Aegean narrows net losses in 1Q on higher revenue, passenger growth

Credit: Rob Finlayson
Greece-based Aegean Airlines reduced net losses 14% in the first quarter, reporting a net loss of €30.8 million ($38 million), narrowed from a net loss of €35.8 million in the year-ago quarter. Consolidated revenue was up 9% year-over-year (YOY) to €165.4 million compared to €151.9 million in 1Q...

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