Olympic Air

With the European Union giving the okay for Aegean Airlines to take over Olympic Air, the companies are putting together plans to complete the merger. EU Competition Commissioner Joaquin Almunia said that “It is clear that, due to the ongoing...

Fearing that Olympic Air, Greece's once-dominant national carrier and a symbol of the country for decades, would go out of business otherwise, the European Union's antitrust authority has approved Aegean Airlines' takeover of its troubled rival, giving Greece only...

Travelport, a leading distribution services and e-commerce provider for the global travel industry, announces the successful implementation of Travelport Rapid Reprice with Greek carrier, Olympic Air. Travelport-connected agents booking Olympic Air can now recalculate a fare in seconds. Rapid Reprice...

Olympic Air in its letter addressed to the Hellenic Parliament, says the crisis is to blame for its decision to stop operating domestic flights. At the same time, a document of the Competition Commission reveals that an ex officio...

With Turkish Airlines reportedly set to snap up Greece's beleaguered former national carrier Olympic, the Turkish Ministry of Economy is advising businessmen to invest in Greece fast, citing "bargain" opportunities with businesses wracked by a deep recession and the...

According to Turkish media, a proposal has  been officially submitted for the sale of the 100 percent of Olympic Air to the the national flag carrier airline of Turkey, Turkish Airlines. Under the deal, Olympic will reportedly keep its name...

Olympic Air’s decision to stop the connection between three main airports of Greece in Thessaloniki, Iraklio on Crete, and to Rhodes beginning Oct. 13 has met with resistance from representatives of local administration, local chambers of commerce who say...

Olympic Air will connect Athens with Thessaloniki and Heraklion only until 13 October, 2013, as the Greek regional airline, formed from the privatization of the former national carrier Olympic Airlines will soon announce the suspension of these flights. In parallel,...

European Union anti-trust authorities say they have opened a full investigation into a renewed attempt by Aegean Airlines in Greece to take over its rival, Olympic Air, after it had previously been rejected. The European Commission said that the merger...

Worried about a near-monopoly on domestic air traffic in Greece, European Union antitrust regulators plan a lengthy investigation into a second attempt by Greek carrier Aegean Airlines to buy Olympic Air despite concessions offered to allay concerns. Aegean, which has...