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Olympic Airlines

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Olympic Airlines
IATA
OA
ICAO
OAL
Callsign
OLYMPIC
Founded April 6, 1957[1]
Hubs Eleftherios Venizelos International Airport, Athens, Greece
Focus cities Thessaloniki International Airport, "Macedonia"
Frequent flyer program Icarus Frequent Flyer Program
Member lounge Olympic Airways "Melina Merkouri", "Aristotle Onassis" lounges
Fleet size 42 (+12 orders)
Destinations 73
Parent company Olympic Airways S.A.: Macedonian Airlines, Olympic Aviation
Headquarters Athens, Greece
Key people Pyrros D. Papadimitriou (Chairman - CEO)
Website: www.olympicairlines.com

Olympic Airlines (Greek: Ολυμπιακές Αερογραμμές, Olympiakés Aerogrammés - OA) is the flag carrier airline of Greece, based in Athens. It operates services to 36 domestic destinations and to 37 destinations world-wide. Its main base is Athens International Airport, with hubs at Thessaloniki International Airport, "Macedonia" and Rhodes International Airport, "Diagoras".[2] By December 2007, the airline employs about 8,500 staff.[3]

Olympic Airways is also accredited by IATA with the IOSA (IATA Operational Safety Audit) for its safety practices.[4]

On March 6th, 2009, the Greek State announced it had reached an agreement to sell the Flight Operations and Technical Base of the Group to Marfin Investment Group, the largest Greek investment fund, thus ending a 35-year period of state ownership.

Contents

[edit] History

The first logo of Olympic, in 1957.

[citation needed]

The origin of Olympic Airways was in 1930, when the first predecessor airline was established. The airline was called Icarus but after just a few months went bankrupt due to financial problems and limited Greek interest in air transport. G.C.A.T./Ε.Ε.Ε.Σ. (Greek Company for Air Transport/Ελληνική Εταιρεία Εναέριων Συγκοινωνιών) took its place. At the same time, in 1935, a second airline was created, the privately owned T.A.E. (Technical and Aeronautical Exploitations/Τεχνικαί Αεροπορικαί Εκμεταλλεύσεις). Soon after the World War II, in 1947, three airlines were based in Greece: T.A.E., G.A.T./ΕΛΛ.Α.Σ. (Greek Air Transport/Ελληνικαί Αεροπορικαί Συγκοινωνίαι) and Hellenic Airlines/Α.Μ.Ε. (Αεροπορικαί Μεταφοραί Ελλάδος).

[edit] Onassis era

The former Olympic Airways logo.

In 1951, the poor financial state of all three airlines led to a decision by the Greek state to merge them into one, TAE Greek National Airlines. The new airline faced serious financial problems so the government closed it down in 1955. There was no interest in buying the airline so the Hellenic State bought the company back. In July 1956 an agreement was made between the Hellenic State and Greek shipping-magnate Aristotle Onassis to sell the company. The company flew under the name T.A.E. until the end of the year and for the first few months of 1957, when, on 6 April 1957, Olympic Airways (Ολυμπιακή Αεροπορία/Olympiaki Aeroporia) was born.

The new company developed rapidly. In 1960 the first jet aircraft of OA entered into service, the De Havilland Comet 4B. At the same time, Olympic and British airline BEA agreed to create the first codeshare flights. Later on, the companies expanded their cooperation. When Hellenic crews had to spend their night in London, British crews would fly the Greek Comets to BEA destinations, and the same with Greek crews and British Comets. On all BEA and OA Comets, there would be a "BEA-OLYMPIC" sign. In 1962 Olympic set a record, flying a COMET 4B from London-Athens in 2 hours and 51 minutes.

In 1965, Olympic placed its first orders for the Boeing 707-320 jet aircraft. The first was delivered in 1966, bearing the name "City of Athens". The nonstop route Athens - New York City (JFK Airport) was the first to be launched. In 1968, the first routes to Africa were launched, with OA operating twice a week the flight Athens-Nairobi-Johannesburg and OA received the first Boeing 727-200 jet aircraft. In 1969, OA launched the route Athens-Montreal-Chicago and phased out the Comet 4Bs.

In 1971, OA purchased the new NAMC YS-11 turboprop aircraft to replace the ageing Douglas DC-3 and Douglas DC-6, used throughout the domestic network of the company. In 1971, Olympic Aviation/Ολυμπιακή Αεροπλοϊα was created, so that the Greek islands could be more efficiently served. In 1972 Greece was linked to Australia for the first time. Olympic operated the route Athens-Bangkok-Singapore-Sydney twice a week with a Boeing 707-320.

