Aegean Airlines Secures Best Regional Airline In Europe Award For Fourteen Consecutive Years

Award Recognition Overview

Aegean Airlines has once again demonstrated its industry dominance by clinching the Best Regional Airline in Europe award at the World Airline Awards 2025. Recognized for its impeccable service and operational excellence, the airline extends its winning streak to 14 consecutive years, reinforcing its established reputation within the competitive aviation landscape.

Celebrated At A Prestigious Venue

The award ceremony took place on June 17 at the Air and Space Museum during the Paris Air Show, where key executives and cabin crew gathered to celebrate this distinguished accolade. Over its 26-year history, Aegean Airlines has earned this title 15 times, reflecting the sustained trust and preference of its global clientele, as evidenced by the International Airline Rating Organisation Survey.

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Global Recognition And Service Excellence

Beyond its European accolade, Aegean Airlines was ranked fourth among the world’s best regional airlines, and it consistently features among the top 100 airlines worldwide. This dual recognition underscores the airline’s commitment to delivering a premium travel experience, characterized by reliability, operational efficiency, and a consistently high-quality onboard service.

Leadership And Commitment

Pepi Stamati, Chief People and Corporate Affairs Officer for Aegean, attributed the success to the unwavering dedication of the entire team. “We are particularly happy to have won the award for Best Regional Airline in Europe for yet another year,” Stamati remarked. “This recognition belongs to everyone at Aegean, who with their consistency, professionalism, and dedication, ensure that every passenger enjoys a special travel experience every day.”

Expert Endorsement

Industry leaders like Edward Plaisted, CEO of Skytrax, have echoed this sentiment. Plaisted noted that Aegean Airlines’ repeated success in this category is a clear reflection of strong passenger appreciation for their product and service quality. “Travelers continue to value reliable operations, an exceptional onboard experience, and the consistent delivery of service,” he observed.

A Future Focused On Continuous Improvement

As Aegean Airlines celebrates this significant milestone, the commitment to constantly enhancing its services remains unwavering. The airline’s focus on operational excellence and passenger satisfaction positions it to continue setting industry benchmarks in both regional and global markets.

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Cyprus Income Distribution 2024: An In-Depth Breakdown of Economic Classes

by THEFUTURE.TEAM

December 24, 2025

New findings from the Cyprus Statistical Service offer a comprehensive analysis of the nation’s income stratification in 2024. The report, titled Population By Income Class, provides critical insights into the proportions of the population that fall within the middle, upper, and lower income brackets, as well as those at risk of poverty.

Income Distribution Overview

The data for 2024 show that 64.6% of the population falls within the middle income class – a modest increase from 63% in 2011. However, it is noteworthy that the range for this class begins at a comparatively low threshold of €15,501. Meanwhile, 27.8% of the population continues to reside in the lower income bracket (a figure largely unchanged from 27.7% in 2011), with nearly 14.6% of these individuals identified as at risk of poverty. The upper income class accounted for 7.6% of the population, a slight decline from 9.1% in 2011.

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Income Brackets And Their Thresholds

According to the report, the median equivalent disposable national income reached €20,666 in 2024. The upper limit of the lower income class was established at €15,500, and the threshold for poverty risk was set at €12,400. The middle income category spans from €15,501 to €41,332, while any household earning over €41,333 is classified in the upper income class. The median equivalents for each group were reported at €12,271 for the lower, €23,517 for the middle, and €51,316 for the upper income classes.

Methodological Insights And Comparative Findings

Employing the methodology recommended by the Organisation for Economic Co-operation and Development (OECD), the report defines the middle income class as households earning between 75% and 200% of the national median income. In contrast, incomes exceeding 200% of the median classify households as upper income, while those earning below 75% fall into the lower income category.

Detailed Findings Across Income Segments

Upper Income Class: Comprising 73,055 individuals (7.6% of the population), this group had a median equivalent disposable income of €51,136. Notably, the share of individuals in this category has contracted since 2011.
Upper Middle Income Segment: This subgroup includes 112,694 people (11.7% of the population) with a median income of €34,961. Combined with the upper income class, they represent 185,749 individuals.
Middle Income Group: Encompassing 30.3% of the population (approximately 294,624 individuals), this segment reports a median disposable income of €24,975.
Lower Middle And Lower Income Classes: The lower middle income category includes 22.2% of the population (211,768 individuals) with a median income of €17,800, while the lower income class accounts for 27.8% (267,557 individuals) with a median income of €12,271.

Payment Behaviors And Economic Implications

The report also examines how income levels influence repayment behavior for primary residence loans or rental payments. Historically, households in the lower income class have experienced the greatest delays. In 2024, 27.0% of those in the lower income bracket were late on payments—a significant improvement from 34.6% in 2011. For the middle income class, late payments were observed in 9.9% of cases, down from 21.4% in 2011. Among the upper income class, only 3% experienced delays, compared to 9.9% previously.

This detailed analysis underscores shifts in income distribution and repayment behavior across Cyprus, reflecting broader economic trends that are critical for policymakers and investors to consider as they navigate the evolving financial landscape.

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