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AEGEAN has been investing into its network during the winter months AEGEAN has been investing into its network during the winter months

AEGEAN and Olympic Air Report Q1 Growth

Greece’s AEGEAN Airlines and Olympic Air jointly reported a 12 percent passenger traffic growth for the first quarter (Q1) of this year, welcoming 2.4 million passengers onboard their aircraft.

More specifically, AEGEAN and Olympic Air carried 1.1m passengers during Q1 this year on domestic flights, a nine percent growth compared to the same period year-on-year, while passengers carried on international flights increased by 16 percent to 1.3m. Load factor improved to 81.2 percent from 76.8 percent during the period.

Traffic from the main Athens base rose by 13 percent, compared to the overall growth of eight percent reported by Athens International Airport ‘Eleftherios Venizelos’.

AEGEAN supported and developed the number of destinations served during the low winter season and delivered an 18 percent international traffic growth from Athens, and a nine percent domestic traffic growth.

Dimitris Gerogiannis, CEO, AEGEAN, commented, “The higher utilisation of the tourism capacity during the winter months is vital not just for our company but for the country as well.”