Aegean Airlines (A3, Athens) Executive Vice Chairman, Eftichios Vassilakis, has confirmed the Greek carrier is currently mulling over its options insofar as fleet renewal plans are concerned.

Aegean Airlines currently operates a mainline fleet of one A319-100, thirty-seven A320-200s, and eight A321-200s, the majority of whose leases will need to be replaced between 2019 and 2023.

As such, according to CAPA, Aegean Airlines is currently looking at the A320neo Family from Airbus alongside the B737 MAX from Boeing. A possible decision is due either late this year or early next.

The Star Alliance operator's Olympic Air (OA, Athens) unit operates a fleet of fourteen turboprops - two ATR42-600s, four Dash 8-100s, and eight Dash 8-400s - on flights throughout Greece. However, according to Vassilakis, owing to a decline in Olympic's revenue over the last three years, capacity cuts will now be enforced in order to ensure "consolidation and readjustment".