{"id":214524,"date":"2025-04-30T09:59:39","date_gmt":"2025-04-30T09:59:39","guid":{"rendered":"https:\/\/peraltafinancing.com\/aerospace\/aegean-and-sky-express-both-announce-strong-q1-results\/"},"modified":"2025-04-30T09:59:39","modified_gmt":"2025-04-30T09:59:39","slug":"aegean-and-sky-express-both-announce-strong-q1-results","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=214524","title":{"rendered":"Aegean and Sky Express both announce strong Q1 results"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>The two largest airlines in Greece have both posted strong results for the start of 2025. Additionally, both carriers are looking forward to a strong summer season ahead, with higher numbers of visitors expected to travel to Greece for their vacations and with both airlines continuing to expand operations.<\/p>\n<p>According to Tornos News, Athens-based <a href=\"https:\/\/www.aerotime.aero\/tag\/aegean-airlines\" title=\"Aegean Airlines\">Aegean Airlines<\/a>, which has become the country\u2019s de facto national carrier, carried 3.1 million passengers in the first quarter of the year (January to March 2025), a figure that represents an impressive 8.4% increase over the same period in 2024. In the first quarter (1Q25), the carrier increased total capacity by 8.8%, reaching 3.86 million seats in total across its network. The airline\u2019s load factor remained high, at 80.2%, and while slightly down on the same period in 2024 (by 0.3%), it still managed to keep above 80% for what is essentially the off-peak season for Aegean.<\/p>\n<p>As a key indicator of how the airline is doing on its international route network, the carrier saw an 11.7% increase in international passenger traffic in 1Q25, reaching 1.9 million passengers, up from 1.7 million in the corresponding period of 2024.<\/p>\n<aside class=\"article-leaderboard bn-1\"\/>\n<figure class=\"wp-block-image size-full\"><picture><source srcset=\"https:\/\/www.aerotime.aero\/images\/2025\/03\/AE1-1.jpg.webp 1200w, https:\/\/www.aerotime.aero\/images\/2025\/03\/AE1-1-300x200.jpg 300w, https:\/\/www.aerotime.aero\/images\/2025\/03\/AE1-1-768x512.jpg 768w, https:\/\/www.aerotime.aero\/images\/2025\/03\/AE1-1-380x253.jpg 380w, https:\/\/www.aerotime.aero\/images\/2025\/03\/AE1-1-800x533.jpg 800w, https:\/\/www.aerotime.aero\/images\/2025\/03\/AE1-1-1160x773.jpg 1160w, https:\/\/www.aerotime.aero\/images\/2025\/03\/AE1-1-760x507.jpg 760w, https:\/\/www.aerotime.aero\/images\/2025\/03\/AE1-1-600x400.jpg 600w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" type=\"image\/webp\"><img loading=\"lazy\" title=\"Aegean Airlines\" decoding=\"async\" width=\"1200\" height=\"800\" src=\"https:\/\/www.aerotime.aero\/images\/2025\/03\/AE1-1.jpg\" alt=\"Aegean Airlines\" class=\"wp-image-117871\" srcset=\"https:\/\/www.aerotime.aero\/images\/2025\/03\/AE1-1.jpg 1200w, https:\/\/www.aerotime.aero\/images\/2025\/03\/AE1-1-300x200.jpg 300w, https:\/\/www.aerotime.aero\/images\/2025\/03\/AE1-1-768x512.jpg 768w, https:\/\/www.aerotime.aero\/images\/2025\/03\/AE1-1-380x253.jpg 380w, https:\/\/www.aerotime.aero\/images\/2025\/03\/AE1-1-800x533.jpg 800w, https:\/\/www.aerotime.aero\/images\/2025\/03\/AE1-1-1160x773.jpg 1160w, https:\/\/www.aerotime.aero\/images\/2025\/03\/AE1-1-760x507.jpg 760w, https:\/\/www.aerotime.aero\/images\/2025\/03\/AE1-1-600x400.jpg 600w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" data-eio=\"p\"\/><\/source><\/picture><figcaption class=\"wp-element-caption\">Markus Mainka \/ Shutterstock<\/figcaption><\/figure>\n<p>Divided between the airline\u2019s two main bases, routes to Athens saw the majority of the passengers, with 1.65 million international passengers using them \u2013 an increase of 12.1%. Meanwhile, the airline\u2019s second main base at Thessaloniki recorded a 6.4% increase in its international travelers carried on Aegean flights. Traffic on the carrier\u2019s domestic Greek network also increased by 3.3%, reaching 1.180 million passengers.<\/p>\n<p>According to ch-aviation, Aegean operates an all-Airbus fleet of 66 aircraft comprising A320-200s, A320neos, A321-200s, and A321neos. The company has a further 82 new aircraft on order from the European planemaker. The company currently operates 166 routes to 114 destinations across 46 countries. \u00a0\u00a0\u00a0<\/p>\n<p>Looking ahead to the rest of 2025, Aegean will offer a total of 21.5 million seats until the end of the year, which will be an increase of 1.8 million compared to 2024. Across its international network, it will offer approximately 13 million seats, an increase of 1.4 million seats offered in 2024.<\/p>\n<aside class=\"article-leaderboard bn-2\"\/>\n<figure class=\"wp-block-image size-full\"><picture><source srcset=\"https:\/\/www.aerotime.aero\/images\/2025\/01\/AE.jpg.webp 1000w, https:\/\/www.aerotime.aero\/images\/2025\/01\/AE-300x200.jpg 300w, https:\/\/www.aerotime.aero\/images\/2025\/01\/AE-768x512.jpg 768w, https:\/\/www.aerotime.aero\/images\/2025\/01\/AE-380x253.jpg 380w, https:\/\/www.aerotime.aero\/images\/2025\/01\/AE-800x534.jpg 800w, https:\/\/www.aerotime.aero\/images\/2025\/01\/AE-760x507.jpg 760w, https:\/\/www.aerotime.aero\/images\/2025\/01\/AE-600x400.jpg 600w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" type=\"image\/webp\"><img loading=\"lazy\" title=\"AthensGreece September212020AegeanAirlinesAirbusA320neo\" decoding=\"async\" width=\"1000\" height=\"667\" src=\"https:\/\/www.aerotime.aero\/images\/2025\/01\/AE.jpg\" alt=\"Aegean\" class=\"wp-image-114687\" srcset=\"https:\/\/www.aerotime.aero\/images\/2025\/01\/AE.jpg 1000w, https:\/\/www.aerotime.aero\/images\/2025\/01\/AE-300x200.jpg 300w, https:\/\/www.aerotime.aero\/images\/2025\/01\/AE-768x512.jpg 768w, https:\/\/www.aerotime.aero\/images\/2025\/01\/AE-380x253.jpg 380w, https:\/\/www.aerotime.aero\/images\/2025\/01\/AE-800x534.jpg 800w, https:\/\/www.aerotime.aero\/images\/2025\/01\/AE-760x507.jpg 760w, https:\/\/www.aerotime.aero\/images\/2025\/01\/AE-600x400.jpg 600w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" data-eio=\"p\"\/><\/source><\/picture><figcaption class=\"wp-element-caption\">Markus Mainka \/ Shutterstock<\/figcaption><\/figure>\n<p>On its domestic network, the carrier will offer 8.5 million seats, up by 6% over the previous year\u200b. With further international expansion in the pipeline, the company is expanding its operations in 2025 with new direct flights to Istanbul in Turkey from Heraklion, Mykonos, Rhodes, and Santorini, Erbil in Iraq, Baku in Azerbaijan, and to Rome from Larnaca Airport (LCA) in Cyprus. It will also focus on expansion in other key markets, including the Iberian Peninsula, the Balkans, Egypt, Italy, and Switzerland. On the domestic side, Aegean will be adding seven new routes, mainly strengthening connections from the major Greek islands of Heraklion and Rhodes.<\/p>\n<h2 id=\"sky-express-sees-impressive-growth\" class=\"wp-block-heading\">SKY Express sees impressive growth<\/h2>\n<p><a href=\"https:\/\/www.aerotime.aero\/tag\/greece\" title=\"Greece\u2019s\">Greece\u2019s<\/a> other primary carrier, SKY Express, saw an equally impressive start to 2025, with the airline recording a 10% increase in total passenger traffic and 8.5% in revenues in the first quarter of the year. The company saw a 9.5% increase in total capacity across its route network, along with operating a 5.5% increase in the total number of flights. SKY Express saw an unprecedented 27% increase in international passenger traffic over the same period in 2024, driven largely by multiple new route startups since last year.<\/p>\n<p>The airline currently operates a fleet of 12 jet aircraft and 143 turboprops. The fleet is made up of a single A320, ten A320neos, and two A321neos. For lighter routes on domestic sectors, the carrier uses four ATR42-500s plus ten ATR72-600s. SKY Express currently serves 156 routes and 84 destinations across 24 countries. Its turboprop fleet makes up the largest domestic network in the country, with 33 separate destinations.