Home » today » Business » AEGEAN: Romania withdraws from investment – 2024-02-19 09:55:18

AEGEAN: Romania withdraws from investment – 2024-02-19 09:55:18

AEGEAN has completed the transfer of its entire stake in Romanian airline Animawings to its other shareholder and main commercial partner, Memento Group. Thus, he now becomes a 100% shareholder of Animawings, as reported by ot.gr.

As the company states in its announcement, one of the two aircraft that were leased to Animawings has already returned to the AEGEAN fleet, while in a few months the second will also return, to further strengthen AEGEAN’s increased operational needs due to the expanded its network.

“AEGEAN wishes its 3-year partner and long-term customer, Memento Group every success in the further development of Animawings”, the announcement concludes.

Company data for 2023

It is recalled that the company announced for 2023, increased seats by 3.1 million compared to 2022. At the same time, it carried 15.5 million passengers, increased by 3.2 million, achieving an increase of 26% compared to the previous year, and setting a new all-time high.

In particular, Aegean offered 11.1 million seats on the international network, 2.2 million more than in 2022. Accordingly, the company carried 9.2 million passengers, marking an increase of 29% compared to 2022. Increased domestic passenger traffic also increased by 22%, reflecting the positive impact of the increased connectivity of the islands through Athens, due to the expansion of the foreign network, but also the dynamic recovery of the economy. It is important that smaller regional destinations, such as Sitia, Skyros, Naxos, Lemnos had excellent growth potential. Overall, average flight occupancy improved to 83.4% from 79.4% in 2022.

The Aegean network

The expansion of the Aegean network, which exceeded 180 destinations in 49 countries, adding more than 30 new international destinations in the summer season, and especially in the winter, but also the increase in the capacity offered with almost 2.2 million more available international seats compared to 2022, they contributed to the strong growth momentum and the success recorded. At the same time, the strengthening of the mood and ability of Greeks for leisure trips, combined with the high dynamics of tourist demand throughout the year, contributed to the further strengthening of both the main hub of Athens and Thessaloniki, as well as smaller, less prominent destinations, with AEGEAN having contributed catalytically to the diffusion of the tourist product, but also to the expansion of the tourist season, giving increased options to passengers during the winter months as well. New destinations, such as Dubai, Innsbruck and Bratislava, but also the maintenance of summer routes (from Athens to Bristol, Malaga, Bilbao, Tallinn, Riga, Tunisia, but also to Barcelona from Thessaloniki ) during the winter season, resulted in a 23% increase in seat kilometers, surpassing 20 billion seat kilometers compared to 2022.

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