Olympus Airways

Olympus Airways SA
IATA code :	-
ICAO code :	OLY
Call sign :	OLYAIR
Founding:	2015
Seat:	Athens , Greece
Fleet size:	5
Aims:	worldwide charter flight
Website:	www.olympusairways.gr

Olympus Airways is a Greek ACMI charter airline based in Athens .

history

Olympus Airways was founded in October 2015 and commenced flight operations shortly afterwards with a leased Boeing 737-500 on charter flights from Germany. In the period that followed, a collaboration was also entered into with the virtual Italian airline PeopleFly in order to carry out charter flights across Europe and to North Africa for the latter. In early March 2016, the only Boeing 737-500 left the Olympus fleet to be replaced by an Airbus A319-100 in the same month . However, since Olympus Airways had communicated January as the date of operation of the A319 to PeopleFly instead of March, there were delays that resulted in the Italian company having to postpone the start of its flight connections three times and ultimately breaking off the cooperation with Olympus Airways.

An Airbus A319-100 (SX-BHN) operated by Olympus Airways operated for Wings of Lebanon at Stockholm / Arlanda Airport, summer 2017

Olympus Airways then chartered ACMI for various airlines. In May 2017, the existing fleet of two Airbus A319-100s and two Airbus A321-200s was expanded to include a first Airbus A320-200 .

In summer 2018 there were irregularities in the flight operations of Olympus Airways; Not only were travelers repeatedly faced with long delays on flights from various German airports to destinations in the Canary Islands, flights were also canceled. As a result, the Kaarst- based company Involatus , which operates as a charter broker and which chartered a large part of Olympus Airways aircraft and resold the seat contingents to tour operators, terminated its cooperation with the airline from September of the same year. Olympus Airways responded by suspending Involatus flights on August 21, 2018 - before the terminated contract expired. In this regard, the Greek airline stated that Involatus had not made payments and that outstanding amounts of around 4.2 million euros had accumulated.

Towards the end of April 2019, it was communicated that two Airbus A330s would soon be deployed . The plans not only remained unrealized, the two Airbus A320-200s that had previously been introduced into the fleet had already left the fleet here. Furthermore, the number of A319s was reduced to one machine.

At the beginning of December 2019, Olympus Airways received the first of two Boeing 757-200PCF cargo aircraft . The remaining passenger fleet, consisting of three Airbus A321-200s, was inactive at this time for maintenance reasons.

Destinations

The company operates in the worldwide ACMI charter traffic. In addition to serving European customers, Olympus Airways has in the past also been active in the emirate of Kuwait, the Congo, Lebanon, Iran and the Ukraine.

fleet

Current fleet

As of March 2020, the Olympus Airways fleet consists of five aircraft with an average age of 23.8 years:

Aircraft type	number	Aircraft registration	Seats (Economy)	Remarks
Passenger planes
Airbus A321-200	3	SX-ABQ	220	all inactive for maintenance
		SX-ABY
		SX-ACP
Cargo planes
Boeing 757-200PCF	2	SX-ABQ	-	Freighters converted from passenger aircraft by Precision Conversions ; all inactive for maintenance	operated for Cygnus Air
		N663AM			still under renovation
total	5

Former aircraft types

In the past, Olympus Airways also operated Airbus A319-100 and Airbus A320-200 aircraft and a Boeing 737-500 .

See also

• List of airlines

Web links

Commons : Olympus Airways  - collection of images, videos and audio files

• Olympus Airways website (English)

Individual evidence

1. ↑ ^{a b} Designators for Aircraft Operating Agencies, Aeronautical Authorities and Services . Doc 8585, 183rd edition. International Civil Aviation Organization , 2018, ISBN 978-92-9258-363-7 , ISSN  1014-0123 , 1-74 (English, French, Spanish, Russian, Arabic, Chinese).
2. ↑ Greece's Olympus Airways secures AOC, prepares for service. In: ch-aviation . ch-aviation GmbH, October 27, 2015, accessed on March 24, 2020 (English). 
3. ↑ Greece's Olympus Airways secures Italian charter contract. In: ch-aviation . ch-aviation GmbH, January 31, 2016, accessed on March 24, 2020 (English). 
4. ↑ Greece's Olympus Airways adds maiden Airbus to its fleet. In: ch-aviation . ch-aviation GmbH, March 17, 2016, accessed on March 24, 2020 (English). 
5. ↑ Italy's PeopleFly cuts ties with partner Olympus Airways. In: ch-aviation . ch-aviation GmbH, April 2, 2016, accessed on March 24, 2020 (English). 
6. ^ Maiden A320-200 delivered to Greek ACMI specialist Olympus. In: ch-aviation . ch-aviation GmbH, May 10, 2017, accessed on March 24, 2020 (English). 
7. ↑ Stefan Eiselin: Tour operator angry with Olympus Airways. In: aeroTELEGRAPH. August 9, 2018, accessed March 24, 2020 . 
8. ↑ Laura Frommberg: Olympus Airways lets passengers sit. In: aeroTELEGRAPH. August 24, 2018, accessed March 24, 2020 . 
9. ↑ Stefan Eiselin: Serious allegations against Olympus Airways. In: aeroTELEGRAPH. August 25, 2018, accessed March 24, 2020 . 
10. ↑ Jan Gruber: Involatus and Olympus argue, passengers stay on the ground. In: AviationNetOnline. September 3, 2018, accessed March 24, 2020 . 
11. ↑ Greece's Olympus Airways set to add widebody capacity. In: ch-aviation . ch-aviation GmbH, April 29, 2019, accessed on March 24, 2020 (English). 
12. ↑ Greece's Olympus Airways adds first B757 freighter. In: ch-aviation . ch-aviation GmbH, December 17, 2019, accessed on March 24, 2020 (English). 
13. ^ Olympus Airways - Airline Information . In: ch-aviation . ch-aviation GmbH, accessed on March 24, 2020 (English).