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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.
Posted On 01 Feb 2011
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Time Is Running Out For Olympic Airways

Last month, the European Commission requested the European Court to impose penalties on Greece for non-compliance with the Commission's 2005 ruling that Olympic must repay illegal government subsidies of 161 million euros received from 1998 to 2002.
Posted On 01 Nov 2006
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Difficulties in Establishing a New Olympic Airlines

As we go to press, negotiation meetings to determine the future of Olympic Airlines continue. The EU gave the government until the end of March to develop a plan for liquidating the airline, and a business plan for the new company with private capital for funding.
Posted On 01 Apr 2006
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More than one-half of the present fleet would have to be taken out of service by 2008 due to age limitations. the country's ferry sector now floats 41 ferry vessels compared with 50 that were registered in 2003.
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Ferry Company Mergers Foreseen

Piraeus-based XRTC Business Consultants says it expects more mergers and cooperation agreements within the Greek coastal shipping arena.
Posted On 01 Sep 2005
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Blue Star Ferries managed to increase passenger traffic.
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Blue Star Ferries Continues to Increase Overall Traffic on Ferry Routes

Blue Star Ferries managed to increase passenger traffic on the Piraeus-Chania route by some 43% during the month of July when compared with traffic on the route in July of last year. Its vessel Blue Star 2, which was placed on the route this year for the first time, covered...
Posted On 01 Sep 2003
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