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

Olympic Airways Sale On Hold

Recent events have created new conditions under which the privatization of Olympic Airways must be carried out. Although the Greek government gave the green light to privatization advisers Credit Suisse First Boston to continue negotiations with Axon Airlines until October 17 -a...

Terrorism Crisis Hits Greece’s Cruise Industry Hardest, For The Moment

Greece's cruise industry, because a significant portion of its business comes from North American customers, is in for a tough time. Along with this, the industry also has to deal with the possible surge in oil prices, the likelihood of a global recession, the difficulties in air...

Athens Airport Eleftherios Venizelos To Cut Rates

Negative reports in local newspapers concerning the new Athens International Airport at Spata, Elefterios Venizelos, may have played a role in the airport's recent announcement that it will lower airport fees later this year. The newspaper reports concentrated on the lower...

Axon Takes Delivery Of Five New Aircraft As It Bids For Olympic Airways

With or without Olympic Airways, Axon Airlines, which has emerged as the frontrunner in a privatization tender for Olympic Airways, intends to grow by leaps and bounds. The two-year-old airline last month took formal delivery of five new aircraft - two Boeing 737-400s and three...

Airline Specialist Takes Over Tourism General Secretariat

Demetris Georgarakis, an electronic engineer with some 20 years experience in the airline sector (Olympic Airways) has been appointed to head the newly created tourism general secretariat, which is directly under the development ministry.

New Offers For Olympic Airways

Axon Airlines SA, Golden Aviation Services (the Restis shipping group), Integrated Airline Solutions and Cyprus Airways deposited new bids for the purchase of national carrier Olympic Airways. As we go to press, bidders are said to be on their way to London to discuss the bids...

Olympic Airways Speeds Up Privatization And Gets Funds For Spata Move

Olympic Airways will relocate to the new airport at Spata come March next year following approval from the European Commission for the diversion of funds intended for plane purchases.

Olympic’s Fares Increase By As Much As 54%

Recent increases in the price of petrol pushed the world's airlines into 10-15% increases in winter fares, but Olympic Airways seems to have gotten carried away and increased at least one of its winter fares - first-class one-way Athens-New York - by 54%.

Tourism Arrivals Up Over Last Year

Arrivals to Greece during the first half of this year proved to be on a scale expected by local analysts. Arrivals to the Dodecanese resort island of Rodos, from Athens, rose by 32% to 277,308 in the first six months of the year, compared with 1999, the Civil Aviation Authority...

ABTA Holds 50th Anniversary Convention On Kos

The Association of British Travel Agencies (ABTA) holds its annual convention this month on the island of Kos. This is the second time the association selected Greece to host the event. In 1976, Athens hosted the event.

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.

New Onephone Service From Olympic Airways

Olympic Airways has established a new phone line for nationwide reservations through the Hellenic Telecommunications Organization's onephone service.

Tourism Industry Unhappy With State Tourism Policies

Spiros Kokotos, president of the Association of Greek Tourism Enterprises (SETE), called the tourism press corps together last month to reiterate industry complaints that the government was not doing its best to confront tourism problems.

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.

Mediterranean Travel Fair Spotlights Greece

The Mediterranean Travel Fair, MTF, held in Cairo, proved a success. Some 1,200 senior buyers were invited to attend and meet with a host of suppliers during the three day show held in 'The Cairo International Conference Center'. The first two days were reserved for buyers and...

Olympic Aviation Goes International With New Jets

With the delivery last month of two new passenger jets, Olympic Airways' subsidiary Olympic Aviation breaks out of the confines of the regional market and heads for the skies over Europe.

Tourism Leaders All For Tourism Museum

At a recent seminar held in the Old Parliament in downtown Athens tourism and political leaders gave their full support and are one hundred percent in favor of the Women in Tourism association's proposal to create a Greek tourism museum.