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.

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

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.

The Future Forbes Realty Global Properties

Cyprus Government Surplus Rises To €1.61 Billion In First Nine Months Of 2026

by THEFUTURE.TEAM

November 5, 2026

Cyprus recorded a general government surplus of €1.61 billion in the first nine months of 2026, equal to 4.0% of gross domestic product, as revenue growth outpaced the rise in public spending. Higher receipts from income taxes, social contributions and value-added tax (VAT) drove the improvement, while lower capital expenditure helped restrain spending.

Preliminary figures released Tuesday by the Statistical Service of Cyprus show the surplus rose to €1.17 billion, or 3.0% of GDP, up from € 442.1 million in the same period of 2025.

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

Total government revenue increased 6.5% to €12.09 billion, while expenditure rose 2.9% to €10.48 billion.

Key Fiscal Measure	January–September 2025	January–September 2026
Total revenue	€11,353.9 million	€12,091.8 million
Total expenditure	€10,186.2 million	€10,482.1 million
Government surplus	€1,167.6 million	€1,609.7 million
Surplus as a share of GDP	3.0%	4.0%

Income Taxes And VAT Lead Revenue Growth

Taxes on income and wealth made the largest contribution to the increase in revenue. Receipts in this category climbed by €442.2 million, or 15.3%, to €3.34 billion, compared with €2.89 billion a year earlier.

Social contributions rose by €235 million, or 6.6%, to €3.78 billion. Taxes on production and imports increased by €251.5 million, or 7.2%, reaching €3.77 billion.

Net VAT receipts, after refunds, totalled €2.64 billion, up €293.1 million, or 12.5%, from €2.35 billion in the first nine months of 2025.

Some Revenue Streams Decline

Not all revenue categories moved higher. Capital transfers fell by €74.6 million to €96.7 million, while current transfers declined by €71.6 million, or 20.5%, to €278.2 million.

Revenue from services slipped 1.0% to €743.5 million. Interest and dividend receipts dropped by €37 million, or 28.6%, to €92.4 million.

Social Benefits And Personnel Costs Increase

On the expenditure side, social benefits rose by €199.6 million, or 4.9%, to €4.27 billion. Compensation of employees—which includes imputed social contributions and public-sector pensions—increased by €108.3 million, or 3.8%, to €2.99 billion.

Intermediate consumption, covering goods and services used in the delivery of public services, rose by €114.3 million, or 11.0%, to €1.16 billion. Interest payments increased by €8.7 million, or 2.6%, to €340.7 million. Current transfers were up €68.7 million, or 10.6%, at €714.7 million.

Lower Capital Spending Limits Expenditure Growth

The overall increase in spending was tempered by a decline in capital expenditure. Capital-account spending fell by €189.9 million, or 16.9%, to €936.2 million from €1.13 billion in the same period last year.

Investment in fixed capital declined by €94.1 million, or 12.1%, to €686.4 million. Other capital transfers fell by €95.8 million, or 27.7%, to €249.8 million. Subsidies also decreased, dropping by €13.9 million, or 15.5%, to €75.8 million.

Breaking news