Aegean is getting closer to the 2019 performance, which announced the handling of 1 million passengers for May. According to the listed company, the occupancy rate in May reached 79%, showing strong momentum at the beginning of the peak tourist season. According to aviation market analysts, Aegean’s May performance is a positive omen for the current tourist season.
In particular, AEGEAN transported more than 565 thousand passengers in the foreign network and about 461 thousand passengers in the domestic network having restored 85% of its frequencies compared to 2019. Characteristic of the above performance is that the company transported in almost a month those passengers it had transported cumulatively during the first quarter of the year. The occupancy rate reached almost 79% in May, with an average of 122 passengers per flight, reaching pre-pandemic levels in the last week of May.
For the next months of the summer season AEGEAN continues the gradual increase of capacity, with the final goal in July and August to have marginally higher levels of capacity in kilometer positions compared to 2019, with the positive contribution of increased capacity from the base of Thessaloniki and from the two main airports of Crete.
In total, the company will operate from its 8 bases in Greece and abroad, in 133 destinations in 41 countries with regular and chartered flights. While it is worth noting that after the addition of Florence and Bari, the destinations of Italy in which AEGEAN operates reach 8 (Rome, Milan, Bologna, Venice, Catania, Naples, Florence, Bari), after the addition of the airport Cologne destinations in Germany amount to 12 (Frankfurt, Munich, Düsseldorf, Stuttgart, Hamburg, Berlin, Hannover, Nuremberg, Cologne, Karlsruhe / Baden-Baden, Münster-Osnarbich, Pros) serving the Iberian Peninsula reach 8 (Madrid, Barcelona, ​​Valencia, Malaga, Ibiza, Bilbao, Lisbon, Porto).
Source: Capital

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.