With a significant increase in passenger traffic and turnover and improve the operating result began in 2025 for Aegean“Continuing the strategy of persistent investment with the aim of gradually alleviating the particular seasonality in the country,” as stated in the announcement.
More specifically, based on the results of the first quarter, Aegean has offered an increased capacity of 11%, reaching 4.1 billion kilometers (ASKS), while total passenger traffic stood at 3.1 million passengers, increasing an increase of 8%compared to the corresponding period of 2024. The fullness factor stood at 80.6%.
Group’s turnover amounted to EUR 306.0 million, increased by 14% compared to the first quarter of 2024. The strong dynamics of demand contributed to improving pre -tax, interest and depreciation (EBITDA) profits, which amounted to EUR 43.8 million, increasing EUR 32% and an increase of EUR 32% and an increase of 32%. Aegean in its first quarter in its history.
The operational improvement was also reflected at EBIT levels, with losses to € 2.6 million from € 7.2 million in the first quarter of 2024. Damages after tax decreased to EUR 6.6 million versus EUR 21.0 million in 2024. In addition to improving operating profitability, there was a positive contribution to the first quarter of the first quarter. dollar in evaluating future payroll lease obligations.
Aegean has maintained a strong liquidity with a total of available, equivalent and other financial investments that stood at € 796.1 million at 31.03.2025, after receiving a new A320neo aircraft funded with itself available in March 2025.
Mr. Dimitris Gerogiannis, CEO said, “The first quarter of 2025 confirms the dynamic course of our sizes in accordance with our strategic directions. We have further enhanced our passenger traffic, especially abroad, even flying for a second year to some specific destinations in the winter than summer, we have significantly improved operating results, recording the highest eBitda performance in our history while significantly reduced damage to seasonal quarter. The continuing recovery of demand by Greek passengers and the gradual elongation of the tourist season, especially Athens and Thessaloniki, allow us to operate with greater intensity in an enlarged time frame. It is a fact, however, that the winter investment costs, it is late to mature but it is necessary for both our company and the country. We continue to invest in the fleet, scheduled for the total of 2025, 6 aircraft receipts, including 3 Airbus A321neo, 2 Airbus A320neo and one (1) new ATR 72-600. At the same time, we extend our network with the addition of new itineraries, enhancing our connectivity and presence to strategic destinations. “
Finally, it is recalled that for 2025, Aegean will offer 21.2 million seats, 1.5 million more than 2024.