Aegean Airlines Plans Expansion With A320neo Fleet

An Aegean Airlines A320ceo. Photo by Adam Lanzen | AeroNewsX

Greece’s largest carrier, Aegean Airlines, a member of the Star Alliance group, has plans for a 7.8% capacity growth in 2020. It expects to achieve this by using its new A320neo’s; Aegean took delivery of its first A320neo on December 19th, 2019. The airline plans to put it into service sometime in February 2020 and by July 2020 the company hopes to receive 6 new aircraft of the type in total. A minimum of 46 A320neos are expected to be received by the end of 2024. Aegean Airlines has configured its A320neos to accommodate 12 passengers in Business class and 154 in Economy, equipped with Pratt & Whitney PW1000G engines.

“With 11 new routes, 1.5 million additional seats and 19.2 million seats in total, and of course with the addition of the first six A320neo family aircraft to our fleet, we create a new growth potential for our company,” Aegean Airlines CEO Dimitris Gerogiannis said.

The airline already operates an A319, 37 A320s, and 11 A321s. Last June it ordered 20 A320neos and 10 A321neos, and it has since signed with leasing companies for 16 additional aircraft.

It operates scheduled and charter services from Athens and Thessaloniki to other major Greek destinations as well as to a number of European and Middle Eastern destinations. The airline recently announced that they will be flying direct from Birmingham Airport to the Greek capital of Athens from 3rd June 2020. They plan to operate a twice-weekly service to Athens from Birmingham Airport on both Wednesdays and Saturdays.

“The company plans to increase capacity in another 47 international routes, adding 1.1 million seats to its annual activity,” Aegean said, describing its overall 2020 growth plan.

Aegean Air has been continuously profitable since 2013, recording a 67.9 million euro profit last year. It employed some 2.700 people in 2018, carried 13.9 million passengers and registered an average cabin load factor of 83.9% with a fleet of 63 aircraft.

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