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Operating cashflow strengthened to EUR163.2 million from EUR127.4 million Operating cashflow strengthened to EUR163.2 million from EUR127.4 million

AEGEAN Reveals H1 Financial Results

AEGEAN announced its first half (H1) results with consolidated revenue at EUR455.7 million, one percent higher compared to the respective period in 2017 and net losses narrowing to EUR13.8 million from EUR20 million in 2017.

Total passenger traffic increased by seven percent to 5.9 million passengers, with the Company offering three percent more capacity in ASKs and four percent in total available seats.

Passengers carried on domestic flights increased by five percent to 2.7 million while passengers travelled on the international network increased by eight percent to 3.3 million. Load factor improved to 81.7 percent from 79.2 percent, reflecting commercial initiatives and increased network synergies.

International traffic from Athens International Airport grew by 13 percent, with the Company initiating 11 new international destinations from Athens.