Aegean Air has posted an 88% fall in revenue for the second quarter of 2020 to €40.4 million. Pre-tax losses for the quarter were €58.7 million against pretax profit of €31.5 million in the respective 2019 period. The total number of flights operated fell by 82% in the quarter (with a reduction of 95% and 92% for the months of April and May respectively), while passenger traffic fell 92%. Overall first half 2020 consolidated revenue fell by 64% to €187.4 million while underlying pre-tax losses were at €132.3 million. Net losses after tax stood at €158.8 million in the first

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