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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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Eurobank Approves €258.7M Dividend And €288M Share Buyback

by THEFUTURE.TEAM

April 29, 2026

Robust Dividend And Share Repurchase Initiatives

Eurobank S.A. shareholders approved a dividend distribution of €258.7 million at the annual general meeting held on April 28. The resolution was supported by approximately 77% of paid-up capital, representing more than 2.77 billion voting shares. The dividend will be paid from special reserves and remains subject to approval by the European Central Bank.

Strategic Share Buyback And Capital Optimization

In addition, shareholders approved a share buyback programme of up to €288 million over the next 12 months, pending regulatory clearance. The programme includes the cancellation of 28,097,019 own shares, which will reduce share capital by approximately €6.18 million. Following this adjustment, total share capital is set at €792,751,032.04, divided into around 3.6 billion ordinary voting shares with a nominal value of €0.22 each.

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Enhanced Executive And Employee Incentives

Alongside capital measures, the meeting addressed remuneration. Shareholders approved an allocation of €35.2 million from special reserves for employee compensation. A five-year programme was also introduced to distribute shares to eligible executives and employees of Eurobank and affiliated entities. In parallel, a revised variable remuneration framework allows selected senior executives to receive up to 200% of fixed pay.

Governance And Audit Oversight Reforms

Changes were also made at the board level. Alexandra Reich was appointed as an independent non-executive director, replacing Jawaid Mirza. Following this appointment, eight of the thirteen board members are classified as independent. Amendments to the articles of association introduce flexibility in board terms and allow partial renewals.

Strengthening Audit And Sustainability Commitments

On the audit side, KPMG Certified Auditors S.A. was appointed as the statutory auditor for 2026. The fee is set at €1.8 million for statutory audits of separate and consolidated financial statements, with an additional €0.3 million allocated for assurance of the sustainability statement. The meeting also approved the 2025 remuneration report and confirmed committee fee arrangements, alongside updates on audit committee activity and independent director reporting.