Archive for the 'Olympic Airlines' Category

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 […]

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. […]

Brussels ends 15-year wrangle as Olympic Airlines is told to pay back illicit state aid

Thursday, September 18th, 2008

* David Gow and John Hooper * The Guardian, * Thursday September 18 2008 * Article history The European commission yesterday reshaped the EU’s aviation sector by forcing Olympic Airlines to repay to the Greek government €850m (£671m) in illegal state aid before it is privatised. Plans to liquidate Olympic, which was founded by Aristotle […]

Greece says to shut down and relaunch Olympic Air

Wednesday, September 17th, 2008

ATHENS, Sept 17 (Reuters) – Greece said on Wednesday it would shut down ailing state carrier Olympic Airlines [OLY.UL] and relaunch it under a new structure, ending years of failed efforts to find a buyer. “In a little while, there will be an announcement on the agreement between Greece and the European Commission for the […]