Tourism growth provides lift to Aegean’s 2015 results

EconomyCorporates Tags: Corporates, Results

Greece’s bumper tourism year in 2015 appears to have given a boost to Greece’s largest airline, Aegean, which reported an 8 percent increase in consolidated revenue in 2015 compared to 2014 in its annual financial results for 2015.

Passenger traffic also rose by 15 percent to 11.6 million passengers, continuing the airline’s growth for a second year since acquiring Olympic Air. The financial report showed that pre-tax earnings rose six percent to 100.3 million euros, while net ear...

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