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Aegean Airlines sees Q2 revenue plunge 88%,  flights cut by 82%
© Cyprus Mail | Aegean Airlines sees Q2 revenue plunge 88%, flights cut by 82%

Aegean Group saw consolidated revenue plunge by 88 per cent in the second quarter of this year compared with the same period in 2019, the airline announced in a statement on Monday.
Total revenue was just €40.4 million, a decline in revenue of €307 million from the previous year. Pre-tax losses (excluding extraordinary) stood at €58.7 million, down from a pre-tax profit of €31.5 million in the second quarter of 2019.
Total first half 2020 consolidated revenue fell by 64 per cen….. Read More On: Cyprus Mail

Article Source: Cyprus Mail
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