Aegean Airlines

Greek tourism is heading for a new record for travel receipts this year despite the decline in the growth rate of bookings from Germany for holidays in Greece in the third quarter. Last year, travel receipts reached 17.7 billion euros, while the record belongs to 2019, with €18.2 billion. The challenge for this year is to exceed €18.5 billion.

In a bid to enhance bilateral relations between the two countries, Türkiye and Greece have canceled their scheduled military exercises in the Aegean Sea, and are holding small-scale training instead.

Aegean showed record results for the first quarter of the year, which is traditionally seasonally weak.

The airline increased its consolidated turnover by 90% year-on-year, to 229.1 million euros, which is also up by 33% from the first quarter of 2019.

Despite the recovery of tourism, which in 2022 helped companies such as Aegean, Autohellas and Attica Group to break historic records in their results, ferry company ANEK has recorded a further deterioration in its financial position.

The Holy Fire arrived in Athens on a special flight from Jerusalem on Thursday evening. Specifically, the delegation led by Deputy Foreign Minister Andreas Katsaniotis received the Holy Fire from the Patriarch of Jerusalem Theophilos III and arrived at 8.31 p.m. on an Aegean Airlines flight.

The delegation was met by the Armed Forces Band and an honorary guard.

The Holy Fire, flown to Greece each year from the Church of the Holy Sepulcher in Jerusalem, is set to arrive on a special Aegean Airlines flight on Saturday evening, in time for Easter midnight mass.

Accompanying the Holy Fire on the Aegean aircraft will be a small diplomatic mission and the plane is expected to land at Athens international airport at approximately 6 p.m.

Aegean reported a significant increase in passenger traffic during the winter period, reflecting the airline's investment in the weakest quarter of the year and the positive outlook of tourism in the country.

Passenger traffic exceeded 2019 levels by 5% in the first quarter of 2023 and jumped 72% compared with 2022, totaling 2.6 million passengers.

Aegean Airlines and CAE announced on Thursday that they will join forces to create the first modern flight simulator and crew training center in Greece.

Last year Aegean Airlines outperformed its record of 2019, when there had been no Covid-19 restrictions.

Compared to the last year before the pandemic, the airline group added 2% in turnover and 36% in profits after taxes, which amounted to 1.34 billion euros and €107 million respectively.

Greek flag carrier Aegean Airlines is seeking its further expansion abroad through a number of targeted moves.

Greece's leading airline is seeking to land state-subsidized services out of Skopje and Ochrid airports in North Macedonia to European destinations.