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Olympic To Become Pantheon Airways  
User currently offlineBreiz From France, joined Mar 2005, 1917 posts, RR: 2
Posted (8 years 4 months 2 weeks 2 days 18 hours ago) and read 14855 times:

According to Greek news, the Greek Transport Minister, Michalis Liapis, has announced that Olympic will be replaced by a private airline named Pantheon Airways from Oct. 2006.

55 replies: All unread, showing first 25:
 
User currently offlineMaartenV From Netherlands, joined Aug 2005, 271 posts, RR: 0
Reply 1, posted (8 years 4 months 2 weeks 2 days 17 hours ago) and read 14772 times:

How 'private' will this one be? Maybe I'm to sceptical, but I can't imagine that this airline won't receive an enormous amount of (illegal) state aid from the Greek government.


Its all about supply and demand...
User currently offlineCXA330300 From South Africa, joined May 2004, 1561 posts, RR: 2
Reply 2, posted (8 years 4 months 2 weeks 2 days 14 hours ago) and read 14598 times:

Farewell Olympic..............but will this actually get off the ground?

Quoting Breiz (Thread starter):
Pantheon Airways from Oct. 2006.

Do you mean Parthenon? The Pantheon is in Rome, Italy.



The sky is the limit as long as you can stay there
User currently offlineDeltaFFinDFW From United States of America, joined Sep 2003, 1440 posts, RR: 0
Reply 3, posted (8 years 4 months 2 weeks 2 days 13 hours ago) and read 14527 times:

No, the code name is Pantheon. How odd!

http://www.ekathimerini.com/4dcgi/_w...s_politics_100010_03/04/2006_68176

However in a newspaper interview published yesterday, Finance Minister Giorgos Alogoskoufis said that the Olympic brand name — which enjoys a global reputation — could stay.

“It is our objective to keep the name, despite the fact the (new) company is known by the code name Pantheon,” he said.


User currently offlineZRH From Switzerland, joined Nov 1999, 5566 posts, RR: 36
Reply 4, posted (8 years 4 months 2 weeks 2 days 13 hours ago) and read 14496 times:

How sad. I think Olympic is a perfect name for a Greek airline.

User currently offlineFloris From Netherlands, joined Jun 2003, 243 posts, RR: 0
Reply 5, posted (8 years 4 months 2 weeks 2 days 13 hours ago) and read 14486 times:

Obviously it is code name. The trade name Olympic will stay.

User currently offlineLewis From Greece, joined Jul 1999, 3629 posts, RR: 5
Reply 6, posted (8 years 4 months 2 weeks 2 days 12 hours ago) and read 14432 times:

Hopefully the name will stay. Pantheon just doesn't sound right (it has nothing to do with Parthenon btw, its a greek word though).

User currently offlineCRGsFuture From United States of America, joined Jan 2006, 536 posts, RR: 1
Reply 7, posted (8 years 4 months 2 weeks 2 days 12 hours ago) and read 14379 times:

Question is, is Pantheon a name of the company owning the whole OA operation, and how privatized will it be?

-JD



Flying you to your destination; your girlfriend to her dreams.
User currently offlineLewis From Greece, joined Jul 1999, 3629 posts, RR: 5
Reply 8, posted (8 years 4 months 2 weeks 2 days 12 hours ago) and read 14358 times:

I guess Pantheon is just a concept name that might be used from the new airline. I can only assume that the majority will be privatised if better results are to be expected.

User currently offlineSNATH From United States of America, joined Mar 2004, 3238 posts, RR: 22
Reply 9, posted (8 years 4 months 2 weeks 2 days 12 hours ago) and read 14358 times:

Quoting DeltaFFinDFW (Reply 3):
No, the code name is Pantheon. How odd!

In Greek Mythology, the Olympic Pantheon was supposed to be the collection of Gods who lived on mount Olympus

http://www.uncg.edu/cla/pantheon.html

Pantheon literally translates to All Gods. So, it's not really that odd...

Tony



Nikon: we don't want more pixels, we want better pixels.
User currently offlinePM From Germany, joined Feb 2005, 6888 posts, RR: 63
Reply 10, posted (8 years 4 months 2 weeks 2 days 6 hours ago) and read 14173 times:

Quoting DeltaFFinDFW (Reply 3):
Finance Minister Giorgos Alogoskoufis said that the Olympic brand name — which enjoys a global reputation — could stay

Probably wisely, he declined to say what kind of a "global reputation" Olympic Airways used to have...


