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AEGEAN Reveals Nine Month Update

AEGEAN Airlines announced the results of this year’s first nine months, with consolidated revenue at EUR896.3 million higher compared to the respective period in 2016.

During the third and strongest quarter of the year, revenue increased to EUR445.6 million, seven percent up compared to the respective quarter in 2016. Pre-tax earnings increased to EUR128.6 million while net earnings grew 23 percent compared to last year at EUR91.7 million.

Dimitris Gerogiannis, managing director, AEGEAN Airlines, commented, “The strong momentum evident towards the start of the summer season continued throughout the third quarter of the year, resulting to record high load factors as well significantly higher profitability.”