Archive for the 'General Airline News' Category

Greece begins search for Olympic Air investors

Friday, September 26th, 2008

Guardian By George Hatzidakis ATHENS, Sept 26 (Reuters) – Greece’s privatisations committee on Friday gave the green light for the launch of a tender to find buyers for three new companies to replace ailing flag carrier Olympic Airlines. Greece’s conservative government announced last week it would break up the troubled airline, ending years of wrangling […]

Greece starts process to sell Olympic Airlines

Friday, September 26th, 2008

International Herald Tribune ATHENS, Greece: Greece launched the bidding process Friday to sell Olympic Airlines, the debt-ridden state carrier, officials said. A government committee “decided to start the tender process to select private investors” for Olympic, according to a Finance Ministry statement without elaborating. The carrier would be split into three companies handling flights, ground […]

Olympic Airlines staff revolt

Thursday, September 25th, 2008

Travelbite Hundreds of member of staff from the Olympic Airlines have launched a protest against the proposed privatisation of Greece’s flag-carrier airline. A group of staff blocked a runway at Athens airport, but did not seriously disrupt flights scheduled to take off. Greece’s conservative government announced last week the ailing airline would be split into […]

Olympic Airways staff block airport runway in protest at sell-off

Tuesday, September 23rd, 2008

thens – Hundreds of workers with Greek state carrier Olympic Airlines blocked the main runway at Athens International Airport Tuesday over plans to privatise the airline. The demonstrators, including pilots, air stewards and technicians, prevented planes from taking off and landing on the runway. Airport officials said the protest forced air traffic controllers to divert […]

Alitalia faces liquidation as buyers pull out

Sunday, September 21st, 2008

By Alberto Sisto Reuters News ROME, Sept 18 (Reuters) – Italian airline Alitalia (AZPIa.MI: Quote, Profile, Research, Stock Buzz) faced the prospect of liquidation after a business group that had mounted a rescue bid withdrew its offer on Thursday, citing union opposition. All members of the CAI consortium voted to abandon the offer — a […]

Olympic Airlines unions vow to fight carrier liquidation

Sunday, September 21st, 2008

Both trade unions and opposition groups in Greece vowed on Thursday to continue fighting the decision of the conservative Greek government to liquidate the national air carrier, Olympic Airlines. The groups announced that they would be staging demonstrations and sit-ins and pursuing legal avenues in a fight they are calling “a mother of all battles,” […]

Olympic Airways staff block airport taxiway in protest over sell-off

Sunday, September 21st, 2008

Monsters and Critics Athens – More than 200 workers at Greek state carrier Olympic Airlines blocked the taxiway at Athens International Airport for more than 20 minutes Thursday over plans to shut down and privatise the airline. The demonstration ended up blocking the runway but did not affect any flights, officials at the airport said. […]