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breiz
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Olympic To Become Pantheon Airways

Mon Apr 17, 2006 6:29 am

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.
 
MaartenV
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RE: Olympic To Become Pantheon Airways

Mon Apr 17, 2006 7:28 am

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...
 
CXA330300
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RE: Olympic To Become Pantheon Airways

Mon Apr 17, 2006 10:12 am

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.
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deltaffindfw
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RE: Olympic To Become Pantheon Airways

Mon Apr 17, 2006 10:50 am

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.
 
ZRH
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RE: Olympic To Become Pantheon Airways

Mon Apr 17, 2006 11:00 am

How sad. I think Olympic is a perfect name for a Greek airline.
 
Floris
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RE: Olympic To Become Pantheon Airways

Mon Apr 17, 2006 11:04 am

Obviously it is code name. The trade name Olympic will stay.
 
lewis
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RE: Olympic To Become Pantheon Airways

Mon Apr 17, 2006 11:35 am

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

Mon Apr 17, 2006 12:00 pm

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.
 
lewis
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RE: Olympic To Become Pantheon Airways

Mon Apr 17, 2006 12:07 pm

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.
 
SNATH
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RE: Olympic To Become Pantheon Airways

Mon Apr 17, 2006 12:08 pm

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
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PM
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RE: Olympic To Become Pantheon Airways

Mon Apr 17, 2006 5:46 pm

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...
 
LHSTR
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RE: Olympic To Become Pantheon Airways

Mon Apr 17, 2006 6:03 pm

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]
 
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LTU932
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RE: Olympic To Become Pantheon Airways

Mon Apr 17, 2006 6:04 pm

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.
 
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ERJ170
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RE: Olympic To Become Pantheon Airways

Mon Apr 17, 2006 8:29 pm

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..
 
FlySSC
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RE: Olympic To Become Pantheon Airways

Mon Apr 17, 2006 9:15 pm

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 !
 
USADreamliner
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RE: Olympic To Become Pantheon Airways

Mon Apr 17, 2006 10:25 pm

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
 
CV990
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RE: Olympic To Become Pantheon Airways

Mon Apr 17, 2006 10:33 pm

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
CV990, the Maserati of the skies!
 
lewis
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RE: Olympic To Become Pantheon Airways

Mon Apr 17, 2006 11:01 pm

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.
 
ctbarnes
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RE: Olympic To Become Pantheon Airways

Mon Apr 17, 2006 11:03 pm

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
 
cy319
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 12:17 am

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 ?
 
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PA110
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 1:57 am

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.
 
CYatUK
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 2:05 am

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
 
stirling
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 2:12 am

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
 
commavia
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 2:15 am

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.
 
Phantomphixer
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 2:26 am

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"
 
COA735
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 3:30 am

Are they going to alter their livery?


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lewis
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 4:00 am

Quoting COA735 (Reply 25):
Are they going to alter their livery?

They may as well keep it if, in the end, the word Olympic stays in the name.
 
RobTrent
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 4:13 am

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 gods of a people; as, a goddess of the Greek pantheon.
3. A public building commemorating and dedicated to the famous dead of a nation.
4. A group of highly esteemed persons.

Regards
R
T7 - You know it makes sense !
 
FLY2LIM
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 4:39 am

Quoting CXA330300 (Reply 2):
Do you mean Parthenon? The Pantheon is in Rome, Italy.



Quoting Lewis (Reply 6):
Hopefully the name will stay. Pantheon just doesn't sound right (it has nothing to do with Parthenon btw, its a greek word though).



Quoting SNATH (Reply 9):
Pantheon literally translates to All Gods. So, it's not really that odd...

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 old rumour about the Chevy Nova and the fact it meant "it doesn't run" in Spanish. Just a thought ...

FLY2LIM
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clipperno1
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 5:03 am

A horse with a broken leg, remains a horse with a broken leg, even you change its name.
"I really don't know one plane from the other. To me they are just marginal costs with wings."� Alfred Kahn, 1977
 
cy319
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 5:20 am

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. personnel wont exceed 2000 persons
3. emphasis will be put on international routes leaving much space in the domestic market
4. long-haul network will expand
5. potential new destinations are: delhi, beijing, chicago, tunis, tripolis
wanna be travel buddies ,sex buddies .. or both ?
 
codeshare
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 5:45 am

How ironic, there is a saying in Polish "Panteon Slawy" which basically means "Hall Of Fame".

KS/codeshare
How much A is there is Airliners Net ? 0 or nothing ?
 
raivavae
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 6:33 am

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 easy to get some on the internet. ( I might fly for them soon), routes flown, expension, benefits?
thanks
 
adriaticus
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 7:10 am

Someone in the marketing department better get to do some work. As FLY2LIM already pointed out, for most Spanish-speaking Latin-American countries, "panteón" is a synonym of cemetery. See also RobTrent's definition #3 in Post #27.

For the sake of the new experiment, I do hope the word "Olympic" remains; Helios crash is still too recent to dissociate from a Greek airline whose name invokes death in the minds of 250 million people.

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lewis
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 10:16 am

Quoting Adriaticus (Reply 33):
For the sake of the new experiment, I do hope the word "Olympic" remains; Helios crash is still too recent to dissociate from a Greek airline whose name invokes death in the minds of 250 million people.

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 about Spanish-speaking customers. It would be a disaster!

Quoting CY319 (Reply 30):

If the government is already considering new destinations like Delhi and Beijing, does this mean that SYD/MEL will be relaunched?

[Edited 2006-04-18 03:19:37]
 
olympic707
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 11:45 am

Quoting CY319 (Reply 30):
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. personnel wont exceed 2000 persons
3. emphasis will be put on international routes leaving much space in the domestic market
4. long-haul network will expand
5. potential new destinations are: delhi, beijing, chicago, tunis, tripolis

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 maintenance staff?
Will the new "OA" fly to more US destinations, i.e. BWI?

