Aegean to speed up retirement of older jets as it passes peak of A320neo groundings

Aegean Airlines is adjusting its strategy, prioritizing cautious capacity growth due to geopolitical concerns and escalating fuel costs. The airline has concluded the period of significant disruptions related to Pratt & Whitney GTF engines affecting its Airbus A320neo family aircraft. Consequently, Aegean will accelerate the retirement of older jets within its fleet. This shift in operational focus aims to mitigate future risks associated with engine issues and fluctuating market conditions. The carrier’s decision reflects a proactive approach to financial stability and network resilience amid current uncertainties.