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Olympic Airlines chairman's resignation

Athens, Greece - New summit of the Hellenic company

Greece, under two separate European Court rulings, must recover about 701 milion of Euros (Usd. 865 milion) in illegal subsides handed to Olympic Airlines over the years or face EU fines. Country’s transport ministry announced yesterday carrier’s chairman Petros Papagergiou’s resignation, an economics professor who was appointed chairman in March 2004, he also added that he will be replaced by la...

AVIONEWS - World Aeronautical Press Agency - 139575

AVIONEWS - World Aeronautical Press Agency
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