Aegean Airlines (A3, Athens) Chief Executive Dimitris Gerogiannis said during the carrier's virtual annual general meeting that it is seeking "flexibility" on its future deliveries of A320neo Family aircraft, although it has not cancelled any orders.
"Aegean has already received five new A320-200N aircraft, while another two are expected in the coming months, including the first A321-200N. The company's investment program for the order of total 46 aircraft remains unchanged, though the airline is working on possible solutions towards achieving necessary adjustments and flexibility," the Greek airline said in a press release summing up the AGM.
According to the ch-aviation fleets module, Aegean Airlines had firm orders for 30 aircraft due directly from Airbus, including twenty A320neo and ten A321neo, as of June 30, 2020. The remainder of its narrowbody backlog consists of orders with lessors.
The first five A320neo delivered to Aegean Airlines since late December 2019 are all dry-leased - two each from Aviation Capital Group and ICBC Financial Leasing and one from SMBC Aviation Capital, the ch-aviation fleets ownership module shows.
Aegean Airlines said that its estimated loss during the second quarter of 2020 amounted to EUR26-28 million euros (USD30.5-33 million).
"Average load factor is gradually evolving at a positive pace throughout June, July and August, based on current estimates, but it is still expected to remain significantly below usual levels. However, their contribution will be positive in order to partly mitigate the losses compared to the previous months," the airline said.
