Aegean Airlines reported an increase in its consolidated turnover to 120.8 million euros

Aegean Airlines reported an increase in its consolidated turnover to 120.8 million euros

Aegean Airlines on Thursday reported a significant increase in its consolidated turnover to 120.8 million euros in the first quarter of 2022, from €44.3 million in the same period last year.

The Greek carrier said its passenger traffic totaled 1.5 million in the first three months of the year, or 74% of the seat capacity in the first quarter of 2019.

Net losses after taxes totaled €38.5 million, while cash reserves amounted to €458.8 million.

Dimitris Gerogiannis, CEO of the airline company, said the group remained steadfast to its investment plan with the delivery of 12 new Airbus 321/320neo aircraft in 2022.

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