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AIRLINE weekly 1-954-524-8855
 
Aegean Airlines

Annual revenues: $710m
Annual operating profit: $63m
Annual net profit: $53m
Operating profit margin: 7%




(Figures are from the period of JAN07-DEC07 in U.S. dollars.)

Fleet:
Type Number in Fleet
A320-200 13
A321-200 2
ARJ100 6
B737-300 1
B737-400 9








For more detailed fleet information, visit www.ch-aviation.ch

Strengths and opportunities:
- Greece a big tourism market
- Main competitor Olympic Airlines is a basket case
- High airport costs in Greece keep many LCCs like Ryanair away
- Now publicly owned and profitable

Weaknesses and threats:
- High airport costs in Greece
- Dependent on shorthaul traffic
- Greek economy not particularly dynamic; incomes low

Financial data is sourced from company reports. The strengths and weaknesses are based on an analysis by Airline Weekly's editors. Information provided on airlineweekly.com is for general informational purposes only and should not be construed as investment advice.

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