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    AEGN   GRS495003006

AEGEAN AIRLINES S.A.

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Greece's Aegean Airlines suspends flights to Beirut after plane damage

01/16/2022 | 03:32am EDT
An Aegean Airlines Airbus A320 taxis as it prepares to take off from Manchester Airport, Britain.

ATHENS (Reuters) - Greece's largest carrier Aegean Airlines said on Saturday it had suspended all flights to Beirut pending the results of an investigation into the cause of damage to one of its planes that flew to the Lebanese capital.

Ground crew at Beirut's Rafik Hariri International Airport found external damage to the fuselage of a plane that flew from Athens on Jan. 10, prompting the airline a day later to suspend all flights to and from Beirut, a company statement said.

It gave no further details about the damage found on the aircraft's exterior.

Lebanon's transport ministry dismissed what it said were comments on social media and in the media that suggested a bullet could be to blame.

Lebanese Transport and Public Works Minister Ali Hamie published an email on Twitter, dated Jan. 15, covering a technical assessment of damage found below the cockpit. "After close examination, it was determined that it was not the result of a bullet," the email said.

?egean said it had notified Greek authorities and Beirut airport authorities and expected to give an update on resuming flights to Beirut in the coming weeks.

(This story corrects name of airport to Rafik Hariri not Rania Hariri)

(Reporting by Angeliki Koutantou and Edmund Blair; Editing by Helen Popper and Timothy Heritage)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AEGEAN AIRLINES S.A. -0.59% 5.07 Delayed Quote.6.14%
ON SEMICONDUCTOR CORPORATION -2.49% 54.5 Delayed Quote.-19.76%
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Financials
Sales 2022 1 136 M 1 219 M 1 219 M
Net income 2022 16,6 M 17,8 M 17,8 M
Net Debt 2022 427 M 458 M 458 M
P/E ratio 2022 17,4x
Yield 2022 0,77%
Capitalization 460 M 493 M 493 M
EV / Sales 2022 0,78x
EV / Sales 2023 0,69x
Nbr of Employees 2 699
Free-Float 38,0%
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Number of Analysts 5
Last Close Price 5,10 €
Average target price 6,69 €
Spread / Average Target 31,2%
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Dimitrios Christodoulou Gerogiannis CEO, Executive Director & Managing Director
Michael Kouveliotis Chief Financial Officer
Eftichios Theodorou Vassilakis Executive Chairman
Konstantinos Alexandrou Kalamatas Independent Non-Executive Director
Natalia Nikolaidis Independent Non-Executive Director
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