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Olympic Airways, bids unsatisfactory

Athens, Greece - The best bid had a value of 24.5 million Euros

The tender for the sale of Greece's ailing carrier Olympic Airlines failed and the Government called on Greek businessmen on Wednesday to buy the carrier. "The result of the tender was not what we had expected", Development Minister Costis Hatzidakis told reporters after a government's privatisations committee meeting. The deadline for the submission of binding offers in Olympic's privatisation...

AVIONEWS - World Aeronautical Press Agency - 1099431
Rome, Italy, 02/05/2009 13:58
AVIONEWS - World Aeronautical Press Agency

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