AEGEAN Airlines confirmed a continued positive trajectory for 2025, reporting a 14% increase in net profits to €147.8 million, alongside revenue growth of 5% to €1.86 billion. The company attributed the performance to network expansion and gradual demand recovery during the winter months.
The airline carried 17.3 million passengers, nearly one million more than in 2024, offering 21 million available seats, a 6% increase, which helped partially mitigate seasonal fluctuations. The overall load factor reached 82.5%.
Financial and operational highlights include:
- EBITDA of €421.5 million
- Pre-tax profits of €192.1 million, up 17%
- Net profits of €147.8 million, a 14% increase
AEGEAN’s results were achieved despite higher costs linked to European environmental regulations, including emissions compliance and sustainable aviation fuel (SAF), which added €43.3 million in expenses. Positive factors included lower fuel costs and a stronger euro against the dollar.
During the fourth quarter, AEGEAN increased available seats by 10% and carried 9% more passengers, boosting Q4 revenue by 7%. Cash, cash equivalents, and other financial investments stood at €955.1 million at the end of 2025.
The board of directors will propose a €0.90 dividend per share to shareholders at the upcoming general assembly.
CEO Dimitrios Gerogiannis said: “2025 was another year of strong performance for AEGEAN, with passenger growth, higher revenue, and profitability. Network expansion, new aircraft, and off-peak activity contributed significantly. Looking ahead, despite regional volatility in the Middle East affecting fuel costs, AEGEAN remains resilient and adaptable to safeguard competitiveness and growth prospects.”
AEGEAN also completed full repayment of its €200.3 million bond issued in March 2019, covering principal and interest.
