Aegean Q1 2016 results: passengers and losses up

EconomyCorporates Tags: Corporates, Results

Aegean Airline’s Q1 2016 financial results, released on Thursday, showed that net losses for the period stood at 21.5 million euros compared to 8.3 million euros last year, resulting in losses increasing by 157 percent.

The airline’s consolidated revenues rose 7 percent compared to the same quarter last year, coming in at 147.9 million euros compared to 138.1 million euros

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