AEGEAN: Record profits and passenger growth in the first half of the year

With nett profits that soared to €47.9 million, signaling much than treble the yearly increase, and a turnover of €787 million, accrued by 5%, AEGEAN closes the archetypal fractional of 2025 with awesome performance.

The Company continued its dynamic maturation successful the archetypal fractional of 2025, offering 9.4 cardinal seats, 5% much than successful the archetypal fractional of 2024, carrying 7.6 cardinal passengers, 4% much than successful the corresponding play past year.

Domestic passengers accrued by 5% portion planetary passengers accrued by 4%, contempt the important lag that resulted successful the two-month play of May-June from the non-operation of flights to Israel, Lebanon and Jordan owed to geopolitical developments.

Nevertheless, and contempt the summation successful capableness of a important fig of airlines to Greece, AEGEAN achieved beardown fiscal performance, owed to

positive absorption and maturation of the network,
the gradual usage of much craft of the larger A321neo version
the betterment of the euro/dollar speech complaint which affects operating costs and the valuation of aboriginal craft lease obligations.
Specifically, consolidated turnover successful the archetypal fractional amounted to €787 million, signaling an summation of 5%. EBITDA accrued by 6%, reaching €156.2 million. Pre-tax nett amounted to €66 million, compared to €31.6 cardinal successful the archetypal fractional of 2024, portion nett aft taxation amounted to €47.9 million, from €22.9 cardinal successful the corresponding play of 2024.

5.5 cardinal seats successful the 2nd quarter

In the 2nd quarter, AEGEAN offered 5.5 cardinal seats, conscionable 2% much than successful 2024, chiefly owed to the nonaccomplishment of markets successful the Middle East, with rider postulation besides expanding by 2%. The load origin stood astatine 81.4%.

Consolidated turnover amounted to €480.9 million, portion EBITDA amounted to €112.4 million. Net nett aft taxation amounted to €54.5 million, up from €43.9 cardinal successful Q2 2024.

Cash reserves and readily liquid fiscal assets accrued to €841.9 cardinal arsenic of 30.06.2025 from €769.1 cardinal arsenic of 31.12.2024, contempt the outgo of a dividend of €72.1 cardinal to shareholders connected 26.05.2025. It is noted that the currency reserves bash not see the further currency reserve resulting from the issuance of the caller enslaved indebtedness successful aboriginal July 2025.

6 caller aircraft-"wings" for caller distant markets

In 2025, AEGEAN strengthens its fleet with a full of 6 caller aircraft, of which 3 A320/321neo person already been received, portion 2 much Airbus A321neo and a caller ATR 72-600 are expected successful the past 4 months of the year.

“The gradual accomplishment of our six A321 XLR / LR paves the mode for a caller level of comfortableness and work to non-EU destinations arsenic good arsenic the summation of caller much distant markets and destinations, with a archetypal measurement arsenic we announced the Indian marketplace from aboriginal 2026,” notes CEO, Mr. Dimitris Gerogiannis and adds: “Our steps are cautious and consistent, successful bid to guarantee the dynamism and creativity of the enactment arsenic good arsenic the stableness of our people for our shareholders, our employees and of people our passengers.”

Mr. Gerogiannis said: “In the archetypal fractional of 2025, AEGEAN presented fantabulous fiscal results, contempt the important geopolitical challenges that constricted our entree to important markets, particularly successful the 2nd quarter.

Demand for question to and from Greece remains beardown with an summation successful question by some Greeks and our visitors from overseas and with a gradual strengthening of request adjacent successful traditionally anemic months.

At the aforesaid time, the expanding marketplace capableness of a important fig of airlines creates a highly competitory environment, wherever passengers person much choices, portion merchandise prime is becoming progressively important arsenic a differentiating factor. In this environment, our investments successful grooming infrastructure and expanding the capabilities of our people, arsenic good arsenic the information that the 26 Airbus craft we expect to person are each of the larger A321neo version, are important successful strengthening our competitiveness.

At the aforesaid time, successful the adjacent 24-28 months from today, we expect to implicit the rhythm of aboriginal checks of Pratt & Whitney's GTF engines, gradually returning to accumulation each of the caller craft we person received, with important impacts connected some the portion outgo and the maturation imaginable of our company."