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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.

Around The World With SkyTeam

Some 18 sales representatives from local SkyTeam offices - Air France, Aeromexico, Alitalia, CSA Czech Airlines, Delta and Korean Air - called on 75 travel agencies in Athens and Thessaloniki during a recent short 3-week period. They presented the four new "Around the World Tour"...

Airport Ground Handling Companies Hit Financially

Airport ground handling companies here in Greece now suffer the same financial blows felt by airlines after the New York terrorism attack. Airlines, in an dire attempt to cut costs wherever possible, have made life unbearable for some independent companies, not least of which are...

Axon Airlines Grounded

Axon Airlines, which was bidding to buy national carrier Olympic Airways, announced the suspension of operations on November 30, citing an industry downturn and rising losses in the wake of the September 11 attacks on the United States.

Cyprus Airways To Create Greek Subsidiary

Either through a Greek subsidiary airline or through an alliance with a private Greek carrier, Cyprus Airways is about to take on Olympic Airways. The Cypriot flag carrier says it will concentrate on international flights out of Greece and perhaps team up with a private Greek...

Travel Trade Calls Emergency Session To Confront Commission Cuts

Greece's travel trade associations got together last month ans called emergency general assembly of all travel associations to consider stop selling domestic airline tickets after local carriers cut agency commission down to 6.94% from 9%.

Tourism Sector Calls For Abolition Of Airport Tax As Air Fares Rise

High insurance fees and low revenue have forced Greek airlines to increase fares. At the same time, they want major decreases in airport fees and taxes. And so far, they have managed to get all of the tourism-related associations in the private sector behind them in a strong...

Smaller Airlines Preferred By Travelers

It looks like the average flyer believes that the smaller airlines are safer than the big named companies. September's passenger load factor figures were down for Greece's largest airline, state-owned Olympic Airways, as well as major international carriers out of Athens, but...

New Athens Airport Dealt Serious Blow

If forecasts for the Athens's new Eleftherios Venizelos airport come to pass, the new airport could be dealt a serious blow. For the moment it expects to see a 20- to 25-percent drop in passenger traffic in the last quarter of the year. This is all a result of the current crises...

Lufthansa Closes Thessaloniki Office

In the wake of the many repercussions after the September 11 disaster, some companies were quick to cut costs in hopes of staving off financial disaster. The German carrier Lufthansa, for example, announced the closure of its Thessaloniki office.

European Airlines Seek EU Financial Assistance

Don't weaken our competitive position, the Association of European Airlines tells EU policy-makers. The events of September 11th have taken the global airline industry into uncharted territory, and according to AEA estimates its member airlines will, in the remainder of the year,...