19 OCTOBER 2009

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Article from BTNews 19 OCTOBER 2009

Olympic Air Inauguration

OLYMPIC AIR held an inauguration ceremony In Athens last Thursday (15 October), inviting some 9,000 people to celebrate the beginning of a new chapter in Greek aviation.  Olympic Air is a new privately owned airline in Greece after Olympic Airlines ceased operations in late September.  The new carrier is 45% owned by the Marfin Investment Group (MIG), one of the largest investment companies in South-East Europe, has investments in healthcare and banking as well as aviation in the region.  Olympic Air has Antonis Simigdalas as Chief Executive Officer and Thanos Pascalis is Chief Operating Officer, both ex-Aegean senior executives. The airline operates Airbus and Bombardier DHC-8 aircraft on European and domestic routes. Also see ERA below www.olympicair.com

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