Aegean starts 2024 “on even more solid ground”

Aegean Airlines has recorded a profit before income of €246.8 million ($270 million) for the full year 2023, 68% higher than 2022, with a net profit of €168.7 million ($184.6 million) 58% higher than the year prior. Its EBIT margin was 14.6%. “Aegean delivered strong growth of its activity, passenger traffic and profitability, recording one of the best set of results in the sector,” said Aegean CEO Dimitris Gerogiannis. He added that even given ongoing challenges in the industry supply chain, “the increased demand prospects on [the airline’s] additional new capacity seem encouraging”. Available seat kilometres for the period were