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

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.

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.