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Olympic Airlines aircrafts

EU Agrees to Olympic Airlines’ Privatization

The European Union last month gave its consent to Greece's plan to privatize the Greek carrier Olympic Airlines next year, but said the airline must pay back 850 million euros in illegal state aid it received between 2005-2007.

Posted On 01 Oct 2008

, By Nikos Krinis

Aviation Crisis to Hit “Eleftherios Venizelos”

The crisis within the aviation market, which has already reached alarming proportions in the USA, is slowly beginning to have an impact on Greece, say representatives from Athens International Airport “Eleftherios Venizelos.”

Posted On 01 Aug 2008

, By Nikos Krinis

Olympic Airlines Administration Shuffle

Transport and Communications Minister Costis Hatzidakis recently rearranged the administration of Olympic Airlines, Olympic Airways-Services and Pantheon Airways.

Posted On 01 Aug 2008

, By Nikos Krinis

Athens International Airport Reveals 10% Passenger Traffic Increase

Athens International Airport announced another record-breaking year with a total of 16.5 million passengers in 2007, an impressive 10 percent increase from its 15.1 million passengers in 2006. There was an eight percent increase in the number of flights that for the first time...

Posted On 01 Mar 2008

, By GTP editing team

Amadeus Hellas' Marketing Supervisor, Vicky Bardakou; Senior Executives of Customer Support, Tassos Haralambis and Christos Koblis; Sales Executive Myrto Vassiloglou; President of the HATTA, Yiannis Evangelou; General Manager of Amadeus Hellas, Eva Karamanou and Sales Executive, Manos Psathas, at a recent event held by HATTA in honor of airline representatives and sponsored by Amadeus Hellas.

HATTA Says Tourism Needs Olympic and Aegean

The Hellenic Association of Travel and Tourism Services recently hosted an annual event by members of the board and the association's air matters committee in honor of the airline industry. Representatives from airline companies and distribution companies (CRS) as well as members...

Posted On 01 Mar 2008

, By GTP editing team

Hellenic Chamber of Hotels Predicts Tourism Levels in 2008

The Hellenic Chamber of Hotels recently held its final meeting for 2007 in the presence of Tourism Development Minister Aris Spiliotopoulos and the political leadership of the Greek National Tourism Organization.

Posted On 01 Feb 2008

, By GTP editing team

Olympic Airways Celebrates 50 Years

Olympic Airways marked its 50-year anniversary with the publication of a special edition photographic album entitled "50 Years Olympic Airways-The Aircraft we Flew."

Posted On 01 Jan 2008

, By GTP editing team

AirSea Lines Suspends Flights to Aegean

AirSea Lines officially suspended its programmed flights from Lavrio seadrome to islands in the Aegean but it said it would continue flights as planned for the Ionian islands and Brindisi, Italy, from Patra.

Posted On 01 Sep 2007

, By GTP editing team

Olympic Airlines Expands its Fleet

Olympic Airlines has expanded its fleet as it recently incorporated a new aircraft Boeing 737-400. The new aircraft was acquired through long-term lease from Los Angeles-based International Lease Finance Corporation and was inducted under Greek registry with certification.

Posted On 01 Jul 2007

, By GTP editing team

New Tourism Investment Infrastructure Interest

According to local press reports, foreign investors and large foreign enterprises are targeting some of the most important Greek ports and all airports, expecting that the country's tourism development will continue and expand, in particular into the winter season.

Posted On 01 Apr 2007

, By GTP editing team

Galileo Signs Agreement With Galileo Hellas

Galileo, a leading global distribution system (GDS) and subsidiary of Travelport, renewed its long-term distribution agreement with Galileo Hellas, the government-owned travel distribution company, to distribute Galileo GDS to the Greek and Cypriot markets.

Posted On 01 Dec 2006

, By GTP editing team

Greece & South Korea signed biliteral tourism and maritime agreements.

Government Expands Ties with Asia

Boosting tourism and trade with Asia was a key theme last month, with the government signing agreements with South Korea and Thailand. Progress also was made on direct flights to Beijing.

Posted On 01 Oct 2006

, By GTP editing team

Tourism session moderator, Yiannis Evangelou, president of the Hellenic Association of Travel and Tourism Agencies, with Evangelia Maslarinou, chief commercial officer of Olympic Airlines, and Makis Fokas, president of the Hellenic Chamber of Hotels.

Arab-Hellenic Forum Venue for Tourism

Greece is aiming to be one of the top five tourism destinations, said Tourism Minister Fani Palli-Petralia, at the first forum organized by the Arab-Hellenic Chamber of Commerce & Development. The minister added that "this is an achievable goal since the country is ranked...

Posted On 01 Oct 2006

, By GTP editing team

Olympic Airways flying over the summer, despite a fresh European Union warning over illegal aid

Olympic to Continue Flying Throughout Summer

Government officials last month promised to keep Olympic Airways flying over the summer, despite a fresh European Union warning over illegal aid. They also insisted that there were groups who were interested in purchasing the airline.

Posted On 01 May 2006

, By GTP editing team

Tender Called for Galileo Hellas Sale

Government and its consultant firm, Lazard, along with three banks (National, Emboriki, Alpha), published a call for tenders last month in foreign financial papers for the sale of Olympic Airlines' subsidiary company Galileo Hellas.

Posted On 01 May 2006

, By GTP editing team

Difficulties in Establishing a New Olympic Airlines

As we go to press, negotiation meetings to determine the future of Olympic Airlines continue. The EU gave the government until the end of March to develop a plan for liquidating the airline, and a business plan for the new company with private capital for funding.

Posted On 01 Apr 2006

, By GTP editing team

New Olympic Air Carrier Before Summer

Transport Minister Michael Liapis told reporters last month that he would soon appoint a board of directors for the proposed new Olympic Airways company, which he expects to start flying this spring (press reports say September at the earliest).

Posted On 01 Feb 2006

, By GTP editing team

Aegean Orders 12 New Airbus A320s

Last month Aegean Airlines signed an agreement for the purchase of eight new Airbus A320 passenger jets and an option for another 12. The new jets will replace present aircraft and allow the airline to extend its present domestic and international network, says the airline.

Posted On 01 Jan 2006

, By GTP editing team

Yet Another New Olympic Airline

A new company is to be launched early next year to replace Olympic Airlines, according to a recent government announcement. This follows the state's latest failed attempt to find a buyer for the country's ailing flag carrier. In mid November, government officially declared that...

Posted On 01 Dec 2005

, By GTP editing team

World Tourism Day Celebrated Quietly

Celebration of World Tourism Day came and went in late September with little fanfare. Greece's tourism minister welcomed some dignitaries at Cape Sounio and local professional organizations made some announcements. The Institute for Tourism Research and Forecasts, for example,...

Posted On 01 Nov 2005

, By GTP editing team

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