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Will The EU Allow A3 To Buy OA This Time?  
User currently offlinemitris From United States of America, joined Oct 2012, 24 posts, RR: 0
Posted (1 year 8 months 1 week 4 days 5 hours ago) and read 3845 times:

Aegean has requested from the EU to speed up their decision due to losses. http://greece.greekreporter.com/2012.../22/aegean-wants-fast-olympic-bid/

The two airlines will continue to operate under the same brand, and retain its own flight schedules.

I wonder if the EU approves the plan, will Olympic join Star Alliance since it will be owned by A3?


Any thoughts?

11 replies: All unread, jump to last
 
User currently offlineJU068 From Serbia, joined Aug 2009, 2579 posts, RR: 6
Reply 1, posted (1 year 8 months 1 week 3 days 22 hours ago) and read 3658 times:

Well this time around there is Cyprus Airways which has launched some flights within Greece. This means that unlike the last time, in case these two airlines do merge, domestic Greek market will see competition.

User currently offlineEI564 From Ireland, joined May 2007, 373 posts, RR: 0
Reply 2, posted (1 year 8 months 1 week 3 days 20 hours ago) and read 3561 times:

Cyprus Airways has its own financial problems. So hopefully it will pull through the current restructuring.

User currently offlineFI642 From Monaco, joined Mar 2005, 1079 posts, RR: 2
Reply 3, posted (1 year 8 months 1 week 2 days 4 hours ago) and read 3193 times:

It would be nice to see the OA name survive, and fly to North America again.

The EU should grant approval. Given the Financial situation in Greece it would be sensible to
expedite the application.



737MAX, Cool Planes for the Worlds Coolest Airline.
User currently offlinemitris From United States of America, joined Oct 2012, 24 posts, RR: 0
Reply 4, posted (1 year 8 months 1 week 1 day 20 hours ago) and read 3052 times:

Quoting JU068 (Reply 1):

Well this time around there is Cyprus Airways which has launched some flights within Greece. This means that unlike the last time, in case these two airlines do merge, domestic Greek market will see competition.

Cyprus Airways as well as Sky Express and Astra Airlines.

Quoting FI642 (Reply 3):
It would be nice to see the OA name survive, and fly to North America again.

One of the main reasons the two airlines are trying to merge is because of that. Eventually, they will restart flights to JFK and other North American destinations. A3 is already code-sharing with United for flights to Newark, and OA with delta to JFK. Hopefully it won't take too long for either A3 or OA to have their own machines flying to those destinations.


User currently offlineLJ From Netherlands, joined Nov 1999, 4405 posts, RR: 0
Reply 5, posted (1 year 8 months 1 week 1 day 10 hours ago) and read 2833 times:

Quoting mitris (Reply 4):
One of the main reasons the two airlines are trying to merge is because of that. Eventually, they will restart flights to JFK and other North American destinations. A3 is already code-sharing with United for flights to Newark, and OA with delta to JFK.

I hope they're not serious about trying to serve North America from ATH. AFAIK both UA and DL don't serve ATH yearround, thus I think it's safe to conclude that there is currenty no market for TATL flights in the winter.

[Edited 2012-11-25 12:36:26]

User currently offlineBurkhard From Germany, joined Nov 2006, 4387 posts, RR: 2
Reply 6, posted (1 year 8 months 1 week 1 day 9 hours ago) and read 2791 times:

Quoting LJ (Reply 5):
I hope they're not serious about trying to serve North America from ATH. AFAIK both UA and DL don't serve ATH yearround, thus I think it's safe to conclude that there is currentky no market for TATL flights in the winter.

I agree that this would be the beginning of a common end. There are so many connections into any major US airport via FRA/CFG/LHR that there is no money to make having one or two direct connections.


