Archive for the 'General Airline News' Category

Olympic Air Signs A Cooperation Agreement With Cyprus Airways

Wednesday, March 23rd, 2011

Capital.gr Olympic Air announced on Tuesday that it signed a wide range cooperation agreement with Cyprus Airways, which focuses on the strengthening of the presence of the two airlines in the wider region of Southeastern Europe. The agreement which was signed in Nicosia by Mr. Yiannis Karakadas, Olympic Air’s Executive Chairman, and Mr. George Mavrokostas […]

New Paris Route Launched by Aegean

Thursday, March 17th, 2011

Just The Flight Greek airline Aegean has revealed that they are to take over slots from airline Olympic Air and offer travellers a number of new flights to Paris and Heathrow. Having previously revealed that four London based slots had been bought, Aegean Airlines said that they were to add new services and increase current […]

Aegean Airlines falls into loss for financial 2010

Tuesday, March 15th, 2011

Breaking Travel News Aegean Airlines made a net loss of €23.3 million in financial 2010 as the carrier was hit by the Greek debt crisis. The largest carrier in the country also saw revenue fall five per cent to €591 million. “Weak domestic demand conditions, the subsequent significant reduction in average fare and the rise […]

DeltaTaxes

Sunday, March 13th, 2011

I’m looking at flights from London to RDU and I get this quote from Delta.. Price per passenger: £216.00 (GBP) Taxes/Fees: £264.16 (GBP) Subtotal per Passenger: £480.16 (GBP) Total for all passengers (1): £480.16 (GBP Notice that the taxes are higher than the fare! hmmm… a 100+% tax…. Moral of the Story: Don’t rely on […]

Larnaka-London Route Established by Aegean Airlines

Saturday, March 12th, 2011

Greek Reporter An opening to the Cypriot market has been assumed by Aegean Airlines, using the runway in Heathrow acquired by Olympic Air, for immediate flights for the route between Larnaka-London. Aegean is attempting to get a portion of the air flights between Cyprus and Britain. Until now, it has been ruled by British Airways […]

Olympic Air adds new routes from Greece to Serbia, Albania, Romania, Turkey, Cyprus and Bulgaria

Sunday, March 6th, 2011

Bulkan Business News Michael Roberts – 04.03.2011 In a recent release, Olympic Air’s new Board of Directors, decided to reshape the company’s planning, focusing on strategic development. The target for Olympic Air is to become a leader in Southeast Europe by exploiting the competitive advantage of its high quality services. EU’s Competition Commission recent decision […]

Olympic Air to pull out of London

Saturday, March 5th, 2011

Posted Friday, 4 March, 2011 – 11:16 by Sara Turner Greek carrier Olympic Air will drop its flights to London Heathrow and London Gatwick from March 27. The airline will also stop flying to Brussels, Paris and Vienna, instead focusing on expansion of its network in south-east Europe. The move follows the EU Competition Commission’s […]