<\/p>\n<aside class=\"article-leaderboard bn-3\"\/>\n<figure class=\"wp-block-image size-full\"><picture><source srcset=\"https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY2.jpg.webp 1000w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY2-300x200.jpg 300w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY2-768x512.jpg 768w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY2-380x253.jpg 380w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY2-800x534.jpg 800w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY2-760x507.jpg 760w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY2-600x400.jpg 600w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" type=\"image\/webp\"><img loading=\"lazy\" title=\"MunichGermany June292023SkyExpressAirbus\" decoding=\"async\" width=\"1000\" height=\"667\" src=\"https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY2.jpg\" alt=\"SKY Express\" class=\"wp-image-120580\" srcset=\"https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY2.jpg 1000w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY2-300x200.jpg 300w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY2-768x512.jpg 768w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY2-380x253.jpg 380w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY2-800x534.jpg 800w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY2-760x507.jpg 760w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY2-600x400.jpg 600w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" data-eio=\"p\"\/><\/source><\/picture><figcaption class=\"wp-element-caption\">Dirk Daniel Mann \/ Shutterstock<\/figcaption><\/figure>\n<p>Additionally, the SKY Express fleet is one of the youngest and most modern in Europe. The average age of the Airbus fleet is just 3.5 years for Airbus and 2.5 years for ATR 72-600. In the past year, two new Airbus A320neos were added to the fleet, with a further two expected to join in 2025.<\/p>\n<p>With further international expansion at the heart of its strategy for 2025 and beyond, SKY Express is planning to open new routes throughout the rest of the year. In 2024 alone, its international network expanded from 15 to 22 destinations, with new connections to Amsterdam, Istanbul, Vienna, Prague, Yerevan, Tbilisi, and Tirana. In the first quarter of 2025, the number of seats offered on its international services increased by 33.5% compared to the same period of 2024.<\/p>\n<p>The increase in passenger traffic to and from SKY\u2019s key hubs at Athens (+10%), Thessaloniki, and Heraklion increased by 10%, 5.5%, and 8.8%, respectively. In 2024, the airline carried a total of five million passengers on its flights.<\/p>\n<figure class=\"wp-block-image size-full\"><picture><source srcset=\"https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY3.jpg.webp 1000w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY3-300x200.jpg 300w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY3-768x512.jpg 768w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY3-380x253.jpg 380w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY3-800x534.jpg 800w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY3-760x507.jpg 760w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY3-600x400.jpg 600w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" type=\"image\/webp\"><img loading=\"lazy\" title=\"AmsterdamNetherlands September52021 SkyExpressgq\" decoding=\"async\" width=\"1000\" height=\"667\" src=\"https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY3.jpg\" alt=\"SKY Express\" class=\"wp-image-120582\" srcset=\"https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY3.jpg 1000w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY3-300x200.jpg 300w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY3-768x512.jpg 768w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY3-380x253.jpg 380w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY3-800x534.jpg 800w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY3-760x507.jpg 760w, https:\/\/www.aerotime.aero\/images\/2025\/04\/SKY3-600x400.jpg 600w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" data-eio=\"p\"\/><\/source><\/picture><figcaption class=\"wp-element-caption\">Kevin Hackert \/ Shutterstock<\/figcaption><\/figure>\n<h2 id=\"2025-to-set-new-records\" class=\"wp-block-heading\">2025 to set new records<\/h2>\n<p>With both airlines undergoing periods of growth, with new route startups and multiple new aircraft joining the fleets of both carriers, the rest of 2025 looks promising for the Greek airline industry. With travel to the Greek mainland and