Airport
Booming Greek tourism lifts Aegean Airlines to another strong profit
9 days ago | By Travel and Tourworld
Greece's Aegean Airlines, riding a strong wave of inbound tourism, reported its third straight profitable quarter this week.
For the three months ending in December, Aegean earned a 2 percent operating margin, a full point better than what it earned in the same quarter of 2019.
Greece is a highly seasonal airline market, and one typically defined by very strong profits in the summer but losses during the winter.
Any fourth quarter profit is thus considered a victory.
In Aegean's case, its Q4 strength follows an extremely strong summer quarter, in which operating margin reached 29 percent...
Read more ...
Search by Tags
Airport Turkey Resorts Tourism Greece Winter Resort Airlines Airports AIRLINE NEWS AIRLINE NEWS HOME Aegean Airlines Inbound tourism International bookingsThe Fed's economic outlook is 'absurd' and there's no way to lower inflation...
Jeremy Siegel. Scott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images The Fed's economic outlook is "absurd," according to Jeremy Siegel. The famed Wharton professor... Read more ...
'Big Short' investor Michael Burry says Jerome Powell should butt out and...
Michael Burry. Jim Spellman/Getty Images Michael Burry wants Fed Chair Jerome Powell to stop commenting and interfering. The "Big Short" investor said that could allow markets... Read more ...
Russian forces have a new focus, and the target city already looks like a...
A military vehicle drives through an area destroyed after a strike, in the city of Avdiivka, Donetsk Oblast, on March 18, 2023. ARIS MESSINIS/AFP via Getty Images Russian... Read more ...
Investors have poured $286 billion into money market funds this month as the...
TIMOTHY A. CLARY / Getty Over $286 billion has made its way into money market funds in March, The FT reported. "We are seeing shifts into money market funds by every segment of... Read more ...
Car companies and dealers are so desperate to demystify electric cars that...
The easiest way to get consumers up to speed on EVs might just be to let them drive one themselves. Julian Stratenschulte/picture alliance via Getty Images The next wave of EV... Read more ...
Five Essential Activities For First-Time Visitors To Jakarta
As you plan your first visit to this storied city, don't miss out on these incredible Indonesian experiences. Read more ...
Rivian Is Relocating Engineers in Hopes of Boosting Production
Rivian wants to consolidate its engineering talent under two roofs, a Tesla factory worker subject to racial harassment is taking the electric car maker to court again for a... Read more ...
Mylio: An Amazing Photo Tool for Travelers
Posted : 3/27/2023 | March 27th, 2023 I'm bad at taking photos. That's not to say the pictures I take are bad. Rather, I always forget to take photos for this blog whenever I'm... Read more ...
Earth Day Is Almost Here-Go Green With These Cool Products
Many companies are now doing their part and are offering products that use sustainable manufacturing processes, organic ingredients and recycled packaging. Read more ...
The Coolest Cars Quentin Tarantino Has Featured in His Movies
Quentin Tarantino just revealed the name of his tenth and final film: The Movie Critic. Right now, details are scarce, but as a white man in my mid-20s who likes movies... Read more ...