Aegean becomes majority shareholder of Animawings

Aegean has increased its stake in Romanian airline Animawings from 25% to 51%, effectively taking control over the airline as majority shareholder. The greek carrier will take care of the operational aspect of the airline, while the other shareholder, Memento Group, will focus on the commercial side of the business.

Animawings was founded in 2019 and launched operations in July 2020. Previous to its launch, in April 2020, Aegean acquired 25% of the airline and supplied the start-up with one A320 (YR-AGA, 3162). Next year, Animawings will add two additional A320s which will all be sourced from Aegean.

Photo by Animawings.