Aegean Airlines

Aegean Airlines S.A. (Greek: Αεροπορία Αιγαίου Α.Ε., Aeroporía Aigaíou pronounced [aeropoˈria eˈʝeu], legal name Greek: Αεροπορία Αιγαίου Ανώνυμη Αεροπορική Εταιρεία) is the flag carrier of Greece and the largest Greek airline by total number of passengers carried, by number of destinations served, and by fleet size. A Star Alliance member since June 2010, it operates scheduled and charter services from Athens and Thessaloniki to other major Greek, European and Middle Eastern destinations. Its main hubs are Athens International Airport in Athens, Macedonia International Airport in Thessaloniki and Larnaca International Airport in Cyprus. It also uses other Greek airports as bases, some of which are seasonal. It has its head office in Kifisia, a suburb of Athens.

Aegean Airlines
IATA ICAO Callsign
A3 AEE AEGEAN
Founded2 January 1995 (1995-01-02)
Commenced operationsMay 1999 (1999-05)
AOC #GR-007
Hubs
Secondary hubs
Frequent-flyer programMiles+Bonus
AllianceStar Alliance
SubsidiariesOlympic Air
Fleet size61
Destinations118
Traded asAthex: AEGN
ISINGRS495003006
HeadquartersKifisia, Greece
Key people
  • Dimitrios Gerogiannis (CEO)
  • Eftichios Vassilakis (Chairman)
Revenue €1.69 billion (FY 2023)
Operating income €214.8 million (FY 2023)
Net income €168.7 million (FY 2023)
Total assets €2.413 billion (FY 2023)
Total equity €418.8 million (FY 2023)
Employees2,684
Websiteaegeanair.com

On 21 October 2012, Aegean Airlines announced that it had struck a deal to acquire Olympic Air, and the buyout was approved by the European Commission a year later, on 9 October 2013. Both carriers continue to operate under separate brands. In addition, Aegean Airlines participated in the final stages of the tender for the privatization of Cyprus Airways, the national carrier of Cyprus. Following the bankruptcy of Cyprus Airways, Aegean Airlines established a hub at Larnaca Airport, thus initiating scheduled flights to and from the island to various destinations and filling the service gap created by the services termination of Cyprus Airways.

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