Olympic then purchased seven Boeing 720-051B jet aircraft, a derivative of the Boeing 707, and two Boeing 747-200 OA was also interested in the supersonic aircraft BAC-Aerospatiale Concorde. On January 5, 1973, a Concorde landed at Athens International Airport for a demonstration.

[edit] Post-Onassis era

On 22 January 1973, an incident occurred that dramatically changed the future of OA. The death of Aristotle Onassis' son, Alexander, in a plane crash came as a shock to the Greek people and a new phase began for Olympic Airways. A few months later, Onassis sold all of the OA shares to the Greek state and died shortly after (in 1975). In 1976, under state management, OA purchased eleven Boeing 737-200 jet aircraft and created Olympic Catering, which served both OA and foreign airlines. In 1977, in a cost-cutting effort, OA shut down the Australia route, followed by the Canadian one in 1978, when OA also placed orders for four Airbus A300, plus four options.

In 1984, three more B747-200 aircraft were purchased from Singapore Airlines, and the Canada and Australia routes were reopened. A new Olympic Airways Cargo division was created, by converting the Boeing 707-320 "City of Lindos", but the plans were soon abandoned. In 1986, there were strikes at OA, and financial losses mounted.

The company has faced serious financial trouble since the 80s, mostly because of management problems. Greek politicians and their families travelled free on the airline or for token amounts. Greek governments also made Olympic carry the press with a 97% discount. Olympic AirTours (Ολυμπιακή Τουριστική) was created as a subsidiary of OA, which issues tickets not only for OA, but for other airlines as well. Very soon, Olympic AirTours was renamed Macedonian Airlines and reestablished as a charter flight company.

In 1990 a route to Tokyo via Bangkok was launched but Olympic was soon forced to shut it down, despite very high load factors (95%). Olympic purchased seven Boeing 737-400 aircraft in 1991, as well as the advanced version of the A300, the A300-600R. Due to the rising losses and debts, the government decided to formulate a restructuring program in which all debts were erased. This program, as well as all the plans that followed, failed. A few years later, in an attempt to make OA profitable, its management was given to the subsidiary of British Airways, Speedwing. The result was even larger debts and rising losses. In 1999, Olympic purchased four Airbus A340-313X aircraft, to replace the ageing B747-200.

[edit] Olympic Airways to Olympic Airlines

By December 2003, the Olympic Airways Group of Companies owned Olympic Airways (Ολυμπιακή Αεροπορία), Olympic Aviation (Ολυμπιακή Αεροπλοϊα), Macedonian Airlines (Mακεδονικές Αερογραμμές), Galileo Hellas (Γαλιλλαίος Ελλάς), Olympic Fuel Company (Ολυμπιακή Εταιρεία Καυσίμων), and Olympic Into-Plane Company. Olympic Catering had been sold a few months earlier. A company formed in the 80s called Olympic AirTours (Ολυμπιακή Τουριστική) had already been transformed into Macedonian Airlines.[5]

Very soon the losses became excessive, so in 2003 the government restructured the Olympic Airways Group of Companies. The subsidiary, Macedonian Airlines S.A., was renamed Olympic Airlines S.A. and took over the flight operations of Olympic Airways, erasing at the same time all of the airline's debts. The remaining group companies, except for Olympic Aviation (Olympic Airways, Olympic Into-Plane Company, Olympic Fuel Company, Olympic Airways Handling and the Olympic Airways Technical Base), merged and formed a new company, called Olympic Airways - Services S.A.. In December 2004, the Greek government decided to privatize Olympic Airlines, but the sale process ended in failure as none of the buyers were eager to repay the Greek state the almost 700 million euro in state aid declared illegal by the European Commission in December 2005.

In 2005, the Greek Government looked for potential buyers to privatize OA. In April of that year, a short list of potential buyers was submitted that included Aegean Airlines, German LCC DBA and a Greek-American consortium called Olympic Investors.[6] Shortly afterwards Aegean Airlines pulled out, followed by DBA. In September 2005, the Greek government signed a non-binding agreement with Olympic Investors to buy the airline.[7] In an interview, Olympic Investors stated that they were backed by York Capital with 6.5 billion Dollars and assured that OA's workers would not lose their jobs. They stated that OA should continue to operate as an integrated company and that they were not interested in buying just parts of OA. By the end of the year, the offer fell through because the huge fine imposed on the airline by the European Commission had not been dealt with.

