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This page was last edited on 30 December 2024, at 10:02 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
In 2009, Aegean Airlines carried 6.6 million passengers [48] surpassing its then-rival Olympic Airlines (5.2 million passengers) [49] for the first time. Losses were incurred 2010–2012, amidst the economic crisis for Greek tourism and the economy in general; passengers carried fell to 6.1 million, although the load factor increased to 74.3% ...
In the airline industry, available seats are commonly referred to as inventory. The inventory of an airline is generally classified into service classes (e.g. economy, premium economy, business or first class) and any number of fare classes, to which different prices and booking conditions may apply. Fare classes are complicated and vary from ...
Booking codes are the identifiers used by the airline's revenue management department to control how many seats can be sold at a particular fare level. For example, a plane may have 25 economy seats still available and the airline may show it in a reservation system as Y7 K5 M4 T6 E3 which indicates how many of each booking class can be reserved.
In airline reservation systems, a record locator is an alphanumeric code used to identify and access a specific record on an airline’s reservation system. An airline’s reservation system automatically generates a unique record locator whenever a customer makes a reservation or booking, commonly known in the industry as an itinerary.
Moreover, these problems were further exacerbated by the closure of Olympic Airlines, which operated many long-haul flights to and from the airport. In 2013, the airport handled just above 12.5 million passengers, 3.2% fewer than in 2012 and lower by approximately 25% when compared to 2007's traffic, which was the all-time-high at that time.
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