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Aegean Airlines shrinks loss in second quarter, sales jump - Financial Markets Worldwide

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ReutersStock Markets22 minutes ago (Sep 17, 2021 04:10AM ET)

© Reuters. FILE PHOTO: An Aegean Airlines Airbus A320-200 aircraft takes off from the Eleftherios Venizelos International Airport in Athens, Greece, May 16, 2016. REUTERS/Alkis Konstantinidis/File Photo

ATHENS (Reuters) – Greece’s largest carrier Aegean Airlines on Friday reported a lower loss in the second quarter compared to the same period a year earlier as passenger traffic recovered from the pandemic travel restrictions.

Aegean said its net loss came to 33.9 million euros ($39.91 million) in April-to-June compared to a loss of 73.4 million euros in the second quarter of 2020. Sales rose 168% to 108.6 million euros.

($1 = 0.8494 euros)

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