22% increase for AEGEAN’s international traffic during the May-July 2013 summer period

Kifissia, 31 July 2013

The positive potential of the summer’s passenger traffic continues for AEGEAN, which saw a +22% increase in international traffic, carrying in total 1.3 million passengers during the May-July 2013 quarter, 235 thousand more compared to the same period of 2012.

This positive trend continued over July, with international traffic increasing by +19%, to 508 thousand passengers.

This development is the result of AEGEAN’s strategy to invest in its network, by adding 11 new destinations and extra international flights both from Athens and from the regions. 

In more detail, the result for the tourism of Athens is especially positive, where a reversal of the negative trend of 2012 can be witnessed, with an increase of international traffic by 15%.  Important however is also the further enhancement of the positive trend of the other main bases, from which at least 3 aircraft conduct flights, and specifically those of Thessaloniki, Heraklion and Rhodes, where we see a 19% - 41% increase, giving a boost to the positive trend of the past three-year period.

The smaller bases (Corfu, Kos and Kalamata) with 1 aircraft operating from each one are also on a positive course, noting a total increase of +58% for international traffic. 

It is the first time that a Greek airline is offering 120 direct international flights from Athens and the regions. 

Mr. Dimitris Gerogiannis, AEGEAN’s Managing Director, stated: “The dynamic course of international traffic this summer lays the foundations for further growth in 2014. The synergies and economies of scale that will arise from the acquisition of Olympic Air, when the procedure is completed with the approval of the European Commission, will ensure and accelerate our potential for the future. The presentation of the new AEGEAN flight schedule for 2014 will take place in early September.”

As regards the domestic network, AEGEAN continues to offer lower fares, in response to the domestic market’s needs.  In fact, these are the last days of an offer of 150,000 seats in domestic flights with fares starting from €39 towards Athens (€59 from Athens).