ARC NEWS
​Aegean shakes off regional conflict helped by weaker dollar
September 17, 2025
Greece's Aegean Airlines has reported strong financial results for the first half of 2025, overcoming geopolitical headwinds and intensifying competition from rival carriers that have recently expanded in the Greek market. EBITDAR rose by 6% to €156 million ($185 million) compared to 2024's first half, on revenue up 5% to €787 million. Net profit after tax more than doubled to €47.9 million, supported in part by a more favourable euro/dollar exchange rate that helped reduce operating costs and the value of future aircraft leases. Passenger traffic grew by 4%, with domestic growth outpacing international performance. The airline cited a "significant impact" from the suspension of flights to Israel, Lebanon and Jordan during May and June due to regional instability. Despite these challenges, demand for travel to and from Greece "remains strong", says chief executive Dimitris Gerogiannis, with bookings gradually strengthening even during traditionally quieter winter months. Operational improvements also contributed, including more effective network management and increased capacity through the continued deployment of A321neo aircraft. Gerogiannis describes the rollout of the type as being one of the "key factors in strengthening our competitiveness", with 26 A321neos expected to arrive over the next few years. These will, the carrier adds, enable longer-range operations to "more distant markets and destinations", starting with India early next year. Aegean has also previously identified the Seychelles, the Maldives, Nairobi, Almaty and Lagos as potential destinations. This year, the carrier is set to receive six new aircraft, with three A320/321neos already delivered, plus two more A320/321neos and one ATR 72-600 expected before year-end. Over the next 24-28 months, it also expects the cycle of accelerated inspections of its Pratt & Whitney GTF engines to end, gradually returning all the new aircraft it has received to full operational capacity. Fleets data lists it as having 12 A320neo aircraft in storage. Returning to its full fleet should positively impact its unit costs and growth potential, Aegean notes. "Our approach remains careful and consistent," Georgianna's adds, "preserving both the momentum and creativity of our organisation, while ensuring stability and delivering value to our shareholders, employees, and, of course, our passengers."


Qantas and Malaysia Airlines enter mutual codeshare pact
September 17, 2025
Qantas and Malaysia Airlines have announced a new two-way codeshare deal that will increase passenger connectivity between Australia, Malaysia and Singapore. Under the deal Qantas will apply its code on Malaysia Airlines services from Australia to Kuala Lumpur, between Singapore and Kuala Lumpur, and on selected domestic flights within Malaysia. The Australian carrier adds that the Kuala Lumpur-Singapore codeshare restored "connectivity between the cities for Qantas customers following the closure of Jetstar Asia". In turn, Malaysia Airlines will add its code on some Qantas domestic services to destinations including Canberra, Darwin, Hobart and Launceston. The codeshare is expected to commence from 26 October, subject to regulatory approvals. Malaysia Aviation Group managing director Izham Ismail says that the partnership is an important step forward in the development of its Australian market. “Australia has long been a core part of our network, and our recent investments – including the deployment of the A330neo, increase in flight frequencies, and the resumption of services to Brisbane – reflect our commitment to meeting growing demand while enhancing our premium offering in this market," he says. Both Qantas and Malaysia Airlines are Oneworld alliance members.


​KLM expanding capacity 6% this winter
September 16, 2025
KLM will serve161 destinations this winter season and increase overall seat capacity 6% through increases on routes to India (+28%) and the Caribbean (+17%). The expanded network comprises 92 European and 69 intercontinental destinations, offering travellers around 25,000 different connection options via Amsterdam Schiphol. Two new destinations are being added: Kittila in Finnish Lapland, which will be served weekly; and Barbados, which rejoins the network and, combined with Georgetown in Guyana, will be served with three weekly flights. Several destinations introduced during the summer will now be available for the first time in winter. In Europe, this includes Exeter in the UK and Slovenian capital Ljubljana, both served daily from Amsterdam. Intercontinental additions include Hyderabad and the Barbados-Georgetown route. From late February, KLM will also begin direct flights to San Diego, operating three times per week. KLM is boosting frequencies to several high-demand destinations, including Delhi, Panama City, Bangkok, Curacao, Cape Town, Boston, Miami, Portland, San Francisco, Bengaluru, Aruba/Bonaire, Sao Paulo, Lima and San Jose. In Europe, KLM will extend its Ibiza service into November-December, with a brief pause before resuming in February and March. Additional flights will also be offered to southern European cities such as Naples and Athens, and to Bordeaux, Gothenburg, Poznan, Cork, Leeds and Vienna. KLM expects to take delivery of its 15th and final Boeing 787-10 this winter, alongside three new Airbus A321neos.


LOG ON

CONTACT
SGS Aviation Compliance
ARC Administrator
SGS South Africa (Pty) Ltd
54 Maxwell Drive
Woodmead North Office Park
Woodmead
2191
South Africa

Office:   +27 11 100 9100
Direct:   +27 11 100 9108
Email Us

OFFICE DIRECTORY
Find SGS offices and labs around the world.
The ARC is a mobile friendly website.