […]

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