Greek carrier Aegean Airlines reported a 2018 first-half net loss of €13.8 million ($16 million), narrowed from a net loss of €20 million in 1H 2017. Consolidated revenue was up 1% year-over-year (YOY) to €455.7 million. Operating cash flow strengthened to €163.2 million from €127.4 million YOY. Aegean Airlines CEO Dimitris Gerogiannis said the airline further improved load factors and passenger volumes, and continues to expand capacity and optimize its network ...

Subscribe to Access this Entire Article

"Aegean Airlines reduces 1H losses on strong demand, tourism" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.