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Aegean Airlines forges deals with international carriers

Greek private regional carrier Aegean<.> Airlines announces that it has forged its first commercial agreements with a number of foreign airlines.
The carrier says that KLM, Alitalia, Northwest Airlines, Singapore Airlines, Middle East Airlines and Maersk Air have agreed to use Aegean to carry their passengers from Athens and Thessaloniki to all other Greek destinations.
Aegean launched domestic flights after accepting delivery of its first two new Avro RJ-100 passenger jets. The 100-seat four-engine jets come with one-third of its seats in business-class configuration so as to provide total up-market service on Greece`s domestic routes.
Another two sister aircraft are on order for a total investment of $100 million in brand new aircraft. Third and fourth new jets will delivered in September and January. A fifth is expected in March. Immediate schedules include daily flights to Thessaloniki, three daily flights to Heraklion, two daily flights to Rhodes and one daily flight to Chania.
The company plans 168 weekly departures and intends to carry 64,000 passengers per month.
Aegean, a subsidiary of the Vassilaki Group, was founded in 1988 and in 1992 received the first permit issued to a private Greek airline by the Civil Aviation Authority, and the only Greek company with its own jets.
Until now, its services centered on air taxi service and business charter flights.
To gather the required capital to change the airline from a small executive charter flight company to a full-fledged scheduled carrier, Aegean welcomed three new private investors into the company and worked with a venture company to increase its share capital by some 7.0 billion drachmas.

Greek private regional carrier Aegean<.> Airlines announces that it has forged its first commercial agreements with a number of foreign airlines.

The carrier says that KLM, Alitalia, Northwest Airlines, Singapore Airlines, Middle East Airlines and Maersk Air have agreed to use Aegean to carry their passengers from Athens and Thessaloniki to all other Greek destinations.

Aegean launched domestic flights after accepting delivery of its first two new Avro RJ-100 passenger jets. The 100-seat four-engine jets come with one-third of its seats in business-class configuration so as to provide total up-market service on Greece`s domestic routes.

Another two sister aircraft are on order for a total investment of $100 million in brand new aircraft. Third and fourth new jets will delivered in September and January. A fifth is expected in March. Immediate schedules include daily flights to Thessaloniki, three daily flights to Heraklion, two daily flights to Rhodes and one daily flight to Chania.

The company plans 168 weekly departures and intends to carry 64,000 passengers per month.

Aegean, a subsidiary of the Vassilaki Group, was founded in 1988 and in 1992 received the first permit issued to a private Greek airline by the Civil Aviation Authority, and the only Greek company with its own jets.

Until now, its services centered on air taxi service and business charter flights.

To gather the required capital to change the airline from a small executive charter flight company to a full-fledged scheduled carrier, Aegean welcomed three new private investors into the company and worked with a venture company to increase its share capital by some 7.0 billion drachmas.

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