Aegean announces higher turnover and lower after-tax profits in Greece for 2016

Aegean Airlines on Thursday announced consolidated turnover exceeding one billion euros in 2016, a first for the Greece-based carrier, and a 4-percent increase from 2015.

Nevertheless, after-tax profits dropped 53 percent to reach 32.2 million euros, with EBITDA at 76.8 million euros

Passenger volume increased by 7 percent, reaching 12.5 million passengers for the year.

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