Very sad because this company used to fly to YUL and now......THERE GONE!
Photo © Alex G.-Denicourt - Contrails Aviation Photography
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|Quoting Amy (Reply 3):|
You think? What if BA were renamed 'London'?
|Quoting MD90fan (Reply 16):|
Who will acquire the 717's that is if there is any left
|Quoting Stirling (Reply 23):|
From the above website:
According to information about the new air carrier:
It will be smaller than the current company.
Domestic and European flights will probably be reduced.
The fleet will be made up of approximately 30 planes (as opposed to 40 owned currently) Apart from the flight department, the new company will include the technical base and ground handling activities, which had been separated two years ago.
The number of employees will be reduced by approximately 50%. The extra staff will either depart through the voluntary redundancy scheme or be transferred to other public services.
It will start operating sometime between of 26 March and the beginning of April 2006.
The tickets that have already been sold are valid, while all the flights will be performed as normal.
The new name will contain the term Olympic, with possible names being Olympic Air, Air Olympic or Olympic Aviation (in Greek). The 5-circle logo will be retained in all cases.
The new company will start from zero, with a new business plan, new administration, new capitals and new labour relations.
The public sector’s participation will be between 33% and 49%, while the majority of the capitals and the management will come from the private sector.
The European Union considers the plan for the new company compatible in principle.
The casual observer will never know the difference.
|Quoting Jetdeltamsy (Reply 5):|
I would imagine the new corporate entity will be staffed and managed by the same people who ran Olympic.
|Quoting Hirnie (Reply 34):|
I think the new "Olympic" will end up just like Swiss...more money to be wasted,and for what reason? For "one of the best liveries in the world"?
|Quoting Brilondon (Reply 30):|
I hope they keep the people who can run an airline, and get rid of those whose decisions ran the company into the ground.
|Quoting Nwafflyer (Reply 22):|
Is this the airline that Onassis used to own?
|Quoting JoKeR (Reply 29):|
JAT should not be too far behind unfortunately...
|Quoting Olympicbis (Reply 37):|
If this happens as it should have already happened long ago, they could succeed. They have always been successful until they fell into the hands of the Greek government.
|Quoting Abrelosojos (Reply 26):|
.. Olympic Airways ... Olympic Airlines ... Olympic Air ... same people running it ... same business model (almost).
|Quoting Hirnie (Reply 34):|
Companies like Olympic and Alitalia are just burning money. I think the new "Olympic" will end up just like Swiss...more money to be wasted,and for what reason?
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