The first brand-new Airbus A320 has arrived

 AEGEAN AIRLINES, the most rapidly growing Greek airline, has recently received its first AIRBUS A320.The aircraft took off from Airbus’ base in Toulouse landed in Athens International on 14.20 hours, February 22,2007.

AEGEAN upped its order to a total of 19 new Airbus aircrafts, maintaining the option for an additional 8. Two of those 19 will be a321s with capacity of 200 passengers, allowing the company to reach new destinations from as early as 2008.The purchase of these 19 airplanes comprises a massive 800 million US$ investment that will be completed over the next three years. According to the delivery schedule, 3 a320 aircraft will be delivered in 2007, 10 in 2008 (8 A320s and 2 A321s)and 6 more in 2009. There is an option for the purchase of an additional 8 A320/A321 and 2010.After the completion of this deal AEGEAN will officially own and operate the youngest fleet in Southeastern Europe.

The new planes will replace older aircraft in AEGEAN’s fleet, and will be the cornerstone of the company’s expansion towards new destinations in Greece and abroad, flying from its bases in Athens and Thessaloniki.

Mr. Theodoros Vasilakis, President and CEO of AEGEAN AIRLINES said: "The delivery of our first Airbus A320 marks a new era of expansion and development. The trust of our passengers and the support of our associates give us the strength to initiate the greatest investment in the history of Greek Aviation. With the new aircraft our services will be further improved, our potential increased and our production costs reduced”.

AEGEAN AIRLINES is the most dynamic airline in Greece, having transported 4,44 million passengers in 2006,an increase of 11% compared to 2005.The company offers flights to 15 Greek and 10 international destinations. AEGEAN is a regional partner of Lufthansa and offers access to the global network of the German airline to its passenger .This collaboration offers substantial advantages to our passengers, including the opportunity to collect frequent flyer miles and use them of Lufthansa’s global network.