Twenty percent international traffic growth – three times faster than the country’s rate of increase in total tourism air arrivals.
A strong second place finish in the global regional airline category
AEGEAN announces today that it has signed a definitive agreement with MARFIN INVESTMENT GROUP to acquire Olympic Air. The transfer of 100% of Olympic Air shares was completed the same day.
Aegean Airlines scores a repeat success being named the Best Regional Airline in Europe at the 2013 World Airline Awards
Following the completion of the transaction, Olympic Air will become a subsidiary of the listed Aegean. The brand names and logos of the two companies will be maintained and each will have distinct aircraft and flight staff.
3.52 million International passengers – 1.1 million directly to/from regional airports
SKYTRAX 2011 World Airline Awards
Reduction in losses, despite crisis and sharp fuel rise
AEGEAN announces results for the full year 2009. Revenue increased 2%, reaching €622.7m. Earnings before interest, tax, depreciation and amortization and lease costs (EBITDAR) declined 6% to €95.9m. Net earnings after tax reached €23m compared to €29.5m in 2008 (-22%).
Aegean, the largest Greek airline, announced a national cultural initiative, ultimately aiming at boosting the country’s international image, as well as supporting Greek tourism.
