Olympic Air and Aegean Airlines A320
Aegean Airlines reported a first-quarter after-tax loss of €8.4 million ($11.5 million), narrowing the consolidated €13.2 million loss reported for the same period last year. The airline said the financial results were not directly comparable year-over-year because of the acquisition of Olympic Air, which was completed in October 2013. As a result, the airline consolidated the first-quarter 2013 results on a pro-forma basis, assuming inclusion of Olympic Air in the respective ...
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