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Emirates Orders 71 New Passenger Jets

International press coverage of a record order of 71 new passenger jets by Emirates centered on the airline's attempt to rescue the airline industry as it did in 2001 with a $15 billion order for new jets. Yet, despite this widespread view of the new $19-billion-order, industry...

New Low-cost Carrier from Athens and Thessaloniki

Germany's low-cost carrier "germanwings" now flies out of Athens to Cologne four times a week and out of Thessaloniki three times a week with a ticket price of 19 euros, and that includes all taxes. That price, however, is for anywhere from 15 to 20% of all available seats. As...

Sabre Restructures Business Activities

Global distribution system Sabre Holdings recently separated its business activities so as each department can serve precise fields in the tourism chain.

Athens International Airport World’s Best

Athens International Airport is the new leader in the world in its category, according to the annual results of International Air Transport Association's independent survey "Global Airport Monitor" for 2002.

Worldspan Signs Agreement with Hotwire.com

Worldspan has announced a technology agreement with Hotwire.com, a leading discount travel site, to power Hotwire's airline bookings. As part of the new partnership, Worldspan will supply Hotwire with an enhanced technology agreement, which includes a range of essential...

Amadeus Adds More Low-fare Carriers

Travel agencies worldwide connected to Amadeus can now sell seats on Germanwings, the new German low-fare carrier. On 1 April 2003, Germanwings joined other low fare airlines already available through the Amadeus System, such as Virgin Express, Zip Air, Norwegian Air Shuttle,...

Concorde Jets Pushed Into Retirement

Concorde, the needle-nosed aircraft for the super-rich and super-rushed, is retiring after a quarter-century of service, its British and French operators announced last month. "Never has such a beautiful object been designed and built by man," Air France president Jean-Cyril...

Luxair Is Back With Daily Flights

Luxair, Luxembourg's flag carrier, resumed flights to Athens on March 30. The airline had suspended its flights to here some four years ago but now flies daily out of Athens to Luxembourg, with a stopover at Italy's Milan Bergamo airport, using a 49-seat Embraer 145 Eurojet that...

Air Traffic Remains Volatile

The first AEA traffic report for 2003 shows an increase in passenger-km of 6.4 percent over January of last year. This brought traffic volume back to within 1.5 percentage points of where it had stood in January 2001.

Airlines Sell Worldspan

An agreement was signed last month by Travel Transaction Processing Corporation to purchase Worldspan from its three airline owners (Delta Air Lines, Northwest Airlines and American Airlines).

Athens Airport Opens Environmental Information Center

Athens International Airport is about to open an environmental information center within its main terminal building, according to a recent press release issued by airport management.

SkyTeam Alliance Expands through Associate Membership

Executives from the airline alliance SkyTeam, met in London recently where they announced plans to introduce an associate airline program that will expand customer benefits to additional regions of the world. The plan calls for opening associate SkyTeam membership to carriers...

Bids Called For The Sale Of Galileo Hellas

Greece's transport ministry announced a tender for the sale of a majority stake in Galileo Hellas. Tenders were to be accepted up until January 17.

Aegean Continues Expansion To German Centers

Aegean Airlines is one of the few airlines in the world today that has been able to cut costs drastically, without cutting service standards, over the past 12 months. As well, the private Greek carrier managed to increase revenue in 2002 by more than 14%, to reach 180 million...

Airlines Double Passenger Compensation

The European Union's transport council recently announced a decision to effectively double the compensation paid to passengers who are unable to be accommodated on the flights on which they are booked.

Greece EU Presidency Features Open Skies Policy

When Greece assumes the European Union presidency on January 1, for a six-month period, its transportation brief will include a member states' agreement to award the European Commission a wide-ranging mandate to negotiate a bilateral USA-EU "open skies" agreement.

Worldspan Continues Expansion Efforts In Greece

When global distribution system and travel e-commerce provider Worldspan opened its new full-service branch office in Thessaloniki, it was but a first step in investment plans for the Greek market. Additional investment plans for Greece are imperative in order to build market...

Possible Increase In Airline Passenger Compensation

The European Commission last month tabled a proposal that, if adopted, would oblige airlines to pay a hefty sum to passengers forced to miss their flights either through overbooking or cancellation.

Cuts In Airport Taxes May Help Airline Survival

Greece's government, in late December, announced measures to lower costs for the airline industry. It said this should help fortify the sector, which suffers more than most economic sectors after the September 11 terrorist attacks against the U.S. The attack continues to deter...

Subsidies For Olympic Aviation On Unprofitable Routes

Olympic's domestic subsidiary carrier, Olympic Aviation, gets some 10.3 million euros (3.5 billion drachmas) annually in government subsidies for operating flights to nine island destinations considered highly unprofitable.