According to Greek media, the government planned to relaunch the company in late 2006.[8] The code name for the project was "Pantheon Airways". In June 2006, Greek media reported that "Sabre Aviation Consulting Services" was contracted by the Greek government to find investors, and would develop a business plan for an airline to replace Olympic Airlines, aiming to start operating in autumn 2006. Under this plan the government would be a minority shareholder of the new carrier, which would be run as a private airline. The planned re-launch date passed without anything happening, and the plan was temporarily frozen.

In 2006 O.A. was thrown a life line, when the courts ordered Greece to repay them almost 564 million euro owed to the airline. The money was owed to O.A. from legally subsidized routes to Greek islands and costs of the relocation to the new airport. The money would be used to pay back part of the State aid declared illegal by the European Commission in December 2005.[9] Olympic Airlines re-designed their website to introduce the e-ticket service, launched on July 31 2007, in response to the surge of online booking and online check-ins. The e-ticket service introduction by EDS meant Olympic abolished their old "Hermes" booking system, which had served the company for more than two decades. As of November 2007, the e-ticket service is available on all European and International routes, and on 19 of the airline's 37 domestic routes.[10]

On September 12, 2007, the Luxembourg-based EU court ruled that Olympic should repay a reduced amount of money than the one the EU Commission had ordered. This amount included unpaid taxes on fuel and spare parts, as well as unpaid fees to Athens International Airport. The new amount owed by Olympic was €130 million, as compared with the original €160 million.[11] On that same day Olympic Investors, the Greek-American consortium that was interested in buying Olympic in 2005, stated re-newed interest in buying the airline.[12]

In November 2007, Irish airline Ryanair filed a suit with the European Commission, saying it had not looked into its claims that Olympic had not paid back its debt. On December 01, 2007 transport minister Kostas Hatzidakis announced that the entire Olympic Airways Group debts amounted to 2 billion euro, and that the airline in its present form and size would cease existing in 2008.[13] This was deemed to be the only way for the European Commission to write off the company's debts to the Greek public sector. He stated that Athens was under more pressure to recover the money Olympic owed, because of the Ryanair lawsuit.[3]

Despite all predictions, traffic for Olympic in 2007 increased, carrying a total of 5,977,104 passengers (3,115,521 in domestic and 2,681,583 in international flights) as opposed to approximately 5,500,000 passengers in 2006. It is estimated that OA earned approximately 780 million euro in 2007, 500 of which came from international flights.[14] However, in 2008 due to lack of aircraft Olympic Airlines has cancelled or merged a significant number of flights, about 6,000 according to its own union (as of August 26, 2008). Olympic Airlines officials have declared that this is not the major problem since "after all the income reduction is only 4-5 million euros compared to the initial budget plan". [15]

[edit] Olympic Airlines to Olympic Air

On September 16, 2008 the Greek Government announced a major restructuring, using the "Pantheon Airways" plan to relaunch Olympic as a private airline. Pantheon would operate parallel to Olympic Airlines until April 2009, when Olympic Airlines would be shut down and Pantheon would take over most of its routes. Pantheon would then be renamed using the "Olympic" brand name and the famous six - rings logo. The new Olympic would not be a legal successor to Olympic Airlines or Airways, taking up none of the former employees or assets directly.

On February 2009, an international tender concerning the sale of the three companies and the assets of the Olympic Airlines Group (Flight Operations, Technical Base, Ground Handling Operations) and Pantheon Airways collapsed, as the offers presented by the candidates were deemed not satisfactory by the government. After the collapse of this attempt to sell the company, former Transport Minister Kostis Hatzidakis (now Minister for Development, still handling the O.A. Group sale process) extended an invitation to financial groups to proceed to direct negotiations for the sale of the Group. First to respond was the Marfin Investment Group (MIG), the largest investment fund of Greece, submitting an offer to buy the flight operations and technical base of the Group. Also, Swissport submitted an offer to buy the ground handling operations. After three weeks of negotiations with MIG, on March 4th, 2009, Aegean Airlines and Greek-American consortium Chrysler Aviation, also submitted offers to buy the Group. However, Aegean Airlines' offer was not accepted as the new airline would control over 95% of domestic routes, while the government's financial advisors could not determine whether Chrysler Aviation was in the financial position to support its bid.

On March 6th, 2009, Development Minister Kostis Hatzidakis announced the sale of the flight operations and the technical base companies to MIG. The negotiations with Swissport continued for another week, to facilitate a commercial agreement between MIG and Swissport. However, a deal was not reached and MIG announced it would take over Olympic's ground handling operations as well.[16] As a result, after 35 years of state control and 10 years of failed sale attempts, Olympic will once again become a private corporation. The new owners will secure approximately 4000 of the 8500 jobs of the Group.

As part of its deal with the Greek state, MIG has purchased Pantheon Airways, some of the valuable slots of Olympic Airlines in New York, London, Paris, Rome, Frankfurt, Brussels and Bucharest, as well as exclusive rights to the "Olympic" brand name and the six rings logo. It has also acquired the right to use the two hangars, the cargo unit of Olympic Airways Services and other facilities in Athens International Airport for 25 years.

Olympic Handling, as the new ground handling company is named, commenced its operations on June 29th, and it will be followed by the new technical base company and finally, on October 1st, the new airline, officially renamed Olympic Air.[16] The new name of the company was announced during a tender to modernize and redesign the logo of the new airline.[17] This tender followed a previous one that called for fashion designers to submit their designs for the new uniforms of the airline.

Shortly after the deal was struck, MIG announced the recruitment process for the three new companies, as well as new tenders for the acquisition or lease of new aircrafts.

Olympic Air has ordered 8 new next generation Bombardier Q400 during 2009 Paris Air Show, that are set to get into service in domestic and Balkan routes starting in July 2009. OA also placed options on a further eight of the type.[18][19][20] The company is also set to order 10 new mid-range aircrafts either from Airbus or Boeing.[21]

[edit] Destinations

Olympic Airlines flies to 36 domestic and 37 international destinations throughout 28 countries.[1]

[edit] Fleet

[edit] Current

The Olympic Airlines fleet consists of the following aircraft (at July 2009):[22]

Olympic Airlines Fleet
Aircraft In Service Orders Options Passengers Routes
Haul
Notes
Airbus A320-200 3 0 0 162
168
180
Europe
Short-Medium haul
1 operated by Air Comet
2 operated by Hellas Jet
Airbus A340-300X 4 0 0 295 London, North America, Paris, South Africa
Medium-Long haul
ATR 42-320 7 0 0 50 Domestic, Albania, Bulgaria, Turkey
Short haul
ATR 72-202 7 0 0 68 Domestic, Albania, Bulgaria, Turkey
Short haul
Boeing 737-300 2 0 0 136 Egypt, Europe, Cyprus, Middle East, Turkey
Short-Medium haul
1 operated by Seagle Air
Boeing 737-400 14 0 0 150 Egypt, Europe, Cyprus, Middle East, Turkey
Short-Medium haul
2 stored at WOE
Bombardier Dash 8-102 4 0 0 37 Domestic
Short haul
McDonnell Douglas MD-83 1 0 0 160 Egypt, Europe, Cyprus, Middle East, Turkey
Short-Medium haul
Operated by Sky Wings
Bombardier Dash 8 Q400 0 12 8 TBA Domestic
Short haul
4 leased from Flybe (August 2009-September 2009)[23]
Entry into service: July 2009
Total 42 12 8

[edit] Former fleet

[citation needed]

Olympic Airlines has previously operated the following fleet:

Olympic Airlines/Airways Retired Fleet
Aircraft Total Passengers Routes Notes
Douglas DC-3 14 28 Short haul
Domestic and Balkans
Previously flew with TAE Greek National Airlines)
Douglas DC-4 2 Short and medium haul
Domestic and Europe
Douglas DC-6 13 66 (1958), 95 (1967) Short and medium haul
Domestic and Europe
3 were leased from U.A.T.
DeHavilland Comet 4B 6 147 (1966), 165 (1968) Medium haul
Europe, Middle East
2 leased from BEA (BEA-OLYMPIC)
Boeing 707-320 8 147 (1966), 165 (1968) Long and medium haul
Europe, North America, Africa, Australia
Boeing 717-200 3 105 Short and medium haul
Greece and Europe
2 leased from Bavaria, 1 leased from Pembroke Capital (BOC)
Boeing 720-051B 7 160 Short and medium haul
Domestic, Europe and Middle East
Boeing 727-30 2 Short and medium haul
Domestic, Europe and Middle East
Leased from Boeing
Boeing 727-200 10 146 Short and medium haul
Domestic, Europe and Middle East
1 leased from Safair
Boeing 737-200 15 123 Short and medium haul
Greece and Europe
4 leased from Aviation Sales Company
Boeing 737-300 5 138 Short and medium haul
Domestic, Europe and Middle East
5 leased from Hola Airlines, 1 leased from Boullioun Aviation
Boeing 737-400 5 150 Short and medium haul
Domestic, Europe and Middle East
1 leased from Hola Airlines, 1 leased from Pembroke Capital, 1 leased from Oasis International Leasing, 1 leased from ILFC, 1 leased from GECAS
Boeing 747-100 1 Long haul
North America, Africa, Australia, Asia
Leased from GPA in 1986
Boeing 747-200 5 426 Long haul
North America, Africa, Australia, Asia
1 leased from Air Atlanta for the 2004 Olympic Torch Relay (ARO)
Britten Norman BN2 Islander 15 9 Short haul
Domestic and Island services
Leased
NAMC YS-11 10 64 Short haul
Domestic and Island services
2 leased from NAMC
Dornier Do 228 9 18 Short haul
Domestic and Island services
2 leased from Dornier
Shorts 330 6 30 Short haul
Domestic and Island services
Shorts Skyvan 4 18 Short haul
Domestic and Island services
2 leased
Airbus A300 13 [24] 260 Medium and Long haul
High capacitly European and Doestic
Total 153

