Aegean 1Q losses widen as it invests in capacity

Greek flag carrier Aegean Airlines recorded a net loss of €21.5 million ($24 million) for 1Q 2016, widened from a €8.3 million net loss for the year-ago quarter. The loss came on revenue up 7% at €147.9 million compared to €138.1 million a year ago. Passenger traffic was up 9% at just over 2 million...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

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