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

HATTA Wins Ruling on Commission Fees

Greece's Competition Commission fined Greece's two biggest airlines, Olympic and Aegean, a total of 210,000 euros for complicity in reducing the commission paid to travel agents, from 9.25 percent to 6.94 percent, on tickets for domestic flights.

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.

New Low-cost Carrier from Athens and Thessaloniki

Germany's low-cost carrier "germanwings" now flies out of Athens to Cologne four times a week and out of Thessaloniki three times a week with a ticket price of 19 euros, and that includes all taxes. That price, however, is for anywhere from 15 to 20% of all available seats. As...

ITB Tourism Fair Remains Industry Leader

The world's leading tourism exchange, International Tourism Exchange ITB Berlin, remains the industry's number one fair and Greek participation this year again will be substantial.

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.

Lufthansa Closes Thessaloniki Office

In the wake of the many repercussions after the September 11 disaster, some companies were quick to cut costs in hopes of staving off financial disaster. The German carrier Lufthansa, for example, announced the closure of its Thessaloniki office.

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.

Handling Companies Head for New Athens Airport

Olympic Airways was selected to supply ground, cargo and fuel into-plane handling services as the new Athens International Airport at Spata.