Aegean Airlines copes with the crisis in Southern Europe, but Alitalia struggles
Given years of economic recession in Southern Europe, airlines based in the region are all suffering. But some are dealing with the situation far better than others. Aegean Airlines, Greece's largest carrier, has been among the ones hit the hardest. The country's economy has been shrinking for several years, the rate of unemployment is obstinately high, and the domestic air transport market in particular has been steadily contracting. There are two airlines competing in a small ...
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