Aegean Airlines reported a net profit of E80.9m (US$94m) for the first 9 months of 2018, up 13% from a E71.7m net profit in the year-ago period. Consolidated revenue was up 5% year-over-year to E939.3m. Pre-tax earnings rose 14% YOY to E115.8m. Aegean Airlines CE Dimitris Gerogiannis said the airline further improved profitability in the summer season through developing its Athens hub, as well as adding new products and services for passengers. “Our result was achieved despite the presence of new competitors with significant additional capacity in both domestic and international network as well as the effect of rising oil prices. We have followed a prudent and focused capacity development strategy for a second consecutive year.” <br/>