Greece Lightning: The Aegean Airlines Success Story
Greece Lightning: The Aegean Airlines Success Story
Skift Take
Aegean Airlines has painful memories. In the early 2010s, Greece was in the throes of a great depression, a crisis that nearly forced it out of the euro-zone. The airline, sure enough, suffered three straight years of losses from 2010 to 2012, aggravated by a surge in fuel prices. This week we discover how Aegean not only survived, but thrived under intense macroeconomic pressure.
Issue Overview
Aegean Airlines has painful memories. In the early 2010s, Greece was in the throes of a great depression, a crisis that nearly forced it out of the euro-zone. The airline, sure enough, suffered three straight years of losses from 2010 to 2012, aggravated by a surge in fuel prices. This week we discover how Aegean not only survived, but thrived under intense macroeconomic pressure.