User currently offlineLhstr From Germany, joined Mar 2001, 226 posts, RR: 1
Reply 11, posted (8 years 4 months 2 weeks 2 days 6 hours ago) and read 14123 times:

Why doesn't the Greek government just let Olympic die?

The unfair financial and governmental support must be ended. This shows perfectly, that there is no even playing field for all airlines involved.

[Edited 2006-04-17 11:20:24]

User currently offlineLTU932 From Germany, joined Jan 2006, 13864 posts, RR: 50
Reply 12, posted (8 years 4 months 2 weeks 2 days 6 hours ago) and read 14123 times:

I was actually under the impression that OA would actually be renamed into Pantheon Airlines, which would mean the company which once used to be known as Olympic Airways, before they swapped the Airways with Airlines, would still operate.

User currently offlineERJ170 From United States of America, joined Apr 2004, 6763 posts, RR: 17
Reply 13, posted (8 years 4 months 2 weeks 2 days 4 hours ago) and read 13922 times:

Hmm.. I hope each tail has a different diety on it.. that would be cool.. I bet the Hermes/Mercury aircraft would be the coolest..

Oh.. do you think they could have a tail with Nike on it? would it really be called the Nee-kay aircraft of the Nie-key aircraft.. I think a certian US Corporation would be upset if it was called the latter.. LOL..



Aiming High and going far..
User currently offlineFlySSC From United States of America, joined Aug 2003, 7411 posts, RR: 57
Reply 14, posted (8 years 4 months 2 weeks 2 days 3 hours ago) and read 13629 times:

Quoting DeltaFFinDFW (Reply 3):
However in a newspaper interview published yesterday, Finance Minister Giorgos Alogoskoufis said that the Olympic brand name — which enjoys a global reputation — could stay.

Well, consideing the kind of reputation that the "Olympic" name enjoys ... They should take the opportunity to change everything completely !


User currently offlineUSADreamliner From , joined Dec 1969, posts, RR:
Reply 15, posted (8 years 4 months 2 weeks 2 days 2 hours ago) and read 13124 times:

Maybe they should copy SN Brussels Airlines, and name it OA Athens Airlines!  Wink  Wink


Olympic is a good name, they should keep it.

USADremliner Big grin


User currently offlineCV990 From , joined Dec 1969, posts, RR:
Reply 16, posted (8 years 4 months 2 weeks 2 days 1 hour ago) and read 13064 times:

Hi!

This is getting insane!!!! Those politics don't know what to discuss and they start to "invent"!!! What is wrong with OLYMPIC???? If this takes this way we shortly have:

BA passes to Big Ben Airlines
AF passes to Eiffel Airways
IB passes to Real Madrid Express
TP passes to Grilled Sardines International Airways
AZ passes to Air Coliseum
LX passes to Fondue Air

And etc. etc. etc.
regards


User currently offlineLewis From Greece, joined Jul 1999, 3629 posts, RR: 5
Reply 17, posted (8 years 4 months 2 weeks 2 days 1 hour ago) and read 12834 times:

Quoting CV990 (Reply 16):
This is getting insane!!!! Those politics don't know what to discuss and they start to "invent"!!! What is wrong with OLYMPIC????

I like the name Olympic but it does not have a very good reputation both in Greece and international. They might need a new name if they do not want the new airline to be 'tainted' from launch.


User currently offlineCtbarnes From United States of America, joined Mar 2000, 3491 posts, RR: 50
Reply 18, posted (8 years 4 months 2 weeks 2 days 1 hour ago) and read 12813 times:

The article states the name 'Olympic' will probably stay.

Airlines with dreadful reputations can be repaired, witness the example of British Airways. It takes time, a bit of investment and committed management to pull it off.

