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Aegean Airlines S.A.
, is the flag carrier airline of Greece and the largest Greek airline by total number of passengers carried, by number of destinations served and by fleet size. A Star Alliance member since June 2010, 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. Its main hubs are Athens International Airport in Athens, Macedonia International Airport in Thessaloniki and Larnaca International Airport in Cyprus. It also uses other Greek airports as bases, some of which are seasonal. It has its head office in Kifisia, a suburb of Athens.
On 21 October 2012, Aegean Airlines announced that it had struck a deal to acquire Olympic Air, and the buyout was approved by the European Commission a year later, on 9 October 2013. Both carriers continue to operate under separate brands. In addition, Aegean Airlines participated in the final stages of the tender for the privatization of Cyprus Airways, the national carrier of Cyprus. Following the bankruptcy of Cyprus Airways, Aegean Airlines established a hub at Larnaca Airport, thus initiating scheduled flights to and from the island to various destinations and filling the service gap created by the services termination of Cyprus Airways.
Beginnings
Aegean Airlines was founded as Aegean Aviation in 1987. After it was acquired by Vasilakis Group in 1994, Aegean Aviation commenced VIP flights from Athens all over the world with wholly owned Learjet aircraft.
Commercial flights
Aegean's first commercial flights were in May 1999 from Athens to Heraklion, Crete and Thessaloniki with 2 new wholly owned British Aerospace Avro RJ100. In December 1999 Aegean acquired Air Greece. Since 2005, the airline has been in partnership with Lufthansa. In March 2006, Aegean Airlines also entered into a co-operation agreement with TAP Air Portugal. In December 2008, Aegean Airlines announced its co-operation with Brussels Airlines.
Charter flights
During the summer season, Aegean Airlines operates several A320s, performing charter services in association with major tour operators. The charter flights connect popular holiday destinations in Greece to Italy, France, United Kingdom, Poland, Israel, Romania, Russia, Sweden, Denmark, Estonia, Finland, Norway, Slovenia, Austria, Germany, Hungary, Ukraine and other countries. In recent years, they have also operated charter flights for football fixtures, for example, when the Greece national football team is playing abroad.
Aegean Airlines also owns a 51% stake in Animawings, a Romanian charter airline.
Fleet development
In its history, the airline has so far made two strategic moves concerning its fleet. The first was meant to withdraw all turboprop planes from the fleet, which was accomplished in May 2004. In December 2005, the carrier placed an order for eight Airbus A320s.
In August 2010, Aegean Airlines became the first airline to commit to upgrading its Airbus A320 family fleet with the FANS-B+ datalink system offered by Airbus. By March 2014, passenger cabins across the entire fleet were retrofitted with brand-new reclining Aviointeriors Columbus Two seats, which are thinner and lighter, allowing the addition of an extra row. In 2014, Aegean Airlines also completed the purchase of seven brand-new Airbus A320ceo (current engine option) aircraft to add to its fleet; all deliveries were completed by early 2016.
In June 2018, Aegean firmed up a purchase agreement with Airbus for 10 A321neos and 20 A320neos, following a memorandum of understanding signed in March that year. The company also intended to lease up to 20 more Airbus aircraft.
Historical fleet
In addition to its current aircraft, Aegean Airlines previously operated the following types:
ATR 72-200
ATR 72-500 (wet-leased from SwiftAir)
Boeing 737-300
Boeing 737-400
British Aerospace Avro RJ100
Services
Frequent-flyer program
Miles+Bonus is the frequent flyer program of Aegean Airlines and its Olympic Air subsidiary. It is a rebranding of Miles&Bonus, the former frequent flyer program of Aegean as well as a replacement for Olympic Air's Travelair Club. Miles+Bonus has three tiers: Blue, Silver and Gold.
Airport lounges
Gold members of Miles+Bonus, or those with Gold status in another Star Alliance airline, as well as passengers traveling on business class on an Aegean Airlines or other Star Alliance flight, all have access to the three Aegean Business Lounges in Athens, Thessaloniki and Larnaca.
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