Greece-based Aegean Airlines reported a 2017 first-quarter net loss of €35.8 million ($38.4 million), widened from a net loss of €21.5 million for the year-ago quarter. Revenue for the quarter was €151.9 million, up 3% year-over-year (YOY). Aegean MD Dimitris Gerogiannis said the Star Alliance carrier “started the year delivering improved load factors and showing efficient capacity management. Our financial performance was impacted by the timing of Easter as well as ...

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