Tag Archives: Aegean Airlines

Aegean Airlines unveils a new livery

Aegean Airlines has made this announcement:

A new era of growth has begun for AEGEAN, with the official reveal of its new livery and branding as well as the presentation of the first three new generation Airbus A320neo, equipped with latest technology Pratt & Whitney engines. Sealing a 20 years course of successful operation in Greece, AEGEAN sets a solid ground for the future.


Having already expanded the initial order with 12 additional aircraft, AEGEAN is expected to receive by 2025 a total of a minimum 46 aircraft, A320neo and A321neo, with an option for 12 additional aircraft (up to 58 aircraft). This is the largest private investment in Greece, valued at $2,5-3bn at market prices ($6-6,5bn at list prices). For the next 6 years, AEGEAN will invest more than $500mn per year for the expansion and modernization of its fleet. Until July 2020, AEGEAN will receive a total of 6 new aircraft reaching a fleet of 65 aircraft, adding 1.5 million seats (19 million seats in total for the year) and supporting the expansion of its network in 155 destinations and 44 countries in 2020.

Every new, additional aircraft will have a significant contribution in Greece’s economy, employment and tourism industry. Estimated at 100,000 new incoming tourists, €80 million direct tourism revenue, 70 new additional direct jobs in AEGEAN and ground operations, will have a positive impact  for the country.

During the event AEGEAN presented its new livery and brand identity. Inspired by the Greek sky and seas, historical architecture and the design heritage of our country, the new brand identity, livery and cabin are here to shape a dynamic future for AEGEAN and enhance passenger experience.


The new aircraft will start their flights within February, with the first aircraft operating the flight Athens-Munich on Friday, February 14th 2020.

Experience the revelation of AEGEAN’s new era here.
Read more on AEGEAN’s new livery and brand identity here.

About the investment

$6-6.5 bn. In list prices
$2.5-3 bn. In market prices
46 (+12 option) Airbus A320/321neo

The impact in economy, employment and environment per 1 additional new aircraft:

• +100,000 incoming tourists
• +80 ml direct tourism revenue for public revenue
• +70 new additional direct jobs in AEGEAN and Ground operations
• 19-23% less CO2 emissions per passenger seat than previous generation Airbus
• 50% less CO2 emissions per passenger seat Vs AEGEAN’S fleet in first years of operation
• + 2 hours additional flight time amounting to 600-1.500km additional range

The new aircraft at a glance

Engine: The new A320neo aircraft of AEGEAN, will be powered up by the advanced Pratt & Whitney GTF™ engines which are expected to contribute to a substantial reduction of CO2 and NOx emissions levels per flight and passenger flown, while also significantly lowering the noise footprint.

Flight range: In addition, the reduced fuel consumption will serve to enhance AEGEAN’s competitiveness, as well as to offer range extension and enable the company to fly to new destinations.

Cabin: Aircraft will have a new seating configuration. The new seats combine ergonomics, reduced weight, extra comfort and modern aesthetics. They will also have reusable or fully recycled service kits.

Aegean carried 1 million more passengers in 2019 and announced a new passenger traffic record of 15 million

Aegean Airlines made this announcement:

Aegean Airlines set a new passenger traffic record in 2019, reaching the 15 million passenger threshold, recording a 7% increase in total passenger traffic for 2019; a significant achievement marking 20 years of operation. More specifically Aegean and Olympic Air carried 14.99 million passengers in 2019, nearly 1 million more than the previous year, offering 17.85 million seats in total.

The increase resulted the repeatedly enhanced investment at the international network, which continues to be the main driver of growth with 8.7 million passengers, an equivalent to an 11% increase. This increase was driven both from the Athens hub (+11%) as well as the regional bases of Thessaloniki, Heraklion, Chania, Rhodes, Kalamata (+ 8%) where they are growing at a significantly larger pace compared to the general trend of the country, which shows signs of reduction.

Domestic traffic also reported a marginal increase of 3%, despite the remaining significant burden of increased passenger VAT, which remains for four consecutive years (2016-2019) at 24%.

