Aegean Airlines

SunExpress, a joint venture of Turkish Airlines and Lufthansa, will launch flights to 16 new foreign destinations from İzmir and Antalya by summer 2015.

Aegean Airlines reported a strong set of nine-month 2014 results on Thursday, driven by successful network expansion and Olympic Air synergies.

Consolidated revenues increased by 10 percent to 736 million euros, pre-tax earnings improved to 105.4 million euros from 75.9 million a year earlier while net earnings rose 31 percent to 78.6 million euros from 60 million in 2013.

The Cypriot government said on Wednesday it has yet to receive any serious interest in Cyprus Airways, four months after launching a search for investors in the struggling airline.

Communications Minister Marios Demetriades appeared to dismiss interest from Ireland’s Ryanair and Greece’s Aegean Airlines, which have been holding talks with his government.

By Alexandra Kassimi

Aegean Airlines announced on Tuesday it is adding 16 new destinations in 10 new countries to its network next summer, reaching a total of 134 destinations, 34 domestic and 100 abroad in 42 countries.

By Alexandra Kassimi

Aegean Airlines celebrated the first anniversary of its merger with Olympic Air, announcing that the two carriers’ international traffic has grown by 493,000 passengers year-on-year to reach 4.7 million, while domestic traffic has gone up by 652,000 passengers to 5.1 million.

Fares to all destinations have fallen by an average 34 percent.

Aegean Airlines SA could benefit from the privatization of Cyprus Airways Public Ltd. even if it doesn’t eventually buy the carrier, as the process paves the way for a review of airport fees and policies.

Singapore Airlines on Tuesday started twice-weekly direct flights from Athens to Singapore, every Monday and Thursday.

The service will run to October 9 on Boeing 777-200ER aircraft.

The airline also operates 33 weekly flights linking Athens and Singapore via Istanbul in a code-share partnership with Aegean and Turkish Airlines.

By Alexandra Kassimi

Air seats to Greece have increased by 10 percent this year as not only are low-fare airlines choosing the country as a destination despite Athens International Airport’s high costs, but established carriers are now returning to the country’s airspace in response to its growing tourism figures.

By Alexandra Kassimi

Greece’s largest carrier by passengers, Aegean Airlines is strengthening its presence in the domestic and international markets this year while aiming at the creation of an extra 2,400 jobs by the start of the summer season.