Aegean Airlines Profit Rises 14 Percent to 147.8 Million

AEGEAN AIRLINES, the primary carrier of Greece, announced a 14% increase in its full-year profit, totaling 147.8 million euros ($170.7 million). The results were bolstered by a significant rise in passenger traffic and expanded flight capacity, which helped the airline overcome increased regulatory costs. Total revenue for 2025 reached 1.86 billion euros, marking a 5% rise from 2024, supported by network growth and robust winter demand. The airline reported transporting 17.3 million passengers, an increase of nearly one million over the previous year, while its available capacity grew by 6%. Financial results were impacted by 43.3 million euros in costs related to European emissions regulations and sustainable aviation fuel, though these were mitigated by favorable currency exchange rates and lower fuel prices. Following the strong annual performance, the board has recommended a dividend payment of 0.90 euros per share. Looking toward the future, Chief Executive Dimitris Gerogiannis expressed optimism regarding demand in early 2026, despite potential headwinds in the first quarter. > Early 2026 demand is positive, but flight suspensions due to the Middle East conflict and higher fuel prices are likely to weigh on Q1. The ongoing conflict in the Middle East has led to flight suspensions representing approximately 4% to 5% of the airline's operational activity, which, along with rising fuel costs, may affect near-term profitability.