Aegean Airlines A320. Courtesy, A3 Aegean Airlines (A3) has reported first-quarter net income of €104.6 million ($131 million), slightly worse than for the same period last year. First-quarter net loss after taxes deepened to €25 million from €16.3 million in the year-ago quarter. Comparable first-quarter 2011 results include proceeds of €5 million from the sale of assets. A drop in demand caused by global economic uncertainty—exacerbated by the worsening ...

Subscribe to Access this Entire Article

"Printer-friendly" 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.