Breaking news

Aegean Airlines Reports Higher Revenue And Profit In 2025

by THEFUTURE.TEAM

March 12, 2026

Financial Performance Overview

Greek air carrier Aegean Airlines delivered a solid financial performance in 2025, reporting increased revenue, profits, and passenger volumes as it advanced its expansion strategy. The consolidated revenue rose by 5% to reach €1.86 billion for the year, buoyed by a combination of network growth and heightened winter demand.

Expansion Strategy And Market Position

Capacity growth remained a central part of the airline’s strategy. Aegean Airlines offered 21 million available seats across domestic and international routes in 2025, representing a 6% increase compared with the previous year. The airline also expanded capacity during traditionally weaker travel periods to reduce the impact of seasonality. As a result, the annual load factor reached 82.5%, while total passenger traffic increased to 17.3 million, nearly one million more than in 2024.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Profitability And Dividend Proposal

Operating performance improved during the year. EBITDA reached €421.5 million, while pre-tax profit rose 17% to €192.1 million. Net profit increased 14% to €147.8 million. Additional costs related to European environmental regulations and the use of Sustainable Aviation Fuel added €43.3 million to operating expenses during the year. Lower fuel prices and a favorable euro exchange rate helped offset part of this impact. The board of directors has proposed a dividend of €0.90 per share, which will be submitted for approval at the upcoming annual general meeting.

Outlook Amid Geopolitical Volatility

Chief executive Dimitris Gerogiannis said the airline’s performance in 2025 was supported by network expansion, the delivery of new aircraft and higher capacity during off-peak travel periods. Looking ahead, he noted that rising geopolitical tensions in the Middle East could affect operations. Flights to the region represent approximately 4–5% of the airline’s total scheduled activity, and disruptions could influence demand and fuel costs. Higher fuel prices are expected to affect performance during the first quarter. Nevertheless, strong cash reserves and existing fuel hedging strategies are expected to help the airline manage potential volatility.

Debt Repayment And Financial Stability

The company also strengthened its balance sheet by repaying a €200.3 million common bond loan on March 12, 2026. The payment settled all obligations linked to the bond issued in March 2019. By the end of 2025, Aegean Airlines reported €955.1 million in cash, cash equivalents and financial investments, highlighting a strong liquidity position.

Conclusion

Aegean Airlines’ performance in 2025 reflects a well-executed blend of strategic expansion and fiscal discipline, positioning the carrier for continued success despite a challenging global environment. The company’s ability to sustain operational efficiency and profitability while managing external risks sets a compelling example for the aviation industry as it navigates an era of heightened market uncertainties.

The Future Forbes Realty Global Properties

Iran-Linked Hackers Shut Down U.K. Power Plant For Four Days

by THEFUTURE.TEAM

August 25, 2026

A small U.K. power plant was taken offline for four days in July after a cyberattack reportedly linked to hackers tied to Iran, according to The Telegraph. The incident was not considered a threat to the wider U.K. energy system, according to the government.

U.K. Government Declines To Assign Blame

A government spokesperson declined to identify the facility or confirm who was behind the attack. The government said the incident affected a small-scale generator and did not threaten the wider energy system.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

“The U.K. has a highly resilient energy system. We work closely with the energy sector to protect infrastructure and ensure the highest security standards,” the spokesperson told CNBC.

The Department for Energy Security and Net Zero said it had briefed energy executives and written to companies about further measures. The department is also updating cybersecurity regulations for the energy sector.

U.S. Agencies Warned Of Iranian Cyber Activity

The reported attack came as U.S. authorities warned that Iranian cyber actors were targeting critical infrastructure. The Cybersecurity and Infrastructure Security Agency, FBI, Environmental Protection Agency and other agencies said Iranian actors had targeted water facilities across at least seven U.S. states.

U.S. officials have also warned that Iranian cyber groups could target businesses and infrastructure in response to the conflict between the U.S., Israel and Iran.

On Aug. 18, the U.S. Department of Justice charged 17 Iranians over what it described as a “massive cyber theft campaign” carried out on behalf of the Islamic Revolutionary Guard Corps and other Iranian entities.

Iran Has Also Faced Cyberattacks

Iran has also been targeted by major cyberattacks. In June, blockchain analytics firm Elliptic said hackers stole more than $90 million from Nobitex, Iran’s largest cryptocurrency exchange.

According to Elliptic, the funds were moved from Nobitex wallets to addresses containing messages referencing the Islamic Revolutionary Guard Corps. The pro-Israel hacking group Gonjeshke Darande, also known as Predatory Sparrow, claimed responsibility for the attack.

The reported U.K. incident adds to a series of cyberattacks involving critical infrastructure and state-linked actors. Energy companies and other infrastructure operators are facing growing pressure to strengthen defenses as cyber operations become increasingly tied to geopolitical conflicts.