Aegean on Thursday reported strong first-half results with consolidated turnover up 51% compared with the same period last year totaling 678.1 million euros. The Greek airline said passenger traffic was up 42% to 6.7 million, EBITDA soared to 139.5 million euros from 37.7 million in the first half of 2022 and net profits rose to 37.1 million euros from a loss of 27.7 million last year
The Group offered 22% more seats following its network expansion, bringing an even higher increase of 28% in passenger traffic and welcoming 4.1 million passengers from 3.2 million in Q2-22. Load factor reached 82.6% from 79.2% in Q2-22. Network expansion with the addition of 16 new international routes, as well as increased frequencies to destinations in Italy, Spain, Germany, Scandinavia, Israel, Egypt, and Saudi Arabia, markets where demand has recovered significantly, contributed to the Group’s strong performance.
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Source: tornosnews.gr/en/