Aegean Grows Passenger Traffic In Q1

April 19, 2017

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Greece's Aegean Airlines reported a rise in first quarter traffic as international flights saw a 17 percent rise in passenger numbers.

Overall passenger traffic in RPK (revenue passenger km) terms was up 16 percent, with load factor rising 7.5 percentage points to 76.8 percent.

The number of passengers carried during the seasonally slow first quarter rose 5 percent to 2.1 million, with international flights carrying 1.1 million people, a 17 percent increase on the previous year. Domestic passenger numbers fell 6 percent to 992,000.

Aegean said local demand remains weak but “pre-bookings for the summer season, which basically shape our financial performance, remains encouraging for the full year.”

Aegean and its Olympic Air unit, which it took over in 2012, carried 12.5 million passengers in 2016.