User currently offlineOlympicATH From United Kingdom, joined Jul 2001, 292 posts, RR: 0
Reply 7, posted (1 year 8 months 1 week 1 day 2 hours ago) and read 2597 times:

Quoting mitris (Reply 4):
A3 is already code-sharing with United for flights to Newark, and OA with delta to JFK.
Quoting LJ (Reply 5):
I hope they're not serious about trying to serve North America from ATH. AFAIK both UA and DL don't serve ATH yearround, thus I think it's safe to conclude that there is currenty no market for TATL flights in the winter.

United doesn't fly to Athens anymore, not even in the summer. The route was axed over a year ago.

Delta does fly to Athens but the route is now seasonal (and not even for the whole summer season). Not to mention that they don't fly ATL-ATH anymore (which was always seasonal btw).

While it's true that ATH is not a great market for long-haul, saying that there is no market at all in the winter is extreme. I believe this is the first time since the 60s that Athens doesn't have a year-round flight to New York. Olympic and TWA, then Delta, flew this year-round for decades.


User currently offlineATLFlyer323 From United States of America, joined Jan 2005, 614 posts, RR: 0
Reply 8, posted (1 year 8 months 1 week 1 day 1 hour ago) and read 2569 times:

Quoting OlympicATH (Reply 7):
While it's true that ATH is not a great market for long-haul, saying that there is no market at all in the winter is extreme. I believe this is the first time since the 60s that Athens doesn't have a year-round flight to New York. Olympic and TWA, then Delta, flew this year-round for decades.

While that may be the case, unfortunately you said what you needed to say first. ATH is not an ideal market for long haul, and with the current economic climate I don't see how A3 or OA could generate enough feed to support the flight. They should focus on profitability and the generation of jobs first, they can't afford to waste money on prestigious long haul flights that don't generate profits. Maybe once the economic climate looks better on both sides of the pond things will change.

-ATLFlyer323



Everyday, the fluffy temptation of wheat!
User currently offlinemayor From United States of America, joined Mar 2008, 10351 posts, RR: 14
Reply 9, posted (1 year 8 months 1 week 1 day ago) and read 2521 times:

Quoting OlympicATH (Reply 7):
Olympic and TWA, then Delta, flew this year-round for decades.

And I imagine, PA, also.



"A committee is a group of the unprepared, appointed by the unwilling, to do the unnecessary"----Fred Allen
User currently offlinemitris From United States of America, joined Oct 2012, 24 posts, RR: 0
Reply 10, posted (1 year 8 months 1 week 23 hours ago) and read 2472 times:

Quoting OlympicATH (Reply 7):
Delta does fly to Athens but the route is now seasonal (and not even for the whole summer season). Not to mention that they don't fly ATL-ATH anymore (which was always seasonal btw).

And let's not forget US Airways from Philadelphia during the summer as well.

Quoting LJ (Reply 5):
I hope they're not serious about trying to serve North America from ATH. AFAIK both UA and DL don't serve ATH yearround, thus I think it's safe to conclude that there is currenty no market for TATL flights in the winter.

As of now... But eventually year long direct flights to N. America will restart as soon as this economic mess gets some kind of control. Take example of Turkey. The country went bankrupt a few years ago (no wonder why they do not want to enter the EU anymore), and now Turkish Airlines are doing magnificent. A3 and OA are just taking initial steps.

As OlympicATH said "this is the first time since the 60s that Athens doesn't have a year-round flight to New York". It might take 5 or 10 years, but there's no way ATH will not have year long direct flights to the US and Canada.

[Edited 2012-11-25 22:50:07]

User currently offlineViscount724 From Switzerland, joined Oct 2006, 24917 posts, RR: 22
Reply 11, posted (1 year 8 months 1 week 7 hours ago) and read 2072 times:

Quoting mayor (Reply 9):
Quoting OlympicATH (Reply 7):
Olympic and TWA, then Delta, flew this year-round for decades.

And I imagine, PA, also.

No, PA never had traffic rights at ATH until the last few years of their existence (mid-1980s sometime). The bilateral only permitted one US carrier to Greece until then and the U.S. government assigned those rights to TWA.


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