aegean

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

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

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

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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AEGEAN

AEGEAN carried 1 million more passengers for 2019 and succeeded a new passenger traffic record of 15 million

AEGEAN set a new passenger traffic record in 2019, reaching the 15 million passenger threshold, recording a 7% increase in total passenger traffic for 2019, a significant achievement marking 20 years of operation. More specifically AEGEAN and Olympic Air carried 14.99 million passengers in 2019, nearly 1 million more than the previous year, offering 17.85 […]

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AEGEAN to become “Official Hellinikon Project Air Carrier”

AEGEAN announces its intention to proceed with an agreement to promote and support the emblematic “Hellinikon Development Project”, the largest project in Greece which is expected to add new momentum to Athens Tourism. AEGEAN has agreed an MOU with Lamda Development for the promotion of the Hellinikon Development Project. As per the agreement, AEGEAN will […]

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AEGEAN: 20% increase in Consolidated Revenue and 30% in Net Earnings in Q2 2019 drive improvement in First Half 2019 results

AEGEAN announces its first half 2019 results with consolidated revenue at EUR 519.4 mil., 14% higher compared to 2018 and net losses narrowing to EUR 13.0 mil. from EUR 13.8 mil. in 2018, including the effect of implementation of IFRS 16 for the first time. The adoption of IFRS 16 has a negative impact on […]

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