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Aegean Airlines SA

Common Name
Aegean Airlines
Country
Greece
Sector
Financial Services
Industry
Insurance - Diversified
Employees
3,274
Ticker
AEGN
Exchange
ATHENS EXCHANGE S.A. CASH MARKET
Description
Aegean Airlines S.A. is a prominent airline company based in Greece, known for operating an extensive network of flights across Europe and the Middle East. As Greece's largest airline, Aegean Airlines...

Aegean Airlines's GHG Emissions Data Preview

In 2024, Aegean Airlines completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Aegean Airlines has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
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a
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0000000
Location-Based
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a
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a
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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0000000
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Verified Sources Behind Aegean Airlines’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Aegean Airlines’s data sources below and access millions more through our Disclosure Search.

a. Aegean Airlines's Annual Report 2024
a. Aegean Airlines's Annual Report 2024

Insights into Aegean Airlines's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofAegean Airlines amounted to1,417,366metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Aegean Airlinesincreased by 5.48%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Aegean Airlines's Scope 1 Emissions Over Time

202320240400 k800 k1.2 M1.6 MtCO2e+5%
  • Total Scope 1
  • Year-over-Year Change

What are Aegean Airlines's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Aegean Airlines were 1,412,799 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Aegean Airlines's Scope 1 emissions increased by 5.33%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Aegean Airlines's Scope 2 emissions?

In 2024, Aegean Airlines reported Scope 2 greenhouse gas (GHG) emissions of 3,345 tCOâ‚‚e using the market-based method and 4,567 tCOâ‚‚e using the location-based method.a

Has Aegean Airlines reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Aegean Airlines's Scope 2 emissions(Location-Based) rose by 83.27% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Aegean Airlines use for Scope 2 reporting?

In 2024, Aegean Airlines reported its Scope 2 emissions using the market-based method and using the location-based method.a

Aegean Airlines's Scope 2 Emissions Over Time

2023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Aegean Airlines’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Aegean Airlines reported Scope 1 greenhouse gas (GHG) emissions of 1,412,799 tCOâ‚‚e and total revenues of USD 1,849 millions. This translates into an emissions intensity of 763.88 tCOâ‚‚e per millions USD.a

Aegean Airlines's Scope 1 Emissions Intensity Compared to Peers

0.02220050,0005,000,000Scope 1 Emissions (tCO2e)2001,00010,00050,000200,000Revenues (Millions of USD)ASBB Seguridade ParticipacoesYear: 2023Scope 1: 209 tCO2eRevenue: $M 1,045Scope 1 Intensity: 0.20 tCO2e/$MAAAnadolu Anonim Turk Sigorta StiYear: 2024Scope 1: 637 tCO2eRevenue: $M 1,713Scope 1 Intensity: 0.37 tCO2e/$MGrupo Catalana OccidenteYear: 2024Scope 1: 19,054 tCO2eRevenue: $M 2,587Scope 1 Intensity: 7.36 tCO2e/$MMapfreYear: 2024Scope 1: 10,192 tCO2eRevenue: $M 26,885Scope 1 Intensity: 0.38 tCO2e/$MAgeasYear: 2024Scope 1: 16,238 tCO2eRevenue: $M 8,824Scope 1 Intensity: 1.84 tCO2e/$MUnipol AssicurazioniYear: 2024Scope 1: 9,062 tCO2eRevenue: $M 12,128Scope 1 Intensity: 0.75 tCO2e/$MVaudoise Assurances HoldingYear: 2023Scope 1: 527 tCO2eRevenue: $M 1,784Scope 1 Intensity: 0.30 tCO2e/$MVienna Insurance GroupYear: 2024Scope 1: 18,538 tCO2eRevenue: $M 13,454Scope 1 Intensity: 1.38 tCO2e/$MHelvetia Baloise HoldingYear: 2024Scope 1: 8,631 tCO2eRevenue: $M 12,396Scope 1 Intensity: 0.70 tCO2e/$MStar HealthYear: 2025Scope 1: 0 tCO2eRevenue: $M 2,000Scope 1 Intensity: 0.00 tCO2e/$MAvivaYear: 2024Scope 1: 7,437 tCO2eRevenue: $M 39,855Scope 1 Intensity: 0.19 tCO2e/$MSSSagaYear: 2024Scope 1: 109,647 tCO2eRevenue: $M 731Scope 1 Intensity: 150.02 tCO2e/$MAegonYear: 2024Scope 1: 1,480 tCO2eRevenue: $M 20,302Scope 1 Intensity: 0.07 tCO2e/$MTalanxYear: 2024Scope 1: 13,090 tCO2eRevenue: $M 26,617Scope 1 Intensity: 0.49 tCO2e/$MPhoenix FinancialYear: 2024Scope 1: 3,783 tCO2eRevenue: $M 8,260Scope 1 Intensity: 0.46 tCO2e/$MSinar Mas MultiarthaYear: 2024Scope 1: 9,024 tCO2eRevenue: $M 1,621Scope 1 Intensity: 5.57 tCO2e/$MTrygYear: 2024Scope 1: 1,120 tCO2eRevenue: $M 5,611Scope 1 Intensity: 0.20 tCO2e/$MAXAYear: 2024Scope 1: 21,054 tCO2eRevenue: $M 93,490Scope 1 Intensity: 0.23 tCO2e/$MALM. Brand A/SYear: 2024Scope 1: 599 tCO2eRevenue: $M 1,970Scope 1 Intensity: 0.30 tCO2e/$MSun Life FinancialYear: 2024Scope 1: 45,601 tCO2eRevenue: $M 19,936Scope 1 Intensity: 2.29 tCO2e/$MArch Capital GroupYear: 2024Scope 1: 2,252 tCO2eRevenue: $M 16,932Scope 1 Intensity: 0.13 tCO2e/$MICICI LombardYear: 2025Scope 1: 1,425 tCO2eRevenue: $M 2,915Scope 1 Intensity: 0.49 tCO2e/$MAmerican International GroupYear: 2024Scope 1: 8,258 tCO2eRevenue: $M 27,272Scope 1 Intensity: 0.30 tCO2e/$MAegean AirlinesYear: 2024Scope 1: 1,412,799 tCO2eRevenue: $M 1,849Scope 1 Intensity: 763.88 tCO2e/$M

How does Aegean Airlines's GHG emissions intensity compare to its peers?

In 2024, Aegean Airlines reported a Scope 1 emissions intensity of 763.88 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.38, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Aegean Airlines rank on GHG emissions intensity within its industry?

In 2024, Aegean Airlines ranked 24 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Aegean Airlines among the least efficient performers, with one of the highest emissions intensities in its sector.a

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