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Aircraft and finance. Aegean Airlines cuts its costs and is back in the black in the first half of 2013

Athens, Greece - Operating profit of 30.4 million Euros

The heavy economic crisis which has hit Greece has obviously involved also the air transport sector, creating difficulties to airports and carriers. However, Aegean Airlines, thanks to a cost reduction plan, managed to end a very good first half of 2013, and is back in the black. The overall revenue reached 278.6 million Euros, with a consistent growth by 22% compared with the first half of 2012....

AVIONEWS - World Aeronautical Press Agency - 1154824

AVIONEWS - World Aeronautical Press Agency
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