Aegean Reports 9M 2024 Revenue Growth Despite Profit Decline

Aegean Airlines, Greece’s flagship carrier, has announced its financial results for the first nine months (9M) of 2024, showing mixed performance. The airline reported a 4% increase in consolidated revenue, reaching $1.46 billion, compared to the same period last year. However, its profit after tax fell by 23%, amounting to $139.9 million. Additionally, the company disclosed $807 million in cash, cash equivalents, and other financial assets, reflecting its solid liquidity position.