AEGNFinancial Services · Airlines · ΧΑ
Aegean Airlines
€11.20
-0.21(-1.84%)
Close 23/09/2026 · end-of-day price, not real-time
Aegean Airlines (AEGN) closed at €11.20 on 23/09/2026, -1.84% on the day. Market cap €992.2m, P/E 10.22, dividend yield 8.06%.
My viewPrivate · MENTOR takes it into account
23/09/2026O 11.41H 11.60L 11.15C 11.20-0.21 -1.84%Vol 68k
The company
AI-draftedAegean Airlines is a Greek scheduled network airline listed in Athens. It flew 17.3 million passengers in 2025 with a fleet of 88 aircraft, mostly on international routes, and owns Olympic Air. Almost all revenue is passenger tickets and related services. A Star Alliance member since 2010, it is controlled by the Vassilakis family.
How it makes moneyFY2025 · basis: revenue
It is
It is not
- Not an insurer or a financial company: Euronext Athens classifies it under Travel and Leisure / Airlines, and insurance intermediation was added in April 2026 only as an ancillary activity.4,6
- Not the old state-owned Olympic Airways: Olympic Air is a wholly owned subsidiary bought in 2013, and the Greek State holds no shares.1
- Not an outright fleet owner: IFRS 16 lease liabilities of €971.1m exceed borrowings of €664.2m.2
Recent developmentsAll company events →
- May 2026Q1 2026 net loss widened to €21.7m on Middle East flight suspensions and a jet-fuel spike.3
- Apr 2026The AGM approved a dividend of €0.90 per share, €81.2m in total.4
- Mar 2026Repaid the €200m 2019 bond loan in full, paying €200.3m including interest.2
- Jan 2026Olympic Air acquired 45% of APELLA, an EASA Part-145 aircraft maintenance company.7
- Jul 2025Issued a €250m seven-year common bond loan at a 3.70% yield.1
- Jul 2025Ordered two Airbus A321neo XLRs, taking the neo order to 60 aircraft and opening routes to India.8
Key figures
Key facts
- One operating segment — the route network; no customer above 10% of revenue is disclosed.1
- Cash and financial assets of €955.1m at 31 December 2025 against €664.2m of borrowings.2
- Airbus neo order of 60 aircraft, of which 38 had been delivered by the end of 2025.1,8
- Flights to Israel, Lebanon and Iraq were suspended from 28 February 2026 — markets worth 4% to 5% of activity.1
- Dividend of €0.90 per share for fiscal 2025, paid on 5 May 2026.5
Sources
- 1.AEGEAN Annual Report 2025Aegean Airlines S.A. · 12/03/2026official
- 2.Fourth Quarter and Full Year 2025 ResultsAegean Airlines S.A. · 12/03/2026official
- 3.First Quarter 2026 Trading UpdateAegean Airlines S.A. · 19/05/2026official
- 4.Decisions of the Ordinary Shareholders General MeetingAegean Airlines S.A. · 22/04/2026official
- 5.Dividend payment for fiscal year 2025Aegean Airlines S.A. · 23/04/2026official
- 6.AEGEAN AIRLINES S.A. issuer profileEuronext Athens · 10/09/2026official
- 7.AEGEAN announces investment of a 45% stake in APELLAAegean Airlines S.A. · 29/01/2026official
- 8.AEGEAN invests in two new Airbus A321neo XLR aircraftAegean Airlines S.A. · 16/07/2025official
AI-drafted from the cited sources · 10/09/2026 · v1 · ✓ checked by an independent second modelAegean Airlines S.A.Website ↗
Valuation
MetricAEGNMedian of 5 peers
P/E10.220.1
P/E (forward)7.421.2
P/B1.65.0
P/S0.511.9
EV/EBITDA6.713.4
Dividend yield8.1%1.1%
Payout ratio83.7%23.4%
Gross margin9.0%47.1%
Operating margin8.4%11.2%
Net margin5.0%4.1%
ROE20.1%15.4%
Revenue growth (quarter, y/y)3.8%7.9%
Net debt€676.4m€1.1bn
Twelve Data · latest quarter 31/12/2025
Same sector: Industrials
Mkt capEV/EBITDADay
CenergyCENER13.4+0.7%Gek TernaGEKTERNA18.1-1.2%ViohalcoVIO6.7-0.2%Athens International AirportAIA11.7-0.7%AKTOR GroupAKTR22.0-1.0%Aegean AirlinesAEGN6.7-1.8%
Second measure: P/E: CENER 20.1 · GEKTERNA 27.8 · VIO 12.3 · AIA 19.2 · AKTR 112.0 · AEGN 10.2
Data: Twelve Data · End-of-day prices · Nothing here is investment advice.