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

Athens Loses Direct Air Connections To Major Destinations

Singapore Airlines will cease routes to Athens as of 26 October 2012 due to “sustained weak performance,” the Greek travel industry was informed last month. This was just the most recent hit as many carriers have already announced plans to stop direct flights to the Greek capital.

Travelport Signs New Agreements, Launches New Portal

Travelport, one of the world’s leading global distribution system providers, recently signed a five-year full content agreement for Galileo and Worldspan-connected users worldwide with Kenya Airways. The agreement enables users to gain access to the airline’s full inventory of...

Aegean Airlines to Join Star Alliance

Star Alliance recently accepted Greece's Aegean Airlines as a future member carrier, according to an official announcement at a press conference held in Athens.

First Stage of EU-USA Open Skies in Effect

The first stage of the "Open Skies Agreement" between the European Union and the United States of America was signed on March 30 in a ceremony held within the scope of the "EU-USA Summit" in Washington. The European Union-United States air transport agreement is considered an...

Delta Out to Conquer the Airways Albeit Under Chapter 11 Protection

Just a month after filing for Chapter 11 bankruptcy protection, Delta has announced a huge international expansion plan. With the aim to be the "world's largest airline across the Atlantic" the beleaguered carrier will launch additional flights from its Atlanta and New York bases...

New Airline Reservation System Offers Airlines an Ownership Stake

A new global distribution system of sorts has emerged and travel agents are worried that it might be taken over by airlines. G2 SwitchWorks Corp., which has developed a reservation and management system and serves as a middleman between airlines and ticket sellers, announced last...

Air France-KLM Merger Approved

Competition commissons in both the European Union and America last month approved the proposed merger between Air France and Holland's KLM airlines. With this approval of the carrier's de facto takeover by Air France, KLM's life as an independent airline comes to an end.

European Airlines Seek EU Financial Assistance

Don't weaken our competitive position, the Association of European Airlines tells EU policy-makers. The events of September 11th have taken the global airline industry into uncharted territory, and according to AEA estimates its member airlines will, in the remainder of the year,...

Galileo Becomes First Global Reservation System Not Owned By An Airline

Galileo International, Inc., a popular global distribution system used by Greek travel agents, recently signed an agreement with Cendant Corporation of the U.S. According to the agreement, Cendant acquires all of the outstanding common stock of Galileo for about $2.9 billion....

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...
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