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Olympic Airlines's tender failed for the third times
Athens, Greece - Greek Government is about to back the creation of a new airline

The replacement of Olympic Airlines with a new carrier is the only alternative solution possible to cover country air transport needs according to Finance Minister George Alogoskoufis and Transport Minister Mihalis Liapis. This announce was released after failing the lost tender. Thus, Olympic Airlines is destined to disappear at least with the current name. It was created by Greek Government in 2003...
AVIONEWS - World Aeronautical Press Agency - 131209
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency