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Greece's latest tourism industry news by Greek Travel Pages (gtp)

Athens Arrivals Drop, AIA Too Expensive

Athens experienced a 4.67 percent decrease in international arrivals in September compared to the same month in 2010, according to recent figures released by the Association of Greek Tourism Enterprises (SETE).

AIA Awards Airlines

Athens International Airport (AIA) recently awarded airlines that recorded the highest passenger development in 2010, during the 11th Airline Marketing Workshop.

Aegean Airlines Enhances Network

Aegean Airlines last month announced its principle growth targets for 2011 that include new destinations abroad, additional frequent flights to major existing destinations and direct connections of Greek regional destinations to foreign markets in order to support tourism.

Olympic Air To Appeal Merger Rejection, Halts Routes

Olympic Air announced last month that together with Aegean Airlines it would appeal against the decision of the European Competition Commission that blocked their plans to merge. The commission had said that such a merger would monopolize the Greek market.

GNTO Signs Deals To Promote Greece

The Greek National Tourism Organization (GNTO) last month signed a memorandum of cooperation with the Chamber of Commerce and Industry of Thessaloniki (TCCI) to attract domestic tourism and foreign arrivals to Greece.

E.U. Bans Olympic Air-Aegean Airlines Merger

The European Commission blocked a mega merger plan between Olympic Air and Aegean Airlines last month on the grounds that a monopoly would be created in Greek air travel.

European Commission Skeptical On Major Airline Merger

The European Commission may reject the merger plan between Olympic Air and Aegean Airlines due to competition concerns, press reports said last month.

VAT Reduction Keynote At Philoxenia 2010

The 26th Philoxenia International Tourism Exhibition, held this year on 18-21 November at Helexpo in Thessaloniki, roughly hosted 500 exhibitors from Greece and 12 other countries (Egypt, Albania, Brazil, Bulgaria, Ghana, India, Cyprus, Russia, Serbia, Syria, Turkey, and Tunisia).

Olympic Air-Aegean Airlines Merger Hit Obstacles

The European Commission will decide whether or not to approve the merger between Olympic Air and Aegean Airlines on 12 January 2011, according to European Commissioner for Competition, Joaquin Almunia. The merger was expected to receive approval by 7 December 2010.

Olympic Air/Aegean Airlines Agreement Under Investigation

The European Commission opened an in-depth investigation last month into the planned Olympic Air/Aegean Airlines merger as its initial inquiry into the deal showed it could raise “serious competition concerns.”

Aegean Airlines Reshuffles Internal Flight Network

Aegean Airlines announced last month that flights to Lemnos and Kefallonia would be cut immediately after the Easter holiday as of 7 April due to commercial and financial reasons.

Aegean Airlines, Olympic Air Discuss Partnership

Greece’s two largest carriers, Aegean Airlines and Olympic Air, recently confirmed potential cooperation talks held between their major shareholders. Both companies have released no details so far.

AIA Awards Airlines

Athens International Airport (AIA) awarded airlines that recorded the highest passenger development in 2009, a very challenging year for the global industry, during the 10th Airline Marketing Workshop held last month.

Contenders Announced For Remote Greek Island Routes

Five airlines have expressed interest in the tender for the operation of the 24 state-subsidized air routes to remote Greek islands for the period 1 April 2010-31 March 2012.

Olympic Air Grabs Last Agones Grammes Routes

The operations of the nine remaining state-subsidized air routes (24 in total) to remote Greek islands were awarded to Olympic Air at the price of 5,220,527 euros, the Civil Aviation Authority announced in late November 2009.

Agones Grammes Interim Tender Causes Clashes

MIG President Andreas Vgenopoulos recently criticized Transport Deputy Minister Nikos Sifounakis as he made reference to a "scandalous government inability" and "lack of specific policy in air transports" in regards to the latter's handling of the interim state-subsidized...

Aegean Airlines Sets The Record Straight

Aegean Airlines last month rejected allegations from Olympic Air that the launch of the Thessaloniki-Istanbul route on 9 September was a result of a secret agreement between the airlines, the Foreign Ministry and the Civil Aviation Authority.

Dinos Frantzeskakis

On the dawn of summer 2009 and a difficult tourism season, Philoxenia 2009 opens its doors once again. Despite the atmosphere of gloom and doom within the global airline industry, with diminishing profits, even bigger losses and the world economy still in disarray, a ray of hope...

New Era Of Olympic Begins: Olympic Air

“Greece is high above,” was the slogan of Olympic Air's press conference held last month in regards to the launch of operations of the new and privatized Olympic that replaces the loss-making state carrier Olympic Airlines.

Aegean Airlines to Join Star Alliance

Star Alliance recently accepted Greece's Aegean Airlines as a future member carrier, according to an official announcement at a press conference held in Athens.