All Aegean Airlines articles
-
NewsAegean boosts first-half revenue during busy European summer travel season
Aegean Airlines boosted revenue for the first half of the year as both international and domestic networks delivered higher results during the European summer travel season.
-
NewsAegean positions to become Volotea shareholder with €25m investment
Greek carrier Aegean Airlines intends to take a stake of up to 21% in Spanish low-cost carrier Volotea after it participated in a round of fundraising with the latter’s shareholders.
-
NewsRevenue boost drives improved Aegean first quarter before currency hit
Greek carrier Aegean Airlines boosted its first quarter financial performance at an operating level after increasing revenues 17% in the first three months of 2024.
-
NewsGreek carrier Aegean implementing Saudia codeshare pact
Greek carrier Aegean is entering a partnership with Saudi Arabian flag-carrier Saudia, which will include codeshare services. The two operators unveiled the deal at the Arabian Travel Market event in Dubai. Under the tie-up Aegean will place its ‘A3’ designator code on Saudia-operated flights to Athens from both Jeddah and ...
-
NewsAegean to configure four A321neos for longer-range operations
Greek carrier Aegean Airlines is to take four Airbus A321neos configured for extended-range operations as it targets markets in Africa, Asia and the Middle East.
-
Airline BusinessWhy Aegean Airlines is prioritising scheduled business in bid to ride out GTF disruption
Aegean Airlines aims to grow scheduled capacity by around 7% this year despite the pressure the Greek carrier faces on aircraft availability due to ongoing maintenance issues related to the Pratt & Whitney GTF engines that power its Airbus A320neo-family aircraft.
-
NewsRomania’s Animawings seeks to expand with A220s as Aegean divests majority share
Romanian operator Animawings has disclosed plans to expand its fleet with Airbus A220s and A320neos, following Greek carrier Aegean Airlines’ divestment of its entire majority shareholding in the company.
-
NewsAegean to gain A320 capacity under Cyprus Airways wet-lease
Greek carrier Aegean Airlines has agreed to wet-lease a pair of Airbus A320s from neighbouring operator Cyprus Airways. Under the long-term pact, the initial aircraft will be deployed to Aegean this month, while the seond will arrive at the end of March next year. Cyprus Airways states that it stands ...
-
NewsCharter carrier Animawings’ founder seeks to acquire stake held by Aegean Airlines
Romania’s competition regulator is examining the proposed acquisition of charter carrier Animawings which is currently majority-owned by Greek operator Aegean Airlines. Animawings was established in 2020 and conducts services to various Greek island destinations. It was founded by travel firm Memento Group whose businesses include the tour operator Christian Tour. ...
-
NewsAegean shareholders indicate preference for ending Greek government’s right to diluting stake
Aegean Airlines has signalled that its shareholders favour buying back warrants relating to pandemic compensation, rather than allow the Greek government to exercise its right to take a diluting share in the carrier. The Greek government provided €120 million ($132 million) to compensate the company for losses caused by the ...
-
NewsAegean adapts operations as it seeks compensation for A320neo engine issues
Greek carrier Aegean Airlines is expecting to reach, by the end of this year, a compensation agreement with Pratt & Whitney over disruption arising from engine inspections on its Airbus A320neo-family jets. Speaking during a 24 November briefing, Aegean chair Eftichios Vassilakis said the airline had been holding “significant discussions” ...
-
NewsAegean Airlines eyes full-year profits high after strong second quarter
Greek carrier Aegean Airlines expects to post record full-year profits for 2023 after disclosing pre-tax earnings for the second quarter of €67.3 million ($72.2 million).
-
NewsAegean cuts pre-tax losses in first quarter on strong growth
Greek carrier Aegean Airlines cut its losses to below pre-pandemic levels for the first three months of 2023, with revenue nearly double last year's figure.
-
NewsAegean and CAE to launch Greece’s ‘most advanced’ pilot training centre
Greece’s Aegean Airlines plans to establish the country’s first advanced flight training centre through a partnership with Canada’s CAE, a top provider of flight simulators for pilot training.
-
NewsAegean reinforces spare-aircraft capacity to protect against supply issues
Greek carrier Aegean is to double its spare aircraft capacity this year in order to protect its network against supply-chain issues. Speaking during a full-year briefing, chairman Eftichios Vassilakis disclosed the plan to retain “a very large number of aircraft” as back-up as it aimed to conduct “significantly higher” activity ...
-
NewsResurgent Aegean turns in full-year profit
Greek operator Aegean is expecting to introduce another nine Airbus A320neo-family jets this year, and take its fleet to 76 aircraft. Aegean says the initial booking indications for the year are “particularly encouraging”, with international traffic and summer sales trends exceeding pre-crisis levels. Its network will cover 161 destinations with ...
-
NewsAegean Q3 profit and revenue top 2019 levels
Greek carrier Aegean Airlines posted revenue and profits above pre-crisis levels during a strong third quarter in which capacity was almost fully restored.
-
NewsAegean full-year profit hopes boosted by strong second quarter
Greek carrier Aegean Airlines returned to profit in the second quarter after trebling revenues following a strong jump back in demand.
-
NewsClimbing revenues help Aegean to narrow first-quarter loss
A sharp jump in revenues enabled Greek carrier Aegean Airlines to narrow losses against 2021 in its low-season first quarter.
-
NewsStrong summer recovery drives reduction in Aegean 2021 losses
An increase of almost two-thirds in revenues last year over the pandemic-hit 2020 helped Greek carrier Aegean Airlines to cut pre-tax losses to €72.5 million ($79.8 million).