AEGEAN announced its strategic decision to invest in – initially – four aircraft of a “specially configured”, upgraded version of the A321neo, with longer range capability, which will be able to reach and serve markets outside the EU, mainly in the south and southeast of Greece. These new and specially configured aircraft will have a […]
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-Steadily increasing international passenger traffic in Athens and Thessaloniki during the winter months -High flight occupancy rates exceeding 80% AEGEAN’s passenger traffic report for the first quarter of the year is particularly positive, with an 11% increase in traffic on both the domestic and international networks. In particular, AEGEAN in the traditionally weaker quarter of […]
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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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€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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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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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 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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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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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 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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