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Aegean Airlines reports record revenue for the nine-month period on strong demand

Aegean Airlines (Greece's largest airline) reported Tuesday record revenue and passenger traffic in the first nine months 2025.

The company reported that lower fuel prices and higher travel costs offset the increased regulatory costs, but warned about operational challenges related to engine inspections.

The revenue for the period January to September rose 4% on an annual basis to 1.43 billion euro ($1.67 billion), while net profit increased 12% to 148 million euros, on the back of a 5% increase in passenger numbers to 13.2 millions.

Dimitris Gérogiannis, Chief Executive Officer of the Greek Civil Aviation Authority (GCA), said that demand for air travel was still high.

Gerogiannis warned that there are still operational challenges, such as delays in air traffic control, and early inspections of Pratt & Whitney GTF engine, which has grounded 12 aircraft. The company anticipates that the inspection cycle will last for about 30 months more, and then gradually ease off from autumn 2026.

Aegean Airlines is a member airline of Star Alliance and operates an aircraft fleet of 83 aircraft that serves more than 160 destinations across 47 countries.

The carrier plans to add new routes to the Middle East, and offer 4.9 millions seats, an increase of 9% over the previous year.

(source: Reuters)