Aegean Airlines S.A. Overview
Pro stress-test →Aegean Airlines is the flag carrier and largest airline in Greece by passenger volume, fleet size, and destinations served. The company operates scheduled and charter services across Greece, Europe, and the Middle East from its primary hub in Athens, with secondary hubs in Thessaloniki and Larnaca (Cyprus), serving approximately 16 million passengers annually.
Strategic Profile
Pro stress-test →As a Star Alliance member since 2010 with a Lufthansa partnership, Aegean maintains a competitive position through its modern all-Airbus fleet and strong brand recognition, consistently ranked among Europe's best regional airlines. The company operates an integrated model combining full-service scheduled flights with charter operations and ground handling services through its Olympic Air subsidiary.
Competitive Landscape
Pro stress-test →Aegean faces competition from European legacy carriers (Lufthansa Group, Air France-KLM) and low-cost carriers (Ryanair, easyJet) on international routes, and from Olympic Air subsidiary on domestic services. The company's primary competitive advantage lies in its dominant market position in Greece with 90%+ domestic market share and strong service quality ratings.
Industry Context
Aegean Airlines S.A. operates in Airlines / Air Passenger Transportation.
Key facts
Founded: 1995 · Headquarters: Athens, Greece · Employees: 3,982 · Revenue: $1.9B · Market cap: $1.5B