Load factor rate improved by almost 1 percentage point (pp), from 83.9% in 2018 to 84.8% in 2019.

Total Passenger Traffic

   2019  2018  %
 Domestic
6,296
6,122
 3%
International 8,695
7,849
 11%
Total network 14,991 13,971  7%

 

   2019 2018  %
Athens International traffic
6,584
5,930
 11%
GR international traffic (excluding Athens) 1,919 1,781  8%

Load Factor*

 

   2019  2018  %
Total
84,80%
83,90%
+0,9% (pp)

*Scheduled Revenue passenger km divided by Available Seat km

Dimitris Gerogiannis, CEO of Aegean, commented “We achieved an 11% growth in international traffic and a 7% overall for 2019 by expanding our capacity mainly at the beginning and end of the traditional tourist season. We will continue to invest in expanding the tourist season and by offering enhanced quality services for our customers as this is at quest for achieving both sustainable development and growth for the company, tourism industry and the country.”

Aegean Airlines aircraft photo gallery:

Aegean to expand in 2020 with new aircraft and a new base at Corfu

Aegean Airlines has made this announcement:

Aiming for 2020 to mark the starting point for greater growth and extroversion, Aegean invests in the further expansion of its network and the overall expansion of its business activity. With a significant capacity increase to 19.2 million seats, 1.5 million additional seats compared to 2019, AEGEAN will be operating in 155 destinations with 65 aircraft, including the first 6 Airbus of A320 / A321neo family expected to join the Aegean fleet by the first half of the year.

Aegean’s 2020 growth strategy rests on three pillars:

  • The expansion of its activity and presence in Thessaloniki, as well as the Corfu base, reaching 8 bases in total.
  • Continuous investment and focus on Athens, as the main hub of the company
  • The constant ongoing efforts for the extension of Greece’s tourism season

In this context, the company adds 11 new routes to its international network flight schedule from the bases of Athens, Thessaloniki and Corfu. Aegean is also adding 3 new destinations to its network directly to Birmingham, Paphos, Bilbao. Moreover, the company plans to increase capacity in another 47 international routes, adding 1.1 million seats to its annual activity and bringing the total capacity up to 11.4 million seats.

Specifically, Aegean has planned a plan of robust extroversion and potential growth for the city of Thessaloniki, with routes to Barcelona, Brussels, Rome, Milan, Zurich, Berlin, and an increase in international capacity by 25%. The company adds a total of 8 new destinations from Thessaloniki (6 international and 2 domestic), and invests in the upgrade of the overall passenger experience with a new 500m2 lounge.

At the same time, aiming to expand the coverage of the key tourism markets, Aegean is establishing a new base in Corfu, constituting its 8th base in Greece and Cyprus. In 2020, a scheduled route will be directly connecting Corfu to Paris, while 12 charter destinations will be added, offering additional 95,000 seats compared to the previous year, meeting thus, the island’s tourism demands.

Athens remains a landmark-destination for the overall performance of Greek Tourism in general, and Aegean in particular, but also serving as the company’s main hub for access to the country’s smaller islands. Τhe significant increase in capacity of the Athens network, planned for 2020, will once again stem from frequency increase in existing routes, expanding timetables for more routes, as well as the addition of four new destinations (Bilbao, Nuremberg, Paphos, Birmingham).

Aegean aircraft photo gallery:

 

Aegean Airlines announces the expansion in Cyprus by adding two new routes, Pafos – Athens and Larnaka – Beirut

Aegean Airlines Airbus A321-231 SX-DVZ (msn 3820) LHR (Andi Hiltl). Image: 948198.

Aegean Airlines has announced the expansion of its activity in Cyprus by adding two new routes, Pafos – Athens and Larnaka – Beirut and by that enhances its continuing presence in Cyprus and its strategic commitment to further expand activity through investing in increased capacity during the winter season.

From December 12, 2019, and onwards Aegean will connect Athens with Pafos with two weekly scheduled flights throughout the year, with the possibility of adding a third flight during peak season, thereby increasing accessibility, through new connections to key markets of the international network.

