Star Alliance

Aegean Airlines reports growth in passenger traffic in Q1

Greece's largest carrier Aegean Airlines said on Wednesday passenger traffic grew 5 percent in the first quarter, with load factors improving to historically high levels for the winter season.

The company, a member of the Star Alliance airline group, said it flew a total of 2.1 million passengers on domestic and foreign routes, together with its subsidiary Olympic Air.

Greece's Aegean Air 2016 profit drops, trims dividend

Aegean Airlines' full-year 2016 net profit fell 53 percent, hurt by a weak second quarter and an increase in value-added tax, Greece's largest carrier said on Thursday.

Aegean reported net earnings of 32.2 million euros ($34.76 million) last year versus a net profit of 68.4 million in 2015. Sales grew 4 percent to 1.02 billion euros.

Turkish Airlines to launch direct flights to Miami

Turkish Airlines (THY), Turkey's national flag-carrier, will begin direct flights to Miami on Oct. 25, the company announced on May 13.

The move makes Miami the company's 12th destination in the Americas, on top of existing services to Buenos Aires, Sao Paulo, Toronto, Chicago, Houston, Los Angeles, New York, Washington, Boston, Montreal and San Francisco.

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