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A New Era of Growth for Aegean  

A New Era of Growth for Aegean  

A new era of growth has begun for Aegean Airlines, with the official reveal of its new livery and branding as well as the presentation of the first three new-generation Airbus A320neo, equipped with latest technology Pratt & Whitney engines.

During the official reveal ceremony with the attendance of the Greek Prime Minister Kyriakos Mitsotakis, stakeholders and employees, Eftychios Vassilakis, Chairman of Aegean, and Dimitris Gerogiannis, Chief Executive, stressed that Aegean’s long-lasting investment in Greece is a token of its faith in the country’s potential and prospects for development.

Having already expanded the initial order with 12 additional aircraft, Aegean is expected to receive by 2025 a total of a minimum 46 aircraft, A320neo and A321neo, with an option for 12 additional aircraft (up to 58 aircraft). This is the largest private investment in Greece, valued at US$2.5-3 billion at market prices ($6-6.5 billion at list prices). For the next six years, Aegean will invest more than $500 million per year for the expansion and modernisation of its fleet. Until July 2020, Aegean will receive a total of six new aircraft, reaching a fleet of 65 aircraft, adding 1.5 million seats (19 million seats in total for the year), and supporting the expansion of its network in 155 destinations and 44 countries in 2020.

Every new, additional aircraft will have a significant contribution in Greece’s economy, employment and tourism industry. Estimated at 100,000 new incoming tourists, €80 million direct tourism revenue, 70 new additional direct jobs in Aegean and ground operations, will have a positive impact  for the country.

During the event, Aegean presented its new livery and brand identity. Inspired by the Greek sky and seas, historical architecture and the design heritage of the country, the new brand identity, livery and cabin are here to shape a dynamic future for Aegean and enhance passenger experience.

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Michael Flood is the Editor of Ireland's leading travel industry publication, Irish Travel Trade News. With more than 35 years experience, he has accumulated an in-depth knowledge of the airline industry and the travel and tourism world.

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