AEGEAN contributes significantly to the extension of the tourism season

Wednesday, 02-10-2019

AEGEAN reports an 11% growth in international passenger traffic from Athens for the first nine months of 2019

Increased investment for the totality of 2019 with 17.6 million seats, including 10.2 million seats in the international network



AEGEAN carried 11.6 million passengers during the first nine months of 2019, reporting a 7% growth in passenger traffic. This growth is almost entirely due to the company’s 11% increase in international flights (700.000 additional passengers), reaching 6.8 million passengers in the nine-month period, having invested in an additional 715.000 seats. 

Specifically, in Athens, which is AEGEAN’s main base, international traffic for 2019 rose by 11%. During the same period, international traffic in the rest of Greece, mainly from AEGEAN bases in Thessaloniki, Heraklion, Chania, Rhodes and Kalamata, rose by 8%. This is particularly important, as it indicates that overall tourist traffic in the rest of the country is either stagnant or rising. 

TOTAL AEGEAN & Olympic Air TRAFFIC


  January - September 2019
 January - September 2018
 % Change
Domestic 4.904.280
 4.792.571
 2%
International 6.728.073
 6.035.277
 11%
Total Network 11.632.353 10.827.848 7%
 
International - Athens 4.989.097
 4.484.937
 11%
International - the rest of Greece 1.573.939 1.460.787 8%


Load Factor


  January - September 2019
 January - September 2018
 % Change
Total Network 83.80%
 82.60%
 +1.1%
The systematic effort to expand the tourism season by activating the bulk of the fleet at the beginning of the tourist season, as it was done this year, poses a financial risk to the company, but it is necessary both for fleet utilization and for enhancing tourism and it ultimately yields results. 

This strategy is being continued by an equally significant increase in available seats during the upcoming winter season and by the retention of more destinations. Therefore, by the end of the year, the number of offered seats will reach 17.6 million, including 10.2 million seats that will be reserved for international flights. 

Lastly, the new AEGEAN itinerary for the summer of 2020 is expected to be announced by the end of October.