The consolidated amount amounted to 1.43 billion euros turnover her Aegean for the nine months of 2025, increased by 4% compared to the corresponding period of 2024.
The Aegean Group, as stated in a relevant announcement presenting the financial results for the nine months and the third quarter of 2025 in addition to the increase in turnover, offered 16.0 million seats and transported 13.2 million passengers, 5% more than last year, of which 7.7 million passengers to/from foreign destinations and 5.5 million passengers on the domestic network.
The Group’s EBITDA profits amounted to 356.6 million euros, increased by 8% compared to the corresponding period of 2024, while pre-tax profits amounted to 194.7 million euros, increased by 14% compared to the nine months of 2024.
Profit after tax for the nine months amounted to 148.0 million Euros, showing an increase of 12% compared to last year’s period.
“This performance was achieved despite the burden of regulatory obligations from 1/1/2025, which further reduced the free historical CO₂ emission rights, increasing the obligation to purchase them, as well as due to the use of sustainable SAF fuel, with a total burden of 32.0 million Euros for the nine months of 2025. At the same time, the company benefited from lower fuel prices, which balanced the above effect” is noted in announcement.
In the 3rd quarter AEGEAN offered 6.6 million available seats, 5% more than the 3rd quarter of 2024 while carrying 5.6 million passengers, 6% more than the 3rd quarter of 2024. Passenger traffic on the domestic network registered an increase of 7%, while passenger traffic on the international network recorded a 5% increase compared to the corresponding period of 2024. The load factor was set at 84.3%, marginally strengthened by the use of more aircraft of the largest in A321neo type positions, which are gradually being taken over. Consolidated turnover for the third quarter was €647.1 million, EBITDA was €200.4 million, up 10%, and EBIT operating profit was €147.7 million, up 8% compared to the corresponding quarter in 2024. The quarter’s pre-tax profit and after-tax profit stood at 128.7 million euros and to 100.4 million euros respectively with a slight decline of 7%, despite the increase in operating profitability mainly due to the partial recovery of the dollar during the 3rd quarter, which affected the valuations of future liabilities from aircraft leases in the Group’s balance sheet. Cash, cash equivalents and other financial investments amounted to 1,041.6 million euros on 30.09.2025.
Mr. Dimitris Gerogiannis, CEO, said “2025 is developing into another year of development and confirmation of our company’s dynamics. Demand for air travel remains strong, with increased participation from both Greek passengers and visitors to our country, while passenger confidence is bolstered by steady investment in our product and services. Once again, the results and indicators of operating and net profitability are particularly positive for the data of our industry. At the same time, the particularly successful and strong acceptance of the recent bond issue by the investment market further strengthens our growth dynamics. The business environment challenges we faced during the summer season, with delays mainly due to air traffic restrictions in our country as well as in the rest of Europe, remain. At the same time we have completed two years with the impact on our costs due to the preventive checks on the GTF engines of our new aircraft. According to the latest update from Pratt & Whitney we estimate that the audit cycle will take another 30 months to complete. Today we are at the peak of the audit management cycle, with 12 aircraft out of flight and we expect to gradually reduce this number from the autumn of 2026. Within this framework of constraints, the efforts of our people, combined with the positive results of the company, become even more valuable. For the fourth quarter of 2025, AEGEAN plans to offer 4.9 million available seats, up 9%, boosting frequency and capacity on domestic and international routes as well as adding new routes mainly to the Middle East.”
It is noted that during 2025, AEGEAN proceeded to strengthen its fleet with a total of six (6) new aircraft, five (5) Airbus A320/321neo and a new ATR 72-600. Two of these aircraft, an A321 neo and an ATR72-600 were financed entirely from free cash.