Aegean Airlines

Aegean Airlines is the largest airline in Greece, founded in 1999 and has a fleet of 53 narrow-body airliners. It has modernized its fleet several times, replacing ATR-42/72 regional propliners with Airbus A319s, A320s, and A321s. In 2020, it began replacing its A320ceo and A321ceo aircraft with the modern A320neo and A321neo. Despite financial issues and the COVID-19 pandemic, the airline has returned to profitability.

Format: Paperback / softback
Length: 96 pages
Publication date: 30 November 2023
Publisher: Key Publishing Ltd

Aegean Airlines, founded in 1999 in Athens, stands as the largest airline in Greece today, boasting a fleet of 53 narrow-body airliners. Since its inception, the airline has undergone numerous modernizations, reflecting its commitment to excellence. In the early years, its fleet consisted of ATR-42/72 regional propliners, which were gradually retired by 2004. In their place, Aegean introduced Airbus A319s, A320s, and A321s to its fleet, replacing the older Boeing 737-300 and 400 narrow-body jetliners.

Beginning in 2020, Aegean Airlines embarked on a significant fleet modernization project, replacing its A320ceo and A321ceo aircraft with the modern A320neo and A321neo models. This modernization not only enhances safety but also boosts the airline's profitability.

Aegean Airlines' rise to prominence can be attributed to several factors. One of them was the financial challenges faced by other airlines in Greece, creating a vacuum that Aegean Airlines swiftly filled. As a result, it became the successor to most flights operating to Europe and the Middle East. Additionally, the demise of Olympic Airlines further contributed to Aegean's expansion and success.

However, the COVID-19 pandemic posed a significant challenge to the airline industry, including Aegean Airlines. The global travel restrictions and reduced demand significantly impacted the airline's operations. Nevertheless, with the gradual easing of these restrictions, Aegean Airlines has managed to recover and return to profitability.

This book delves into the history and current status of Aegean Airlines' aircraft fleet, providing insights into the airline's remarkable journey to the top of Greece's aviation industry. It explores the challenges faced by Aegean Airlines during its early years and its strategic decisions that have propelled it to its current position of dominance. The book also sheds light on the fleet modernization project and its impact on the airline's performance.

In conclusion, Aegean Airlines' story is a testament to the resilience and adaptability of the airline industry. Despite facing significant challenges, the airline has managed to thrive and become a key player in the Greek aviation market. Its commitment to modernization, safety, and customer satisfaction has earned it a loyal following and a reputation for excellence. As Aegean Airlines continues to evolve and grow, it remains a shining example of how the industry can overcome adversity and achieve success.

Weight: 292g
Dimension: 169 x 242 x 9 (mm)
ISBN-13: 9781802827224