Reuters ATHENS, Dec 2 (Reuters) – Greece’s largest private carrier, Aegean Airlines (AGNr.AT: Quote, Profile, Research, Stock Buzz), said on Tuesday it will expand its European routes next year despite the global downturn, adding it has no interest in the privatisation of Olympic Airlines. The airline, which has taken a lot of ailing state carrier […]
Greece’s government has named 16 bidders for its sale of Olympic Airlines, and says it has another 22 potential bidder companies that want to remain anonymous. Companies interested in the airline operations are Athens Airways, Chrysler Aviation, Fouad El Ghanim Group, MyAir, Qatar Airways, Sky Europe and Sky One. For ground handling are Athens Airways, […]
BRUSSELS, Belgium (AP) — The European Union’s transport chief on Wednesday approved the proposed takeover of bankrupt Italian airline Alitalia by a group of investors, lauding its rebirth as the latest move to change the EU airline sector from an inefficient state-driven industry to a competitive privatized one. In announcing the decision, EU Transport Commissioner […]
The US carrier Delta Airlines has completed a takeover of rival Northwest Airlines to create the world’s leading airline in terms of passenger traffic, overtaking Air France-KLM. The two companies were combined after the US justice department said it had no objections on competition grounds. The airline will be based in Delta’s home city of […]
Athens – Riot police fired tear gas at protesting youths in Athens Tuesday as the demonstrators hurled rocks in support of a nationwide strike that paralysed air, sea, rail and public services across Greece. The strike was called by Greece’s two largest unions, private sector federation GSEE and public sector union ADEDY, representing more than […]
San Francisco Chronicle As oil prices fall, both U.S. and foreign airlines are cutting fuel surcharges on most flights to Europe, a move that will save fliers $50 on flights to Paris, Rome and Madrid, and more than $60 on flights to London. Images Getting to Florence will be a bit cheaper as airlines cut… […]
Athens, 17 October – A mishap for the president of Greece, Karolos Papoulias: he is stuck together with his staff in Vietnam, where he had been making an official visit lasting four days, as his official Airbus has broken down. This was reported by the national flagship airline, Olympic Airlines, which provides the presidential aeroplanes. […]