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OLYMPIC AIRWAYS INCREASES TARIFFS BY 9% WAITING FOR PRIVATIZATION

ATHENS, GREECE, The Greek Olympic Airways, which lost 55 USDm last year, announced that from April 21 it has increased its tariffs by 9%. The Greek Government is planning the privatization of the company by selling a 65% stake, for which offers should be placed within April 30. Cyprus Airways, Axon Airlines, Restis and Integrated Airline Solutions, an Australian venture capital group, are expected...

AVIONEWS - World Aeronautical Press Agency - 11526

AVIONEWS - World Aeronautical Press Agency
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