Loading

Greece leads Europe's airline recovery as LCCs take share from Aegean group

Premium Analysis

Greece's capacity recovery from the COVID-19 crisis has outpaced the recovery in Europe as a whole.

In the week of 13-Jun-2022, Greece has 112% of its 2019 capacity levels, compared with a European average of 86%. Greece is at a higher percentage than any other top 10 European country by seats.

However, the leading Greek operator – Aegean Airlines Group – has taken a slightly more cautious approach, reaching 95%.

The number two operator, Ryanair Group, is at 131% in Greece, and low cost airlines are at 148% in aggregate.

Aegean's fleet plan indicates a 2026 fleet at the same size as in 2021.

Meanwhile, LCCs are likely to continue to grow and to take seat share away from Aegean.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,367 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.