AEGEAN on Thursday reported a significant increase in its consolidated turnover to 120.8 million euros in the first quarter of 2022, from 44.3 million in the same period last year.
The Greek carrier said its passenger traffic totaled 1.5 million in the first three months of the year, or 74% of the seat capacity of the first quarter of 2019. Net losses, after taxes, totaled 38.5 million euros, while cash reserves amounted to 458.8 million euros.
Dimitris Gerogiannis, CEO of the airline company, said the group remained steadfast to its investment plan with the delivery of 12 new Airbus 321/320neo aircraft in 2022.
SOURCE; ANA-MPA
