Aegean and Olympic Air Record 5 pct Increase in Passenger Traffic in Q1 of 2017
Thursday, 20 April 2017
Aegean Airlines and Olympic Air recorded a 5 percent increase in passenger traffic in the first quarter of 2017 reaching 2.1 million passengers, the company said on Wednesday.
Aegean said the increase is attributed entirely to the international network with the addition and maturity of destinations and the efficient penetration to international markets, leading to a 17-percent growth of international traffic to 1.1 million passengers.
Domestic traffic was 6 percent lower than last year’s to slightly less than one million passengers as the company adjusted the activity to soft demand with lower fares, reduced flights and hence achieving improved load factors.