AEGEAN reports Nine-Month 2012 revenue of €511.3m, 5% lower compared to thesame period last year.Passengers carried totaled 4.9m, a 6% reduction compared to 2011, with load factorimproving from 69.2% to 73.9%, however with lower average fares in the domesticmarket for a fourth consecutive year.International traffic was marginally lower at 2.8m passengers (-1%), while domesticdemand weakness continued with traffic declining by 13% to 2.07m. The reduction ininternational traffic stems exclusively from Athens, where Aegean registered a 7%decline as part of an overall market 13% decline. On the other hand, Aegean’sinternational traffic from its 5 other bases in regional/island airports increased by10%, outperforming the overall rate of tourist arrivals in the country.Net result after taxes deteriorated to a loss of €8.7m compared to losses of €2.72m in2011. High oil prices as well as US dollar strength against the euro were the maincost factors weighing on results, in addition to continuous weakness in domesticdemand.The Company’s cash position stood at €181m at the end of September 2012.Klicka för att utvidga...
