Aegean Airlines Ord (AGZNF) Q2 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for standing by. I am Maria, your chorus call operator. Welcome and thank you for joining VHEN Airlines conference call to present and discuss the first half 2023 financial results. All participants will be in a listen-only mode and the conference is being recorded. The presentation will be followed by a question and answer session. Should anyone need assistance during the conference call, you may signal an operator by pressing star and zero on your telephone. At this time, I would like to turn the conference over to Mr. Eftikios Vasilakis, Chairman. Mr. Vasilakis, you may now proceed. Thank you. Good afternoon, everybody, and welcome to our first semester and second quarter call for 23. On the first day that we have here in attendance being me, our CEO, Mr. Georgiannis, our CFO, Mr. Koudeliotis, our treasurer and board member, Mr. Timaraki, and Ante Kataliani, our investor relations responsible. So we all welcome you to our call and we're all here for your questions. Let me start by saying that we think we've published an excellent set of results in more ways than one. Certainly in terms of the degree of recovery, we used to say versus pre-COVID, but now we should say degree of expansion. because we've gone beyond recovery, I think. In terms of revenue quality, certainly also excellent. In terms of managing our costs per unit, we've been in a highly inflationary environment, both interest rates and costs going up broadly speaking. Of course, if all these things work, then you end up having a bottom line that's very strong, exceptionally strong, as we have during this quarter, second quarter, and the whole third semester. And, of course, last but not least, an exceptionally strong also set of cash flows, which contribute to having made...