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Olympic Air

General Strike in Greece on Wednesday Over Price Hikes

Greece will come to a halt on Wednesday, November 9th, as a 24-hour strike has been declared by Greece's workers' unions. There will be significant work stoppages in the means of public transportation, as employees will also be participating in...

Aegean, Olympic Air: Record Increase of 5% for Passenger Traffic in Q1 of 2017

Aegean Airlines and Olympic Air recorded a 5 percent increase in passenger traffic in the first quarter of 2017 reaching 2.1 million passengers, the company said on Wednesday. Aegean said the increase is attributed entirely to the international network with...

Olympic Air Takes Over Three Domestic Routes

Olympic Air will take over, without any financial compensation, the operation of three remote flight destinations for a period of four years, starting April 1, 2017. The remote flight destinations are Athens-Milos, Athens-Naxos and Athens-Sitia The agreement raises the number of...

Aegean Airlines Invests 300 Million Euros in New Aircraft

One year has passed since the merger of Aegean Airlines and historic Olympic Air and the former presented its plans for the future. Among others, Aegean Airlines Vice President Eftihis Vasilakis underlined that the company is entering a new growth orbit,...

Qatar Air Revives Olympic Air Investment Plan

Qatar Airways Chief Executive Akbar Al Baker announced on Wednesday his intentions of pursuing new acquisitions. He clarified that he will be moving onto his next business venture after reviving an investment strategy that led to the company receiving stake offers...

Greek Aegean Airline Facing Ryanair

The increase in tourism in Greece has led to significant changes in domestic and foreign air travel. This has encouraged foreign airline companies to invest in Greece and to add new routes, competing directly with Greek airline Aegean-Olympic. Low cost...

Aegean and Olympic See Increase in Domestic Traffic

Earlier this week, Aegean announced that combined domestic air traffic carried by Aegean Airlines and Olympic Air was up last month by 10% compared with November 2012. According to the announcement, it has taken four years for the two carriers to...

Aegean Airlines Adds 15 New Destinations

The company announced plans to strengthen its fleet and flying schedule up to the end of 2014, following the absorption of Olympic Air, which will lead to annual cost savings of 35 million euros, mostly from merging the two...

Aegean Finally Seals Olympic Air Purchase

Aegean has finally completed the purchase of its fellow Greek airline Olympic for €72 million. The two airlines had originally agreed on a merger in 2010 but this first attempt to bring the companies together was blocked by the European...

Olympic Air: From Onassis Golden Age To Aegean Takeover

The merger of Olympic Air and Aegean Airlines symbolizes the end of a whole era. The gilded crockeries, stunning fashionable uniforms for flight attendants and pilots, as well as seminars of Olympic officials enrolled in Monte Carlo in the...