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Birth of Olympic Airlines
Athens, Greece - The new Greek carrier still aims to privatization
The Greek Transport Minister, Christos Verelis, announced the birth of Olympic Airlines, which takes the place of former Olympic Airways. The carrier, which was created by Aristotele Onassis and then nationalized in 1975, had had debts for years (in 2001 the deficit was of EUR 500m), and the attempts to privatize it all failed. Olympic Airlines, as Verelis explained, will not include ground-activities,...
AVIONEWS - World Aeronautical Press Agency - 52222
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency