Aegean Airlines reduces 1H losses on strong demand, tourism

Credit: Rob Finlayson
Greek carrier Aegean Airlines reported a 2018 first-half net loss of €13.8 million ($16 million), narrowed from a net loss of €20 million in 1H 2017. Consolidated revenue was up 1% year-over-year (YOY) to €455.7 million. Operating cash flow strengthened to €163.2 million from €127.4 million YOY...

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