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Aegean reports sixfold increase in first-half profit

Aegean Airlines reported a €6.4 million profit for the six months ended June 30, its first reporting period as a publicly listed company, a nearly sixfold increase over the €1.1 million earned in the year-ago semester.

"The recent IPO represents an important milestone for our company since the gross proceeds of €135 million, coupled with our improved positive results, give us the necessary tools to implement our growth plans with financial security," Executive VP Eftichios Vassilakis said.


 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.