Greece · Delayed Price · Currency is EUR Aegean Airlines Earnings Call Transcripts
Fiscal Year 2025
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Revenue and profits grew in 2025, with balanced domestic and international growth and strong cash reserves. Regulatory costs and aircraft groundings weighed on results, while Middle East conflict introduces uncertainty for 2026 outlook.
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Revenue grew 5% year-over-year in H1 2025, outpacing ASK growth despite grounded aircraft and Middle East disruptions. Cash position strengthened, with strong network and business class performance, but ongoing engine and ATC constraints remain key risks.
Fiscal Year 2024
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2024 saw record Q4 results, with revenue and profitability up despite engine groundings and geopolitical disruptions. Strong cash flow supported investments and fleet growth, while 2025 will focus on capacity expansion, cost management, and further network optimization.
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Strong H1 2024 growth in passengers, revenue, and profitability, despite engine-related disruptions and cost pressures. Cash position remains robust, with capacity and demand outlook positive for H2, though pricing is slightly lower amid rising competition.