European Regions Airline Association

New low-cost flights between Sofia and Germany are launched by the German low-cost airline Eurowings. The carrier's airplanes start flights between the Bulgarian capital Sofia and the German cities Stuttgart and Dusseldorf from October 31st. The flights will be twice a week. The planes to Stuttgart will fly Tuesday and Sunday, and to Dusseldorf on Thursday and Saturday.

Greek airline Sky Express said on Tuesday it had signed an agreement with Air France KLM to cooperate on flights connecting Paris and Amsterdam with the Greek islands.

Tourism accounts for about a quarter of economic output in Greece, which saw a record number of about 33 million visitors last year.

A new sea link between Greece's Lavrio and Turkey's Cesme ports will be launched in June in what is expected to boost trade between the two Aegean neighbors by circumventing long overland travel for large trucks, state-run Athens-Macedonian news agency reports. The line will also serve tourists wishing to travel between the two countries.

Greece's largest carrier Aegean Airlines raised 200 million euros ($224.20 million) from a bond offering that ended on Thursday and was oversubscribed, underwriters said.

Greece's largest carrier Aegean Airlines will proceed with a sale of bonds on March 5-7 to raise up to 200 million euros ($226.86 million) for down payments on new Airbus aircraft and the construction of a new pilot training centre.

State sell-off fund TAIPED is calling a tender for the commissioning of technical and legal consultants for the concession of the marinas on Myconos (pictured) and Rhodes, aiming to start the utilization process within this summer.

Everyone needs to avoid provocations in the Aegean, Mediterranean and Cyprus "or else the price will be heavy," the Turkish defense minister said on Dec. 22.

Greece's largest carrier Aegean Airlines (AGNr.AT) said on Tuesday nine-month net earnings grew 13 percent to 80.9 million euros ($91.47 million) on improved load factors and higher sales.

The two victims of a plane crash on Nov. 19 have been found in Turkey's Aegean region, according to officials.

This file photo shows a Turkish rescue operation in July during which 34 migrants stranded on the Aegean Island of Boğaz were saved.