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Travel & Tourism industry news by Greek Travel Pages (gtp)

Holiday Airline Germania Announces Collapse, Cancels All Flights

German low-cost carrier Germania announced that it has filed for bankruptcy, attributing the company’s collapse to increasing fuel prices.

ECTAA Calls on Commission to Protect EU Air Passengers

Following a record number of airline failures in 2017, ECTAA is calling on the European Commission to protect EU passengers against airline insolvencies.

End of Trading for Austrian Carrier Niki

Austria’s second largest airline Niki announced it had filed for bankruptcy protection, leaving some 10,000 passengers stranded.

EasyJet Confirms €40m Deal for Parts of Air Berlin

EasyJet said it will ink a 40 million euro deal to purchase a part of German carrier Air Berlin, which filed insolvency in August.

Lufthansa – Air Berlin Deal Raises Concerns

Lufthansa was to officially confirm that it had inked a deal for parts of Air Berlin, raising in the meantime concerns by the International Airlines Group.

European Commission Approves German Rescue Aid to Air Berlin

The European Commission has endorsed under EU state aid rules Germany's plans to grant Air Berlin a temporary 150 million euros bridging loan.

Lufthansa Interested in ‘Parts’ of Air Berlin

Lufthansa has expressed interest in acquiring a number of planes from German carrier Air Berlin after it filed insolvency recently.

Air Berlin Flies into Turbulence, Files for Insolvency

German carrier Air Berlin filed to commence insolvency proceedings under self-administration, after its main shareholder Etihad withdrew financial support.

Airlines Announce New Routes to/from Athens, Greece

In view of the summer 2015 schedule of Athens International Airport, airlines have announced a series of new routes to/from the Greek capital.
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Etihad Airways Breaks Passenger And Cargo Records In Q1

Abu Dhabi-based Etihad Airways announced that it recorded its strongest ever passenger and cargo results for the first quarter in 10 years of its operations.

Thessaloniki’s Air Route Cuts Worry Professionals

“If Thessaloniki is excluded by air travel then the city will be unable to spread its wings and attract more potential visitors, especially at a time when hopes to boost the Greek economy have turned to tourism,” the Thessaloniki Hotels Association recently said.

Major Airlines Suspend Flights To Thessaloniki

Swiss International Air Lines will cease routes to and from Thessaloniki as of 27 and 28 October 2012 respectively due to “financial difficulties of the route and the overall restructuring of the service,” travel agents of the Northern Greek city were informed last month.

Ryanair Announces New Route

The Culture and Tourism Ministry announced last month that it aims to encourage airlines to add routes to Greek destinations or enhance existing flights to Greece from many destinations especially in Europe.

German Arrivals Fall in Greece

German bookings to Greece are in a standstill, tourism professionals in Germany told the foreign press last month.

EKPOIZO Reports Overpriced Airline Tickets

Consumer organization EKPOIZO recently discovered that advertized airline tickets have serious price variations, some which reached up to 63 percent between the advertized on-line cost and the actual charge.