Olympic Air

OLYMPIC AIR is the new name for the reincarnated Olympic Airways, purchased by the Marfin Investment Group, a Dubai-backed Greek investment holding company which paid €177.2m for the assets of the former state-controlled airline.  The new carrier plans to operate a fleet of 16 Airbus A319s and A320s on European and near routes, together with 15 Bombardier Q400 aircraft to be used on domestic and island services.  As things stand the long haul North American operations have been dropped but code-sharing agreements with Delta Air Lines and Etihad Airways will give Olympic passengers access to US and Gulf destinations. www.olympicair.com

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