Aegean Aviation buys Air Greece

Greek Avro RJ100 operator Aegean Aviation has bought competitor Air Greece. The buyout is part of a larger deal between Aegean’s owner, the Vasillakis Group, and Air Greece’s owner, shipping company Minoan Lines, which will also see a capital injection in Aegean Aviation. Air Greece operates Fokker 100s and ATR72s, so some fleet rationalization can be expected. Aegean recently took delivery of its third Avro RJ100, SX-DVC Ellin (msn E3358), and is expecting a fourth in December.

Recent news items on Aegean Airlines:

Leave a comment

Your email address will not be published. Required fields are marked *