Earnings release
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AEGEAN PRESS RELEASE Third quarter and nine - month 2021 trading update € 59 mil . headline pre - tax profit , 3,3 mil . passengers and doubling of revenues in the third quarter of 2021 compared with 2020 . First profitable quarter since the beginning of the pandemic . Nine - month headline pre - tax result remains loss making . Athens , November 24th , 2021 AEGEAN announces a trading update for the third quarter and nine - month period ending September 30 , 2021 . A STAR ALLIANCE MEMBER Following the introduction of EU Digital COVID Certificate and the easing of travel restrictions during the third quarter of 2021 , AEGEAN operated with increased capacity and managed to double its revenue and international passenger traffic compared with the third quarter of 2020 . The Group offered 4,6 mil . seats and carried 3,3 mil . passengers with domestic traffic reaching 1,5 mil . passengers and international traffic 1,8 mil . passengers . Load factor for the period stood at 70,3 % , higher than the third quarter of 2020 , which stood at 65,7 % , but significantly lower than pre - pandemic levels of 87,7 % in the corresponding period in 2019 . Consolidated revenues amounted to € 333,9 mil . , an increase of 115 % compared with the third quarter of 2020. Headline profit before taxes on a comparable basis amounted to € 58,8 mil . in the third quarter of 2021 from losses before taxes totalling € 36,9 mil . in the third quarter of 2020 . It is important to note that the third quarter of 2021 is the first profitable quarter since the start of the pandemic in which AEGEAN recorded headline profitability by offering 76 % of its capacity in ASK's compared with the third quarter of 2019. During this period the company operated with direct international flights from its bases in Athens , Thessaloniki , Heraklion , Rhodes , Chania , Corfu , Mykonos and Larnaca , supporting the gradual return to normality and Greece's tourism . In the nine - month period of 2021 , which included the effect of the second lockdown that restricted significantly activity for the first half of the year , consolidated revenue stood at € 486,8 mil . , 42 % higher than the respective period in 2020. The Group carried 5 mil . passengers up from 4,4 mil . passengers in the nine - month period of 2020 while headline losses before taxes stood at € 32,9 mil . from € 237,7 mil . losses before taxes in the respective period in 2020 . AEGEAN AIRLINES S.A. , General Commercial Reg .: 1797901000 , VAT NR : EL 094468339 HQ : 31 Viltanioti str . , 145 64 , Kifissia , Greece - T : +30 210 62 61 700 , F : + 30 210 62 61 900 aegeanair.com