Aegean Airlines

Aegean Airlines
IATA ICAO Call sign
A3[1] AEE[2] AEGEAN[2]
Founded2 January 1995; 29 years ago (1995-01-02)[3]
Commenced operationsMay 1999; 25 years ago (1999-05)
AOC #GR-007[4]
Hubs
Secondary hubs
Frequent-flyer programMiles+Bonus
AllianceStar Alliance
SubsidiariesOlympic Air[6]
Fleet size64
Destinations118[7]
Traded asAthexAEGN
ISINGRS495003006
HeadquartersKifisia, Greece
Key people
  • Dimitrios Gerogiannis (CEO)
  • Eftichios Vassilakis (Chairman)
[8]
RevenueIncrease €1.69 billion (FY 2023)[9]
Operating incomeIncrease €214.8 million (FY 2023)[9]
Net incomeIncrease €168.7 million (FY 2023)[9]
Total assetsIncrease €2.413 billion (FY 2023)[9]
Total equityIncrease €418.8 million (FY 2023)[9]
Employees3,131[10]
Websiteaegeanair.com

Aegean Airlines S.A.[11] (legal name Greek: Αεροπορία Αιγαίου Α.Ε., Aeroporía Aigaíou pronounced [aeropoˈria eˈʝeu])[3] is the flag carrier of Greece[12] and the largest Greek airline by total number of passengers carried, by number of destinations served, and by fleet size. A Star Alliance member since June 2010, it operates scheduled and charter services from Athens and Thessaloniki to other major Greek, European and Middle Eastern destinations. Its main hubs are Athens International Airport in Athens, Macedonia International Airport in Thessaloniki and Larnaca International Airport in Cyprus. It also uses other Greek airports as bases, some of which are seasonal. It has its head office in Kifisia, a suburb of Athens.[13]

On 21 October 2012, Aegean Airlines announced that it had struck a deal to acquire Olympic Air,[14] and the buyout was approved by the European Commission a year later, on 9 October 2013.[15] Both carriers continue to operate under separate brands.[16] In addition, Aegean Airlines participated in the final stages of the tender for the privatization of Cyprus Airways, the national carrier of Cyprus.[17] Following the bankruptcy of Cyprus Airways, Aegean Airlines established a hub at Larnaca Airport, thus initiating scheduled flights to and from the island to various destinations and filling the service gap created by the services termination of Cyprus Airways.

  1. ^ "IATA - Airline and Airport Code Search". iata.org. Retrieved 16 April 2015.
  2. ^ a b "CONTRACTIONS FAA JO 7340.2". faa.gov. Archived from the original on 19 April 2014.
  3. ^ a b "Στοιχεία Δημοσιότητας". Business Registry (in Greek). Union of Hellenic Chambers Of Commerce. Retrieved 10 February 2023.
  4. ^ "Action Plan on Emissions Reduction of Greece" (PDF). ICAO. Civil Aviation Authority. Retrieved 11 February 2023.
  5. ^ "With a total of 158 international routes and 7 bases in Greece and 1 in Cyprus, Aegean Airlines is a key pillar of the Greek tourism". aegeanair.com. Archived from the original on 4 September 2023. Retrieved 4 September 2023.
  6. ^ "ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR 2021" (PDF). Aegean Group. Aegean Airlines. Retrieved 10 February 2023.
  7. ^ "Η AEGEAN ανακοινώνει το νέο «Χειμερινό Πρόγραμμα 2023/2024» και προσφέρει νέες, αυξημένες επιλογές στους επιβάτες της" [AEGEAN announces its new "Winter Schedule 2023/2024" and offers increased passenger options]. Aegean Group (in Greek). 2 October 2023. Retrieved 25 November 2023.
  8. ^ "Board of Directors". Aegean Group. Aegean Airlines. Retrieved 10 February 2023.
  9. ^ a b c d e Cite error: The named reference FY23 was invoked but never defined (see the help page).
  10. ^ "ANNUAL REPORT 2023" (PDF). Aegean Group. Aegean Airlines. Retrieved 22 May 2024.
  11. ^ Dron, Alan. "Aegean 1Q losses widen as it invests in capacity". atwonline.com. Penton. Archived from the original on 28 May 2016. Retrieved 9 December 2018.
  12. ^ "Headquarters." Aegean Airlines. Retrieved on 22 February 2010. "Aegean Airlines Headquarters 31, Viltanioti Str. 145 64, Kifisia, Athens, Greece" Address in Greek: Βιλτανιώτη 31 145 64, Κηφισιά, Αθήνα
  13. ^ Young, Kathryn M. (22 October 2012). "Aegean strikes deal to acquire Olympic Air". atwonline.com. Retrieved 20 March 2014.
  14. ^ George Georgiopoulos, Foo Yun Chee (9 October 2013). "Aegean Airlines wins EU approval to buy Olympic Air". Reuters. reuters.com. Retrieved 20 March 2014.
  15. ^ "AEGEAN: European Commission's approval of the acquisition of Olympic Air allows the creation of a viable, dynamic Greek carrier". aegeanair.com. 9 October 2013. Retrieved 20 March 2014.
  16. ^ "Aegean, Ryanair asked to submit plans for Cyprus Airways". ch-aviation.