A very interesting topic. It seems as though Greece is facing the same sort of problems with OA
that the Caribbean nations have had with their respective airlines (BW and JM
, also DCA
of Curacao and Air Aruba). The countries are all trying to hold on to patrimony and pride with the airlines but they proceed to lose lots of money in doing so. Witness the renewed State involvement in both JM
now. Could the same thing also happen to OA
if it floundered once privatized? Then of course the Greek Government could be fined by the EU - a no-win situation. There is no similar body in the Caribbean to penalize Governments who offer aid packages to their airlines.
The trouble is, the geography of Greece makes it essential that air links are kept active - with so many islands scattered over a large area the need to keep business, tourism and ordinary peoples' lives going mandates an airline policy which may be different from, say, Germany or Austria, which are essentially fully contiguous entities.
BTW, Stelios of easyjet is Cypriot, not Greek, if I remember correctly.