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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.

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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.

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Paphos Tourism Board Reports Strong Uptake For Smart Signage Programme

The Paphos regional board of tourism (Etap Paphos) says its smart signage programme continues to attract strong visitor engagement, highlighting the growing role of digital tools in destination management and tourism experiences.

Designed to replace traditional information boards with interactive and environmentally friendly signage, the initiative aims to improve access to information while supporting a more sustainable visitor experience.

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QR Code Engagement Continues To Rise

Between January and June 2026, visitors recorded more than 43,000 QR code scans across 150 smart signs installed throughout the district.

Usage remained strong throughout 2025, with the network generating more than 140,000 scans between January and December, indicating that the platform has become an established part of the region’s tourism offering.

Top Destinations Attract The Most Interest

Data from Etap Paphos show that the most frequently accessed locations in 2025 included Panagia Chrysopolitissa, the Monastery of Agios Neophytos, Kremmiotis Waterfall in Kritou Terra, the Catacomb of Agia Solomoni and the Maa-Palaiokastro archaeological site in the Municipality of Akamas.

Among international users, the largest numbers of scans came from visitors from the United Kingdom, Poland, Germany, Israel and Greece, excluding permanent residents of Cyprus.

Expansion Continues In 2026

Further expansion is planned this year, with the seventh phase of the programme already underway.

Eight additional smart signs are scheduled for installation at points of interest and natural landmarks in Nikokleia, Pelathousa, the Municipality of Polis Chrysochous, Letymbou and the Municipality of Akamas.

By scanning a QR code, visitors can access content in their preferred language through a smartphone or tablet. Available features include audio guides, written information, photographs, videos and 360-degree virtual tours.

Digitalisation As A Tourism Strategy

According to Etap Paphos, digitalisation remains a key pillar of its broader tourism strategy, alongside accessibility, sustainable development, cultural heritage promotion, creative tourism and destination marketing.

These initiatives form part of the organisation’s long-term efforts to strengthen Paphos’ position as a year-round destination while enhancing the visitor experience through technology.