Kifissia, 31 August 2018
AEGEAN announces its first half 2018 results with consolidated revenue at €455.7m, 1% higher compared to the respective period in 2017 and net losses narrowing to €13.8m from €20m in 2017.
Total passenger traffic increased by 7% to 5.9m passengers, with the Company offering 3% more capacity in ASKs and 4% in total available seats. Passengers carried on domestic flights increased by 5% το 2.7m while passengers traveled on the international network increased by 8% to 3.3m. Load factor improved to 81.7% from 79.2%, reflecting commercial initiatives and increased network synergies. International traffic from Athens International Airport grew by 13%, with the Company initiating 11 new international destinations from Athens.
Operating cashflow strengthened to €163.2m from €127.4m, resulting to cash and cash equivalents of €395.8m1 at 30.06.2018, a net increase of €58.4m relative to June 2017 even following advances of €33.6m related to the recent purchase agreement with Airbus.


https://en.aegeanair.com/-/media/abo...31_1h18_ir.pdf