Olympic Air

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Olympic Air
Olympic Air logo
Olympic Air's De Havilland DHC-8-400
IATA code : OA
ICAO code : OAL
Call sign : OLYMPIC
Founding: 2009
Seat: Athens , GreeceGreeceGreece 
Home airport : Athens-Eleftherios Venizelos Airport
IATA prefix code : 050
Management: Antonis Simigdalas ( CEO )
Frequent Flyer Program : Miles + bonus
Fleet size: 12
Aims: National and international
Website: www.olympicair.com

Olympic Air ( Greek Ολυμπιακή Αεροπορία ) is a Greek regional airline based in Athens and based at Athens-Eleftherios Venizelos Airport . It is a subsidiary of Aegean Airlines . Unlike the original Olympic , however, it is a regional airline.

history

Olympic Air Airbus A320-200 in 2010

Foundation and first years

Olympic Air was founded in 2009 by the Marfin Investment Group . Legally, it is not a successor to Olympic Airlines , but took over parts of it, including the landing rights , the technical infrastructure and the trademark rights .

After the new subsidiaries “Olympic Handling” (ground handling) and “Olympic Engineering” (technology) had already been founded, Olympic Air officially started operations on September 29, 2009 with a significantly thinned route network and significantly reduced staff compared to its predecessor. The corporate design including the well-known logo was adopted, but was slightly revised.

In October 2009, the CEO Antonis Simigdalas announced that the restructured company was already carrying around 10,000 passengers per day and would also offer long-haul connections again within 12 months, but this was not implemented. In addition, he predicted that the company could be in the black from 2012 onwards and that the ground handling area had already achieved this.

On December 6, 2009 Olympic Air was named the official airline of the Greek Olympic Committee up to and including 2012 .

On September 24, 2010, Olympic Air received the “Airline of the Year 2010/11 Silver Award” from the European Regional Airlines Association . Among other things, the airline's rapid rise despite the crisis was praised.

Merger with Aegean Airlines

In February 2010, plans to merge Olympic Air with the Greek Aegean Airlines under the Olympic Air umbrella brand were prohibited by the European Commission due to an expected monopoly . Another attempt in October 2012 while retaining both brands had better chances thanks to the increased competition in the meantime, for example from Cyprus Airways, and now significantly different route networks. In October 2013, the European Commission finally approved the merger. On October 23, 2013, Olympic Air was therefore taken over by Aegean Airlines from the Marfin Investment Group for a total of 72 million euros and will henceforth be run as a subsidiary of Aegean.

In the spring of 2013, Olympic Air began decommissioning its four aircraft from the Airbus A320 family , as De Havilland DHC-8 will only serve regional routes in the future.

Destinations

As a regional airline, Olympic Air serves a dense network of destinations within Greece .

Codeshare

The regional airline, which specializes in domestic flights, has currently agreed on codeshares with two companies .

fleet

Olympic Air's De Havilland DHC-8-100

As of March 2020, the Olympic Air fleet consists of twelve aircraft with an average age of 12.2 years:

Aircraft type number ordered Remarks Seats
ATR 42-600 2 48
De Havilland DHC-8-100 2 37
De Havilland DHC-8-400 8th 78
total 12 -

See also

Web links

Commons : Olympic Air  - collection of pictures, videos and audio files

Individual evidence

  1. airliners.net - Photo of an Airbus A320-200 from Olympic Air (English)
  2. atwonline.com - New Olympic Air takes off (English) retrieved 12 October 2009
  3. airliners.de - Aegean Airlines and Olympic merge, February 22, 2010
  4. European Commission - Merger control: Commission prohibits merger of Aegean Airlines and Olympic Air
  5. aerotelegraph.com - Aegean to buy Olympic, October 22, 2012
  6. aero.de - Aegan and Olympic may merge, October 9, 2013
  7. ch-aviation - Olympic Air now an Aegean subsidiary; new operations outlined , accessed October 25, 2013
  8. ch-aviation - Olympic Air to retire remaining A319s and A320s by end of March (English), accessed on March 29, 2013
  9. olympicair.com - Network , accessed on May 9, 2017
  10. ^ Olympic Air Fleet Details and History. In: planespotters.net. Retrieved March 3, 2020 .
  11. olympicair.com - Our Fleet (English), accessed on May 9, 2017