Aegean committed to growth, reports €29.5 million 2008 profit

Aegean Airlines' ambitions were checked last week when it was denied the right to purchase rival Olympic Airlines, but the carrier said it has continued on a "healthy and dynamic growth path" and finished 2008 with a €29.5 million ($37.5 million) profit, down only 18% from the €35.8 million earned the previous year. Revenue rose 27% year-over-year to €611.7 million, driven by a 14% increase in passenger numbers to 6 million and a 12% gain in average ticket price. Operating ...