Archive for the 'Olympic Airlines' Category

Greek commuters to face serious transport problems Tues due to 24 union strike

Monday, May 14th, 2007

ATHENS (Thomson Financial) – The Greek commuting public will face serious transport problems tomorrow due to the 24 hour nation wide strike called by the General Confederation of Workers (GSEE) and the Civil Servants Union (ADEDY), which may potentially grind the whole country to a halt. The general strike was called by the unions to […]

May Day Strikes in Athens Affect Olympic Airlines

Tuesday, May 1st, 2007

May Day strike to disrupt Olympic Airlines flights, Athens Athens, April. 30(AP): Olympic Airlines is cancelling dozens of domestic and international flights because of a 24-hour May Day strike by transport workers on Tuesday. Disruption is also expected on public transport in Athens. The state-run carrier said 42 flights have been canceled, including nine international […]

May 1st Olympic Airlines strike!

Saturday, April 28th, 2007

MAY DAY Flights, public transport to be disrupted as staff walk out Flights and public transport will be disrupted on Tuesday as staff stage strikes and work stoppages to participate in traditional May Day rallies. Olympic Airlines will be conducting just one flight per destination as civil aviation staff strike. Passengers due to travel with […]

Lufthansa May Buy Iberia….but not Olympic

Thursday, February 22nd, 2007

Lufthansa in talks to buy Iberia Europe’s airlines are starting to consolidate. Lufthansa has started discussions on a possible move to buy ‘all or part’ of Spanish airline Iberia, French daily La Tribune reports. But Iberia has denied the report according to Dow Jones. We think La Tribune got it right. Yesterday, ATW reported Lufthansa […]

OLYMPIC PLANES GROUNDED

Friday, February 2nd, 2007

This may affect you if you’re flying those days……not sure how to deal with it, but just don’t take any problems out on the check-in employees…. you never know when you may need them for something Pilots plan to walk off the job demanding boost to fleet Pilots at Olympic Airlines (OA) plan to hold […]

Greece’s Olympic Airlines wins cash reprieve from court

Friday, December 22nd, 2006

I guess this is temporary good news…..but they still owe a few hundred million dollars to the government…. that’s a lot of tickets to Mykonos that they have to sell! The Associated PressPublished: December 20, 2006 ATHENS, Greece: A Greek court Wednesday awarded struggling national carrier Olympic Airlines €563.9 million ($744.5 million) in compensation for […]

Olympic Airlines Loss widens!

Sunday, December 10th, 2006

ah oh…….. not good news for Olympic! December 10, 2006 Greece’s ailing state carrier Olympic Airlines, posted a net loss of EUR123.7 million (USD$163.4 million) for 2005, based on financial statements published in Greek newspapers. The European Commission is in a legal battle with Greece over subsidizing the loss-making carrier in the past. In October […]