Perhaps Pantheon's first act should be to hold a seance to conjur the ghost of Aristotle Onassis.  Big grin

Charles, SJ



The customer isn't a moron, she is your wife -David Ogilvy
User currently offlineCY319 From Cyprus, joined Apr 2006, 396 posts, RR: 12
Reply 19, posted (8 years 4 months 2 weeks 2 days ago) and read 12317 times:

PAN as a word means 'everything' in greek
PAN as a prefix means 'all,whole'
THEO means 'god'

so...PANTHEON= all gods. this term refers to the 12 greek gods.

in my opinion, it s a bad decision to rebrand 'olympic' as 'pantheon'.
it is obvious that this word will cause confusion to the foreign public as
non-greek speakers are unable to understand the meaning of the word.

i d suggest a name like 'olympian' , 'air olympic' which can be directly linked with greece and can be understood easily by foreigners.



wanna be travel buddies ,sex buddies .. or both ?
User currently offlinePA110 From United States of America, joined Dec 2003, 2002 posts, RR: 23
Reply 20, posted (8 years 4 months 2 weeks 1 day 22 hours ago) and read 11679 times:
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Better to call it Herculean Airways, because of the effort it will take to get this airline to stay in the air on its own - without the support of the Greek government.


It's been swell, but the swelling has gone down.
User currently offlineCYatUK From United Kingdom, joined Apr 2006, 810 posts, RR: 0
Reply 21, posted (8 years 4 months 2 weeks 1 day 22 hours ago) and read 11633 times:

The name "Olympic" WILL return in either "Olympic Airlines" or "Olympic Air".

According to the Greek Finance Minister, Olympic Airways (as it is today) has to cease operations and the aid received from the government will be returned.

In the meantime, the fleet and operations will be transfered to a TEMPORARY airline "Pantheon" until the process of bankruptcy of existing Olympic is finished.

At this stage the name "Olympic" will be owned by today's owner i.e. the government.

Finally, the government (as the name owner) will use the name and also provide 30% of the funds to create the new "Olympic Air" that will take the operations from Pantheon.

The government plans to have a maximum 30% stake in the new company with the rest 70% being private finance.

The new company is expected to have approximately 30-33 planes (40 today) and 2500 - 3500 staff (7000 today).



CY@Uk
User currently offlineStirling From Italy, joined Jun 2004, 3943 posts, RR: 21
Reply 22, posted (8 years 4 months 2 weeks 1 day 22 hours ago) and read 11562 times:

Quoting CY319 (Reply 19):
i d suggest a name like 'olympian'

I like that too.

Quoting Ctbarnes (Reply 18):
Perhaps Pantheon's first act should be to hold a seance to conjur the ghost of Aristotle Onassis

I don't like that though.



Delete this User
User currently offlineCommavia From United States of America, joined Apr 2005, 11559 posts, RR: 61
Reply 23, posted (8 years 4 months 2 weeks 1 day 22 hours ago) and read 11542 times:

Quoting CYatUK (Reply 21):
The name "Olympic" WILL return in either "Olympic Airlines" or "Olympic Air".

According to the Greek Finance Minister, Olympic Airways (as it is today) has to cease operations and the aid received from the government will be returned.

In the meantime, the fleet and operations will be transfered to a TEMPORARY airline "Pantheon" until the process of bankruptcy of existing Olympic is finished.

At this stage the name "Olympic" will be owned by today's owner i.e. the government.

Finally, the government (as the name owner) will use the name and also provide 30% of the funds to create the new "Olympic Air" that will take the operations from Pantheon.

The government plans to have a maximum 30% stake in the new company with the rest 70% being private finance.

The new company is expected to have approximately 30-33 planes (40 today) and 2500 - 3500 staff (7000 today).

What a convoluted mess. A sad state of affairs.


User currently offlinePhantomphixer From Greece, joined May 2005, 18 posts, RR: 0
Reply 24, posted (8 years 4 months 2 weeks 1 day 22 hours ago) and read 11504 times:

Quoting Lhstr (Reply 11):
Why doesn't the Greek government just let Olympic die?

Well, OA employs about 6500 people. If you were fired or your husband/sister/whatever was fired by the government would you vote for that government again?
They call that the 'political cost' and it looks like it out-weights all others.

Not to mention all the other side effects...



