Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Aircraft and finance. Brussels greenlights Aegean for Olympic's acquisition: "It would be forced to leave the market in any event"

Brussels, Belgium - A 72-million-Euro operation

The European Commission has cleared the proposed acquisition of Olympic Air by Aegean Airlines, both Greek air carriers, under the EU Merger Regulation. Brussels' in-depth investigation has shown that Olympic Air would be forced to exit the market in the near future due to financial difficulties if not acquired by Aegeanleaving the latter as the only significant domestic service provider, which would...

AVIONEWS - World Aeronautical Press Agency - 1155788
Rome, Italy, 10/14/2013 19:39
AVIONEWS - World Aeronautical Press Agency

Similar

Civil aviationITA-Lufthansa (2): do the Euro-elections hinder marriage?

The vote in June will impose a new political vision on the dossier

The elections for the European Parliament, scheduled for 6 to 9 June 2024, could hinder the marriage of the two national airlines, the Italian ITA Airways and the German Lufthansa. Due to the electoral... more

AirlinesScandinavian airline SAS joins SkyTeam

Accession agreement signed as part of rescue procedure

The formal agreement to join the SkyTeam alliance has been signed by the national carrier Scandinavian Airlines (Sas). The announcement was made in the last few hours by the air carrier's management. It... more

Civil aviationFirst flight of the Airbus "Racer" helicopter

Tested the maneuverability of the prototype aircraft

First flight of the "Racer" helicopter prototype developed by the European manufacturer Airbus Helicopters. The Group announced it. The technology demonstrator, called Rapid And Cost-Efficient Rotorcraft,... more