Tag: AEGEAN

AEGEAN continues to invest in Thessaloniki and accelerating travel experience, through its new Business lounge in “Makedonia” International Airport

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The brand-new AEGEAN Business Lounge, in “Makedonia” International Airport, welcomed its first visitors during last week, accelerating travel experience offered in a venue characterized by aesthetics, design and comfort, reflecting in the best possible way Thessaloniki as a destination and the recently upgraded airport.  Inspired by the simple, sculptural traditional Greek architecture and expanding in […]

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AEGEAN: Positive Cash Flow in the second quarter despite limited activity | Significant reduction of losses

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AEGEAN announces the financial and operating results for the second quarter and the first half of the year. The restrictive measures in force until mid-May continued to weigh heavily on Group’s activity and results. However, the efforts to adjust flight operations within these restrictions in conjunction with cost management and gradual flight activity re-start towards […]

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Aegean: 5,2 mil. passengers and €228 mil. Net Losses in full year 2020

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AEGEAN announces financial results for the fourth quarter and the fiscal year 2020. The resurgence of the pandemic and the renewed restrictive measures imposed in Europe and in Greece, heavily impacted the Group’s activity and load factors in the fourth quarter. Sectors flown were 61% lower than 2019 while passenger traffic was lower by 77% […]

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AEGEAN: Net losses after tax of €28 mil. in Q3-20, carrying 2 mil. passengers

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AEGEAN announces a trading update for the third quarter and nine-month period ending September 30, 2020. The partial lifting of travel restrictions across Europe as of July allowed the gradual resumption of international flights. Nevertheless, several countries remained inaccessible, demand was weak due to the pandemic while the lack of coordination on travel protocols weighed […]

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AEGEAN: Flight cancellations and reschedules due to personnel work suspension on November 25th, 26th and 27th 2020

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AEGEAN and Olympic Air would like to inform all passengers that as a result of the Civil Aviation Authority personnel work suspension on November 25th, 26th and 27th 2020, are obliged to reschedule and cancel flights from their network as following. Specifically, as a result of the 6hour work suspension of the Air Traffic Control […]

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AEGEAN informing its passengers for their travel arrangements following the new national travel restrictions announced

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Following yesterday’s announcements for a 2nd national lockdown and the relevant travel restrictions effective as of Saturday 7/11 at 06.00 and up until 30/11, AEGEAN informs its passengers that in order to ensure their timely and smooth adjustment to the new travel conditions it will not proceed to any cancelations or changes in any of […]

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Hygiene Attendant: Another new initiative from AEGEAN for safer travel

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Focusing on passengers’ safety and aiming for air travel to remain amongst the safest travel means, AEGEAN introduces to its passengers the Hygiene Attendants. Hygiene Attendants will bear a special insignia and will assist passengers to follow all safety measures while boarding, in flight, and during disembarkation and thus assuring that air travel remains the safest […]

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AEGEAN temporarily suspends its international network flights as of 26 March and up until 30 April

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Given the extraordinary circumstances of the COVID-19 pandemic, travel restrictions imposed by Greece, EU and other states, as well as the newly adapted measures for the restriction of unnecessary movements in Greece, AEGEAN is obliged to proceed with the temporary suspension of its international flights, as of March 26. This decision stems from the commitment […]

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AEGEAN, 2019 Financial Results: 10% rise in consolidated revenue at €1.30bn with 15 mil. passengers

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AEGEAN announces financial results for fiscal year 2019, showing a 10% rise in consolidated revenue at €1,308.8 mil. Net earnings after tax increased by 15% at €78.4 mil. Passenger traffic increased by 7% with AEGEAN and Olympic Air carrying 15 mil. passengers. EBITDA reached at €269.4m while cash and cash equivalents reached €516,9m. Mr. Dimitris […]

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AEGEAN to offer greater flexibility

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AEGEAN would like to inform that will offer further flexibility to already issued and newly booked tickets.  Therefore, AEGEAN will expand its already implemented flexibility initiative for reissuing options without rebooking fees. All passengers – with tickets already issued prior and up to March 9th – travelling to all network destinations with travel date until […]

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