Aegean Airlines. Aegean Airlines reported a net loss of €32.6 million ($42 million) for the 2010 first half, citing the deteriorating Greek economy, a €6.6 million extraordinary social contribution charge and “overcapacity prevailing in certain markets.” This compares with a €13.4 million profit in the year-ago period (ATW Daily News, Sept. 1, 2009). Revenue declined 3% to €267.4 million as a result of the “significant” pressures on ...

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.