Aegean Airlines : supports the extension of the tourism season

18% growth in international traffic in November 2018

AEGEAN and Olympic Air report a 10% growth in passenger traffic in November 2018, welcoming 969 thousand passengers on board their flights. Passenger growth was mainly driven from international network with the group carrying 555 thousand passengers, an increase of 18% compared to November 2017.

Passenger traffic in the domestic network remained at last year's levels, despite the operation of five other carriers active in the domestic market (three Greek and two foreign carriers), given AEGEAN's fare promotional activities as well as supporting connecting traffic.

AEGEAN's international traffic from Athens grew by 15%, with the group maintaining for the first time during the winter season, routes and frequencies mainly in France, Italy and Germany (i.e. Nice, Marseilles, Bologna, Basil, Venice, Catania), thus contributing on the extension of the tourist season.

It is highlighted that international traffic out of the regional bases grew by 30% in November 2018, with Aegean operating for the second consecutive year direct flights during the winter season from Heraklion, Crete to 11 destinations in Germany, France, Austria, Sweden and Norway, in co-operation with German tour operators, which will continue until April 2019.

November 2018November 2018		November 2017November 2017	% Change % Change
November 2018Total AEGEAN & Olympic Air Traffic
November 2018Domestic	November 2017 413,842	% Change409,204	1%
November 2018International from Athens	November 2017447,935	% Change389,325	15%
November 2018International from other bases	November 2017107,037	% Change82,432	30%
November 2018Total International	November 2017554,972	% Change471,757	18%
November 2018Total Network	November 2017 968,814	% Change880,961	10%
November 2018Load Factor
November 2018Total Network	November 201784%	% Change83%	+1

Mr. Dimitris Gerogiannis, CEO of AEGEAN, commented:

'Extending the tourist season in our country is crucial and requires investments in hotel accommodation, infrastructure and services, which could support also local employment. AEGEAN contributes to this effort by investing in its network expansion during the winter season at a cost. However, to ensure the effective results, coordinated efforts by the state and all interested parties in the sector are required'.