Yanni  Big grin
Fly Olympic - Aviation GREEK STYLE!
 
olympicbis
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 4:41 pm

Olympian Skies ? Why not...
 
cy319
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 7:05 pm

Quoting Lewis (Reply 34):

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 factors were loss making routes for OA.

Quoting Olympic707 (Reply 35):

i have no idea.  Smile

Quoting Olympicbis (Reply 36):

great idea. i had come up with the name 'olympian'. your idea to add 'skies' is good.
wanna be travel buddies ,sex buddies .. or both ?
 
lewis
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 8:45 pm

Quoting Olympic707 (Reply 35):

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 was not mentioned as a new destination as opposed to Delhi (I still don't get WHY Delhi from all possible destinations). I remember reading a while back that BWI was trying to attract OA to launch flights for this route.
 
jbguller
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 10:51 pm

Quoting CY319 (Reply 19):
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.

*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...whatever greek is for good. Big grin

Anyway, whatever happened to the concept that came out a while back of changing Olympic into Athens Airways?
 
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TS-IOR
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RE: Olympic To Become Pantheon Airways

Tue Apr 18, 2006 11:40 pm

Imagine Air Couscous for Tunisair and Air Kabab for Turkish Airlines  Wink
Next flight TUN-YUL Tunisair A330-243.
 
kaitak
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RE: Olympic To Become Pantheon Airways

Wed Apr 19, 2006 12:14 am

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're thinking about the name. After all, the name isn't what going to cause problems, but the financial issues. Will it have the financial resources to survive, will it herald a new attitude to inflight service (indeed, ground service too) and perhaps more importantly, where it this money going to come from?
 
lewis
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RE: Olympic To Become Pantheon Airways

Wed Apr 19, 2006 12:23 am

Quoting Kaitak (Reply 41):

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 as long as a viable business plan is presented.
 
FLY2LIM
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RE: Olympic To Become Pantheon Airways

Wed Apr 19, 2006 1:14 am

Quoting Lewis (Reply 34):
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 about Spanish-speaking customers. It would be a disaster!

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 theory that a name like "Pantheon" would be poorly received by Spanish speakers.
Remember, the average customer doesn't know much about Greek mythology, about Geography, and certainly not about the meaning of words. The average customer (in Spanish speaking countries) would think of such an airline as "cemetery airlines" and stay away.

FLY2LIM
Faucett. La primera linea aerea del Peru.
 
COA735
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RE: Olympic To Become Pantheon Airways

Wed Apr 19, 2006 1:48 am

Quoting Lewis (Reply 38):
I do not think that any of OA's routes can support an A346.

Sure it would. The JFK or JNB routes seem ideal for a 346.
 
olympic707
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RE: Olympic To Become Pantheon Airways

Wed Apr 19, 2006 2:16 am

Quoting Lewis (Reply 38):
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 was not mentioned as a new destination as opposed to Delhi (I still don't get WHY Delhi from all possible destinations). I remember reading a while back that BWI was trying to attract OA to launch flights for this route.

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 Baltimore area has a large Greek population,  bigthumbsup  that can fill a A340 seats fast during the peak months. OA can also fly BWI-JFK-ATH, that is where a A346 will work very well.  yes  I know a lot of Greeks that would like to avoid JFK, because it is a long ride They rather take an hour ride to IAD and fly BA, LH, or AZ.
I rather fly with OA, so I really have no choice but fly to JFKBig grin


Yanni
Fly Olympic - Aviation GREEK STYLE!
 
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breiz
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RE: Olympic To Become Pantheon Airways

Wed Apr 19, 2006 3:27 am

Quoting Kaitak (Reply 41):
Isn't the Pantheon in Paris the place where all the great and good of France - Napoleon, Victor Hugo, etc. are buried?

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.
 
FlySSC
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RE: Olympic To Become Pantheon Airways

Wed Apr 19, 2006 4:39 am

Quoting Kaitak (Reply 41):
Isn't the Pantheon in Paris the place where all the great and good of France - Napoleon, Victor Hugo, etc. are buried?

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 Arrondissement of Paris) is the place where famous French Heroes are burried (Mirabeau, Voltaire, Rousseau, V.Hugo, E.Zola, J.Jaures, Jean Moulin, A.Dumas, Marie Curie, etc ...).

Back to the Topic, why not calling it Hellas Airways , or something like this ?
 
CYatUK
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RE: Olympic To Become Pantheon Airways

Wed Apr 19, 2006 6:37 am

Quoting FlySSC (Reply 47):
Back to the Topic, why not calling it Hellas Airways , or something like this

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 moment.

To be honest, I can't see any problem with the name of the interim airline provided that it only remains for a limited period until the new company is set up.

However, considering that the whole project will be programmed / led by the government, I wouldn't be feeling too confident that everything will go as planned.

The other problem is to find investors willing to buy 70% of the new company.
CY@Uk
 
ElVen
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RE: Olympic To Become Pantheon Airways

Wed Apr 19, 2006 6:38 am

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% of PANTHEON, the rest will remain with the ministry of finance.
PANTHEON will undertake all the flying activity, it will not run the Olympic technical base or the ground operations.

As far as the fleet is concerned, the 4 A343 most likely will stay and might be complemented with 2 A332 to cover existing and new medium range destinations in order to free the A343 from the ATH-LHR route and allow increased transatlantic frequency especialy for the summer.

Short haul flights will be covered by the ATR's and an increased number of 737's which will remain as the backbone fleet of the company.

ElVen  Cool