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 ...

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