connect with us
Travel & Tourism industry news by Greek Travel Pages (gtp)

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.

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.