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Travel Association Wins Commision Case

The Greek Union of Air Travel Agencies (PETAGA) succeeded in winning a court case recently whereby travel agents are entitled to a minimum 7 percent commission on airline tickets sold.
Posted On 01 Apr 2004
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Air France-KLM Deal Just the Beginning

Air France's planned takeover of KLM Royal Dutch Airlines, which would create Europe's largest airline, may just be the beginning of a trend as airline carriers look to ways to cooperate and cut costs after two years of extensive losses.
Posted On 01 Nov 2003
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Europe Gets Ready To Fly

The European Commission won the right on June 5 to start talks with the United States on airport landing rights, in a move destined to lead to a wholesale shake-up of transatlantic aviation.
Posted On 01 Jul 2003
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Thomas Liakounakos, chairman of Axon Airlines and Axon Holdings, presented airline's five new jets this past summer just prior to the terrorism attack in the U.S. that overturned so many optimistic investment plans.
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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.
Posted On 01 Jan 2002
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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...
Posted On 01 Nov 2001
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European Airlines Create Online Travel Portal

Nine of Europe's leading airlines recently unveiled plans to move into the online travel market with the launch this year of a new online travel service, that sells flights and other travel products direct to the consumer.
Posted On 01 Sep 2001
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SETE Questions Government’s Tourism Data And Methods

A delegation from the Association of Greek Tourism Enterprises (SETE) met with Prime Minister Costas Simitis last month, at his request, where the tourism professionals expressed their belief that the government has failed to take tourism seriously.
Posted On 01 Aug 2001
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State To Cover Olympic Airways Debts

The government is willing to meet Olympic Airways' debts despite the anticipated reaction from the European Union, said Transport Minister Christos Verelis in a recent interview with the Greek daily newspaper Ta Nea.
Posted On 01 Sep 2000
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