The new popular destination adds to the already existing connectivity from Cyprus, and along with the new direct route from Larnaca to Beirut, which already runs twice a week from October 7, 2019, Aegean will operate a total of 5 destinations from Cyprus (Athens, Thessaloniki, Heraklion, Tel Aviv and Beirut).

By adding these two new routes, Aegean plans to increase capacity in the international network by 2020, offering 1.12m. seats overall from Cyprus, up 6% year-over-year, providing even more options and improved passenger connections.

Top Copyright Photo: Aegean Airlines Airbus A321-231 SX-DVZ (msn 3820) LHR (Andi Hiltl). Image: 948198.

Aegean Airlines aircraft slide show:

Athens joins Air Italy network thanks to a new agreement with Aegean Airlines

Air Italy has made this announcement:

Starting on July 10, 2019, Air Italy has added Athens as a new destination to its network, thanks to the signing of a new Special Prorate Agreement with Aegean Airlines.

Air Italy passengers traveling from the four US destinations – Los Angeles, San Francisco, Miami and New York – and from Toronto can now easily reach the Greek capital via Air Italy’s Milan Malpensa hub, continuing with flights directly to Athens on Aegean Airlines.

In addition, all Air Italy customers departing from the main airports of central and southern Italy, such as Rome, Naples, Palermo, Catania, Lamezia Terme, Cagliari and Olbia will now have the opportunity to fly Athens via Malpensa.

 

Aegean Airlines to launch 8 new routes

Aegean Airlines Airbus A321-231 SX-DGA (msn 3878) ZRH (Rolf Wallner). Image: 945736.

Aegean Airlines 2019 flight schedule envisages increased capacity with additional frequencies and new routes. Investment is directed on both network expansion and the extension of the tourism season.

Specifically, in 2019 Aegean plans to increase the capacity of its international network by 700,000 thousand seats, reaching a total of 10.3 million seats in the international network and 17.7m seats in total, including the domestic network. Increased capacity is offered throughout the year, with the growth stemming mainly from the increase during the winter months as well as at the beginning and at the end of the summer season (i.e. April, May and October).

In 2019, Aegean plans to launch new routes from Athens to Marrakech, Casablanca, Ibiza, Valencia, Sarajevo, Tunis, Skopje, and from Thessaloniki to Hannover.

Aegean will increase frequency and capacity to key Western European markets, from Athens to Munich, Düsseldorf, Berlin, Hamburg, Zurich, Vienna, Madrid, Barcelona, Lisbon and Porto. The increase in the capacity will also come from the initiation of several seasonal routes either earlier in the year or through increased frequencies to Luxembourg, Malta, Venice, Bologna, Naples, Catania and Malaga. In addition, increased capacity will also be offered to Balkans and Eastern Europe.

Aegean’s fleet consists of 37 Airbus A320s, 11 Airbus A321s, 1 Airbus A319s, 2 DHC-8-100s, 8 DHC-8-402s (Q400s) and 2 ATR 42-600s.

Top Copyright Photo (all others by the airline): Aegean Airlines Airbus A321-231 SX-DGA (msn 3878) ZRH (Rolf Wallner). Image: 945736.

Aegean aircraft slide show:

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Aegean to suspend flights to Tehran

Aegean Airlines Airbus A320-232 WL SX-DGZ (msn 6643) AMS (Ton Jochems). Image: 940937.

Aegean Airlines has made this announcement:

Aegean Airlines has announced the suspension of flights to/from Tehran, effective from October 11, 2018, until further notice. The company is forced to temporarily discontinue this route due to foreign exchange bank restrictions that affect its viability.

Aegean would like to inform its passengers that the company will grant a full refund for tickets issued to/from Tehran.

Copyright Photo (all others Aegean): Aegean Airlines Airbus A320-232 WL SX-DGZ (msn 6643) AMS (Ton Jochems). Image: 940937.

Aegean Airlines aircraft slide show:

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