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Aegean might be (partially) nationalised!

Aegean might be (partially) nationalised!

Old May 11, 2020, 9:50 am
  #31  
 
Join Date: Feb 2020
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I dont know, what about the 45 new neos.
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Old May 18, 2020, 9:46 am
  #32  
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Not so good news for Aegean

https://uk.reuters.com/article/uk-he...-idUKKBN22U265
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Old May 18, 2020, 10:25 am
  #33  
 
Join Date: Feb 2020
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Originally Posted by djjaguar64
The same to all airlines, not only for Aegean. Aegean will survive samehow, lots of others will not.

Last edited by powergean; May 18, 2020 at 10:30 am
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Old May 18, 2020, 10:55 am
  #34  
 
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Originally Posted by djjaguar64

The conference call did not really produce anything that we did not expect. Should anyone want to listen to it later it will be available on digital playback. +30 216 070 3400 Access PIN 100#
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Old May 18, 2020, 11:13 am
  #35  
 
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Originally Posted by DELLAS
The conference call did not really produce anything that we did not expect. Should anyone want to listen to it later it will be available on digital playback. +30 216 070 3400 Access PIN 100#
thes pin code is not correct.
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Old May 18, 2020, 11:55 am
  #36  
 
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Just dialled in to test and its working for me . Also try 101 or 102.
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Last edited by DELLAS; May 18, 2020 at 12:02 pm
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Old May 18, 2020, 12:31 pm
  #37  
 
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Another important note is that Aegean have today ruled out any government stake in return for loans/tax breaks etc.. They have secured EUR30 million from each of the 4 Greek banks total EUR120 million in further liquidity.
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Old May 18, 2020, 12:44 pm
  #38  
 
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Originally Posted by DELLAS
Just dialled in to test and its working for me . Also try 101 or 102.
Thanks, 101 was working.
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Old May 18, 2020, 8:03 pm
  #39  
 
Join Date: Jun 2006
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It looks like Aegean will be Ok.
In this email Aegean's CEO indicates that it'll get back in the game a bit slowly in the beginning, as it's to be expected, but it's wheels up for the future.
It has to do its best during this upcoming summer season, something that wont be easy, and being flexible with its fares and passengers will help a lot.

Dear passenger,

First of all, we hope that you and your family are in good health.

For all of us in the family of AEGEAN and Olympic Air, 2020 started on a high, with optimism and vision for the new year and our next steps.

Unfortunately, the unprecedented situation we have all been faced with during the last three months, has forced us to give up doing what we love most, flying with you. We have had to stop flying with you, but we never stopped flying for you, stepping in to be by your side every time we were asked to, no matter how far we had to fly, to bring back to Greece whatever was needed.

Greece has successfully tackled the first phase of the health crisis, making us all very proud of what we have achieved together.

In keeping with the successful national efforts made so far, we are working diligently to face the new challenges raised by the pandemic. Having as absolute priority the health and safety of our passengers and employees and in close cooperation with the authorities, we have already modified the procedures in place for boarding, both at the gate and for aircraft access, and our inflight service. We have also reinforced the protocols for cleaning and disinfecting our aircraft. The use of a face mask has become obligatory for both our passengers and our crews, and from now on, only one personal item will be allowed in the cabin. Furthermore, the last 3 rows of seats will be kept vacant in case we should need to isolate a passenger with potential symptoms. During the week you will receive detailed information of all the protective measures and new procedures that we will be putting in place within the framework of new protocols for safe travelling.

From today, as travel restrictions to the mainland and the island of Crete have been lifted and from next week, to all the Greek islands, we are ready to fly together on our domestic network.

We are getting ready to gradually restore international operations in the coming weeks and months. Initially we plan to restart operations with a limited schedule from Athens to Munich, Frankfurt, Geneva, and Zurich. At the same time, we shall increase flights operating to Brussels, which is the only international destination that we didn’t suspend. Soon, more destinations will be added.

As we adapt to a new way of travelling, we are adjusting our tickets accordingly so that you can travel with more flexibility and confidence. All new tickets issued between 18th May and 15th June 2020, and regardless of flight dates, will have the benefits of the FLEX fare category, so that you can have one piece of checked luggage free of charge and also the option to change your ticket without rebooking fees.

In conclusion, please be assured that we shall be constantly monitoring developments and learning step by step how to successfully and carefully progress to the next one. After all, this is what we have been doing for more than 20 years at AEGEAN, always guided by our values and having you, our passengers, as our main focus.

We look forward to travelling together again.

Thank you for your support.

Dimitris Gerogiannis
Chief Executive Officer
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Old May 21, 2020, 6:17 am
  #40  
 
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Look, Aegean has been a profitable airline business for some years already. They should have stashed a major chunk of profit away for a rainy day suvh as this CV-19 infliction on the world.
I say no to government bail out and definately no to government being a stakeholder and a vote on the board.
Yes, let the government make an unconditional, meaningful sized loan. Or become a guarantor to loan taken in the financial sector.
Others in here have made the point that there are other companies doing equally fine trading in the public space. Why prioritize airlines?
I am as good as the next A3 Gold supporter, but the airline is by its recent actions sending signals that make us pax feel we are getting into a "we and them" scenario. If that is the case 'we' have to fight for our corner's demands.
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Old May 26, 2020, 7:49 am
  #41  
 
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the link to this topic is on the front of FT home page and it shows a A3 737-800. Was this a lease by A3 from someone for a short time?
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Old May 26, 2020, 8:11 am
  #42  
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Originally Posted by CALMSP
the link to this topic is on the front of FT home page and it shows a A3 737-800. Was this a lease by A3 from someone for a short time?
No, FT is using a really old pic. A3 used to operate 737s, ending in 2010.
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