Greek recession keeps Aegean Airlines in the red for 2011

Aegean Airlines A320. By Rob Finlayson Aegean Airlines (A3) reported a net loss of €27.2 million ($36.3 million) in 2011, 17% down from the €23.3 million deficit in 2010 when results were negatively affected by one-off social contribution tax charges of €8 million. Revenue rose 13% to €668 million...

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