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Aegean Airlines (A3)

June 16, 2021
in General News
Reading Time: 6 mins read
A A
Aegean Airlines used Boeing 737-400s between 2001–2010

Aegean Airlines used Boeing 737-400s between 2001–2010

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Aegean Airlines S.A. (Greek: Αεροπορία Αιγαίου Ανώνυμη Εταιρεία, Aeroporía Aigaíou Anónimi Etairía pronounced [aeropoˈria eˈʝeu]; LSE: 0OHY) is the flag carrier airline of Greece and the largest Greek airline by total number of passengers carried, by number of destinations served and by fleet size.

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AEGEAN, Greece’s largest airline, is providing full service on short and medium haul routes. Since 2010, AEGEAN has been a member of STAR ALLIANCE, the strongest airline alliance worldwide. In 2013, AEGEAN acquired Olympic Air and through the synergies obtained, network, fleet and passenger numbers expanded quickly. The Group welcomed 14m passengers onboard its flights in 2018. The 2019 network covers 151 destinations (31 Greek domestic and 120 international) to 44 countries. AEGEAN features both Economy Class and Business Class cabins. Specially created Greek inspired dishes and drinks are served on a complimentary basis on all international flights. In June 2018 AEGEAN signed a Purchase Agreement with Airbus, for the order of up to 42 new generation aircraft of the A320neo family and plans to place additional orders with lessors for up to 20 new A/C of the A320neo family.

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.

Aegean Airlines
Aegean Airlines Logo 2020.png
IATA ICAO Callsign
A3 AEE AEGEAN
Founded 1987 (as Aegean Aviation)
Commenced operations 28 May 1999
Hubs
  • Athens International Airport
  • Larnaca International Airport
  • Macedonia International Airport
Focus cities
  • Chania International Airport
  • Rhodes International Airport
  • Heraklion International Airport
  • Kalamata International Airport
  • [4]
Frequent-flyer program Miles+Bonus
Alliance Star Alliance
Subsidiaries Olympic Air
Fleet size 53 (excl. subsidiaries)
Destinations 153
Traded as Athex: AEGN
LSE: 0OHY
Headquarters Kifissia, Athens, Greece
Key people
  • Eftychios Vassilakis (Vice president)
  • Dimitrios Tsoporis (ECO)
Revenue Decrease €415.1 million (2020)
Operating income Decrease €−296.8 million (2020)
Net income Decrease €−227.9 million (2020
Total assets Increase €1.141 billion (2020)
Employees 2,312 (2020) 
Website aegeanair.com
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