ATHENS — Greece’s national carrier Olympic Airlines which was bought by Greek and United Arab Emirates investment group Marfin announced Saturday that starting Tuesday most of its flights will be operated by its successor Olympic Air. The new airline was originally set to start operations on Thursday “but for reasons related to adapting and transferring […]
ATHENS, Aug 26 (Reuters) – Greek carrier Aegean Airlines (AGNr.AT) said on Wednesday it took part in the Greek government’s tender of state-subsidised routes, seeking to service 17 mainly island destinations. Aegean, which competes with recently privatised Olympic Air, said it offered to service the routes with AVRO RJ 100 112-seat jets and ATR 72 […]
MIG wants to give Olympic Air the youngest aircraft fleet in SE Europe. The first Q400 turboprop in the new company΄s colors has been delivered while 8 more new planes of the same type of total value of 224 mil. euro are to be delivered until the October 1st. These planes will be used for […]
Associated Press | Fri, 07/10/2009 9:11 PM | World European airlines said Friday that passenger numbers fell 8.3 percent in May, the worst drop since the economic downturn curtailed business and tourist travel. Airlines have cut back flights as demand slumps, but not quickly enough to avoid financial loss, the Association of European Airlines said. […]
Associated Press, 07.07.09, 04:50 AM EDT BRUSSELS — The EU’s Court of Justice has imposed new fines against the Greek government for ignoring a 2005 ruling to take back millions of euros (dollars) worth of subsidies it gave to Olympic Airways. The Luxembourg-based court imposed a euro2 million ($2.8 million) fine and a daily euro16,000 […]
London, UK – Also delayed the delivery of Airbus A-380s (WAPA) – British Airways announced a 20% cost-cutting plan for this year, to face economic difficulties caused by the international air transport crisis. Among them there is also the delay of the delivery of 12 Airbus A-380s ordered by the carrier. The airline announced that […]
PR Inside ATHENS, Greece (AP) – Greek air traffic controllers say they will go on strike Thursday, disrupting dozens of flights. Greece’s Olympic Airlines said Wednesday it is expecting to cancel more than 30 flights because of the 4-hour strike, which starts at 8 a.m. (0500 GMT, 1 a.m. EDT). Aegean Airlines is canceling 20 […]