Hellenic Aviation Enthusiasts Society "Air-Born"
25 Post contains links and images COA735 : Are they going to alter their livery? View Large View MediumPhoto © Anton Balakchiev - BGspotters Boring.....
26 Lewis : They may as well keep it if, in the end, the word Olympic stays in the name.
27 RobTrent : pantheon PAN-thee-on; -uhn, noun: 1. A temple dedicated to all the gods; especially (capitalized), the building so called at Rome. 2. The collective g
28 FLY2LIM : Not that this would matter much to the greeks, but the word "panteon" in Spanish (spelled in Spanish) is the word used for cemetery. Sort of like the
29 ClipperNo1 : A horse with a broken leg, remains a horse with a broken leg, even you change its name.
30 CY319 : according to the BUSINESS PLAN of the new airline (as it was published in a greek newspaper): 1. 100% of the fleet will consist of leased aircraft 2.
31 Codeshare : How ironic, there is a saying in Polish "Panteon Slawy" which basically means "Hall Of Fame". KS/codeshare
32 Raivavae : i am taking the opportunity that many greeks are reading this topic, to ask if they have any info regarding Mediterranean air freight, as it is not ea
33 Adriaticus : Someone in the marketing department better get to do some work. As FLY2LIM already pointed out, for most Spanish-speaking Latin-American countries, "p
34 Lewis : Helios is a Cypriot airline, not Greek. I don't see how it could be associated with a new greek airline. On the other hand, you have a good point abo
35 Post contains images Olympic707 : My question is: What will happen to OA's newer aircraft i.e. A340s & 717s? More A340s i.e. A340-600? Will the new company retain OA pilots and mainte
36 Olympicbis : Olympian Skies ? Why not...
37 Post contains images CY319 : i havent read anything about SYD/MEL. afterall, i think that the new airline will open routes with profit potentials. SYD/MEL even with great loaf fa
38 Lewis : I do not think that any of OA's routes can support an A346. The day I see one in OA colours, I will have seen everything! I was surprised that BWI wa
39 Post contains images Jbguller : *sigh* I think someone within the company misread what the name was meant to be! obviously its meant to mean 'all good' which is a common saying...wh
40 Post contains images TS-IOR : Imagine Air Couscous for Tunisair and Air Kabab for Turkish Airlines
41 Kaitak : Isn't the Pantheon in Paris the place where all the great and good of France - Napoleon, Victor Hugo, etc. are buried? I guess it's a bit odd that we'
42 Lewis : Check reply 21. The idea is to completely shut down and relaunch. Capital will mostly come from private investors. I think it will draw some interest
43 FLY2LIM : While I know the difference between Cyprus and Greece, I do admit that I automatically associated Helios with Greece, which may shed light into my th
44 COA735 : Sure it would. The JFK or JNB routes seem ideal for a 346.
45 Post contains images Olympic707 : The A346 could be used for the long haul routes they have now and the new planed routes. BWI is trying to attract more international airlines. The Ba
46 Breiz : Yes, and the name is borrowed from the Greek language. As explained in replies 9, 17 and 27, it fits the purpose in this particular case.
47 FlySSC : Well, The Emperor Napoleon's tomb is under the Dome of the Invalides. Not in the "Pantheon". But you are right. The Pantheon (located in the 5th Arro
48 CYatUK : I do not this this is feasible as it will be easily confused with Hellas Jet that was set up 3 years ago but performs only chartered flights at the m
49 Post contains images ElVen : Well, PANTHEON will be the vehicle company that will carry Olympic brand. It had been leaked to press that two high profile ship owners will own 60% o
50 MGA : In Nicaragua, PANTHEON is another word for cemetary... not a good conection (flying cemetary) MGA
51 Post contains images ElVen : No good at all. Although the brand name of the airline will remain Olympic ....(something). With the exeption of the A343 and B717 the 37 aircraft st
52 Olympicbis : If they are to keep the A340s and supplement them with A332s, wouldn't it be reasonable to get rid of their 737s and go for a mix of A319s/ A320s ? Th
53 Post contains images ElVen : Olympic had historically being an operator of both Airbus and Boeing equipment. They introduced Airbus in the early 80s operating a strong A300 fleet
54 Post contains links Sangas : The Greek government is planning to rebrand troubled flag carrier Olympic Airlines as Pantheon Airways from the winter season, as it continues its bat
55 VV701 : I am a little confused. Perhaps some of the reports that are quoted above are more speculative than they sound. For example: does not seem to jibe wel
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