islands set to reach record levels in summer 2025, both carriers appear set for further success. \u00a0<\/p>\n<aside class=\"cnvs-block-posts cnvs-block-posts-1746004089768 cnvs-block-posts-layout-horizontal-type-2-read-more\" data-layout=\"horizontal-type-2-read-more\" data-min-height=\"\">&#13;<\/p>\n<div class=\"cs-posts-area\" data-posts-area=\"\">\n<div class=\"cs-posts-area__outer\">\n<div class=\"cs-posts-area__main cs-block-posts-layout-horizontal-type-2-read-more cs-display-column\">\n<article class=\"post-120559 post type-post status-publish format-standard has-post-thumbnail category-airlines category-aviation-economics-finance tag-jetblue tag-united-airlines trending_today-trending_today cs-entry cs-video-wrap\">\n<div class=\"cs-entry__outer\" style=\"border-top: 1px solid;border-bottom: 1px solid;padding: 5px 0;\">\n<div class=\"cs-entry__inner cs-entry__thumbnail cs-entry__overlay cs-overlay-ratio cs-ratio-square\">\n<div class=\"cs-overlay-background cs-overlay-transparent\">\n<p>\t\t                        <a class=\"cs-overlay-link\" style=\"position: relative\" href=\"https:\/\/www.aerotime.aero\/articles\/jetblue-1q25-results-united-link-s\" title=\"JetBlue reveals Q1 results, to announce commercial tie-up with United Airlines \u00a0\">\n                        <picture><source srcset=\"https:\/\/www.aerotime.aero\/images\/2025\/04\/JB2-32-80x80.jpg.webp 80w, https:\/\/www.aerotime.aero\/images\/2025\/04\/JB2-32-150x150.jpg 150w, https:\/\/www.aerotime.aero\/images\/2025\/04\/JB2-32-110x110.jpg 110w, https:\/\/www.aerotime.aero\/images\/2025\/04\/JB2-32-160x160.jpg.webp 160w, https:\/\/www.aerotime.aero\/images\/2025\/04\/JB2-32-220x220.jpg.webp 220w, https:\/\/www.aerotime.aero\/images\/2025\/04\/JB2-32-300x300.jpg 300w\" sizes=\"(max-width: 80px) 100vw, 80px\" type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"80\" height=\"80\" src=\"https:\/\/www.aerotime.aero\/images\/2025\/04\/JB2-32-80x80.jpg\" class=\"attachment-csco-smaller size-csco-smaller wp-post-image\" alt=\"JetBlue\" srcset=\"https:\/\/www.aerotime.aero\/images\/2025\/04\/JB2-32-80x80.jpg 80w, https:\/\/www.aerotime.aero\/images\/2025\/04\/JB2-32-150x150.jpg 150w, https:\/\/www.aerotime.aero\/images\/2025\/04\/JB2-32-110x110.jpg 110w, https:\/\/www.aerotime.aero\/images\/2025\/04\/JB2-32-160x160.jpg 160w, https:\/\/www.aerotime.aero\/images\/2025\/04\/JB2-32-220x220.jpg 220w, https:\/\/www.aerotime.aero\/images\/2025\/04\/JB2-32-300x300.jpg 300w\" sizes=\"auto, (max-width: 80px) 100vw, 80px\" title=\"JetBlue\" data-eio=\"p\"\/><\/source><\/picture>                    <\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/article><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>&#13;<br \/>\n\t<\/aside>\n<p>\u00a0\u00a0\u00a0<\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>The two largest airlines in Greece have both posted strong results for the start of 2025. Additionally, both carriers are looking forward to a strong summer season ahead, with higher numbers of visitors expected to travel to Greece for their vacations and with both airlines continuing to expand operations. According to Tornos News, Athens-based Aegean [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":214525,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12024],"tags":[59367,14046,4510,4955,866,457],"dealstore":[],"offerexpiration":[],"class_list":["post-214524","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-aegean","tag-announce","tag-express","tag-results","tag-sky","tag-strong"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Aegean and Sky Express both announce strong Q1 results - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=214524\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aegean and Sky Express both announce strong Q1 results - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"The two largest airlines in Greece have both posted strong results for the start of 2025. Additionally, both carriers are looking forward to a strong summer season ahead, with higher numbers of visitors expected to travel to Greece for their vacations and with both airlines continuing to expand operations. 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