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Air transport in Greece, stopped the merger between Aegean and Olympic
Athens, Greece - It would have created a monopoly
As we had anticipated a few days ago (see AVIONEWS), the European Union decided yesterday to block the merger of the two Greek airlines Aegean Airlines SA and Olympic Air. The commitments provided are inadequate and not likely to entice other carriers to enter the Greek market, creating almost a monopoly in the territory concerned. With consequences, said Joaquin Almunia, vice-president and competition...
AVIONEWS - World Aeronautical Press Agency - 1125092
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency