HSBC issued a “purchase” recommendation with a target price of 5.95 euros (from 5.99 euros previously) for the share of Aegean Airlines, noting that the gradual recovery of demand for the travel and tourism sectors, under the partial Lifting travel restrictions cultivates strong expectations for this summer.
The company, moreover, is well placed in the market, while it also has strong liquidity which after 180 million euros from the capital increase (60 million euros) and state support (120 million euros), amounts to about 600 million euros. , at a time when cash flows have become positive and the commitment of capital expenditures amounts to 160 million euros for the next two years.
Latest News
PM Mitsotakis Nominates Tasoulas as Next President of Greece
PM Mitsotakis proposes Kostas Tasoulas, current Parliament President, as Greece’s next President.
RES: Large Companies Buying PPAs in Greece
Power Purchase Agreements (PPAs) are long-term contracts between renewable energy producers and large corporations seeking to secure electricity at stable prices in a sustainable manner.
School Closures, Ships Docked Amid Bad Weather in Greece
Severe weather in Greece causes school closures and sailing bans. Strong winds, snowfall, and icy conditions disrupt daily life and travel on Tuesday.
Greece to Proceed with Issuance of 10-Year Bond
Regarding Greece's public debt the Agency forecasts that it will continue its downward trend, recording a total reduction of around 56%.
Labor Shortage in Greece: Vacant Job Positions Costing the Economy Millions
Data show that specific sectors are facing particular challenges in filling job positions, with the primary sector struggling to find working hands.
e-EFKA: “Thaleia” Answers Policyholders’ Questions
It is a service provided by the organization, aimed at enhancing the experience for individuals with special needs.
PM Mitsotakis Outlines 2025 Goals for Growth and National Interests
"The government’s work will remain intense and multifaceted, so that day by day, something changes and the lives of all citizens become better," the prime minister stated
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens