In Athens Greece, Aegean Airlines, Greece’s largest airline has reported a 14% increase in full-year net profit for 2025 compared with the previous year, buoyed by stronger passenger traffic and higher load factors across its domestic and international routes.
The carrier’s financial statement, released on Tuesday, showed net profit reaching €235 million, up from €206 million in 2024. Revenues also increased by 10% to €2.8 billion, driven by higher ticket sales and ancillary services, including baggage fees, onboard sales and loyalty program revenues.
Passenger Traffic Growth
Aegean Airlines credited the profit growth to a strong rebound in passenger numbers, which rose 12% year-on-year, reaching 23.5 million passengers. Both domestic flights within Greece and international routes across Europe experienced increased demand, reflecting strong tourism and business travel recovery following pandemic-era disruptions.
“The strong performance is a testament to the resilience of the Greek aviation sector and the continued popularity of our network across Europe,” said Jorgos Peristeris, Aegean Airlines CEO. “Our focus on customer experience, operational efficiency, and route optimization continues to drive results.”
Operational Highlights
- Load Factor Improvement: The airline reported an average load factor of 82%, up from 78% in the previous year, indicating more seats were sold per flight.
- Fleet Expansion: Aegean added five new Airbus A320neo aircraft to its fleet, supporting both domestic and medium-haul European routes.
- Cost Management: Despite rising fuel costs globally, Aegean Airlines managed to contain operating expenses, leveraging fuel-efficient aircraft and hedging strategies.
Outlook for 2026
Looking ahead, Aegean Airlines expects continued growth in passenger demand, particularly on routes connecting Greece to key European destinations. The airline also plans to expand its long-haul partnerships and codeshare agreements, as well as enhance its digital services to streamline booking, check-in and loyalty program benefits.
Industry analysts note that Aegean Airlines’ performance stands out in a challenging European aviation market, where some carriers continue to struggle with rising fuel costs and labor shortages. The airline’s focus on operational efficiency, strategic route planning and customer retention has helped it remain profitable and competitive.
Tourism and Economic Impact
The strong performance of Aegean Airlines is closely linked to Greece’s tourism recovery, which has seen record arrivals in recent years. By connecting major European cities to Greek islands and mainland destinations, the airline supports economic growth and facilitates business and leisure travel across the region.
Analysts expect that the combination of rising tourism, fleet modernization and operational efficiency will enable Aegean Airlines to maintain healthy margins while navigating potential economic challenges in 2026.
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