[edit] Naming of aircraft

Naming of the aircraft of Olympic Airways (and now Olympic Airlines) is as follows:

Olympic Aircraft Name
Aircraft Category Names
Airbus A300-600 Locations of Greece Athina/Αθήνα, Makedonia/Μακεδονία, Creta/Κρήτη
Airbus A300-B4 Heroes of the Trojan War Nestor/Νέστωρ, Telemachus/Τηλέμαχος, Odysseus/Οδυσσεύς, Achilleus/Αχιλλεύς, Neoptolemus/Νεοπτόλεμος, Peleus/Πηλεύς, Diomedes/Διομήδης, Ajax/Αίας, Idomeneus/Ιδομενεύς
Airbus A340 Historic Locations of Ancient Greece Delphi/Δελφοί, Olympia/Ολυμπία, Marathon/Μαραθών, Epidaurus/Επίδαυρος
ATR 42 Philosophers of Greece Plato/Πλάτων, Socrates/Σωκράτης, Aristotles, Pythagoras
ATR 72 Scientists of Ancient Greece Thales, Hippocrates, Demokritus, Homer, Herodotus, Archimedes
Boeing 707 City-States of Ancient Greece Athens (Πόλις των Αθηνών), Lindos (Πόλις της Λίνδου), Thebes (Πόλις των Θηβών), Pella, Mycenae, Corinth, Knossos, Sparta
Boeing 720 Rivers of Greece Axios River, Strimon River, Acheloos River, Pinios River, Evros River, Aliakmon River, Nestos River
Boeing 717 Constellations Iridanos/Ηριδανός, Kassiopi, Andromeda
Boeing 727 Mountains of Greece Mount Olympus/Όρος Όλυμπος, Mount Parnassus/Όρος Παρνασσός, Mount Menalon, Mount Vermion, Mount Dirfis, Mount Pindos, Mount Helicon, Mount Athos, Mount Taygetus
Boeing 737-200 Ancient Gods and Heroes: Hercules, Apollo, Hermes, Hephaestus, Dionysos, Poseidon, Phoebus, Triton, Proteus, Nereus, Atlas
Boeing 737-400 Cities of Macedonia Vergina, Olynthos, Philippi, Stagira, Dion, Amphipoli, Pella
Boeing 747 "Olympic Aircraft" Olympic Zeus/Ολύμπιος Ζεύς, Olympic Eagle/Ολύμπιος Αετός, Olympic Spirit/Ολύμπιο Πνεύμα, Olympic Flame/Ολύμπια Φλόγα, Olympic Peace/Ολυμπιακή Εκεχειρία
DeHavilland Comet 4B Members of the Greek Royal Family Princess Sophia, Queen Sophia, Queen Frederica, Queen Olga
Dornier 228 Islands of Greece Leros, Skyros, Kasos, Astypalea, Amorgos, Kythira, Karpathos
Douglas DC-6 Islands of Greece Rhodes, Corfu, Crete, Lesvos, Chios, Limnos, Samos, Kos
NAMC YS-11 Islands of Greece Kephalonia, Ithaca, Samothraki, Zakynthos, Delos, Andros, Kalymnos, Milos
Shorts 330 Islands of Greece Patmos, Kastelorizo, Paros, Naxos, Milos, Tinos
Shorts Skyvan Islands of Greece Mykonos, Skiathos
Islander Islands of Greece Kythira/Νήσος Κύθηρα, Karpathos/Νήσος Κάρπαθος
Aerospatiale Super Frelon Hermes/Ερμής

[edit] Aircraft registrations

The registration of all Olympic aircraft is a two-letter Greek prefix SX- and three more letters. The first of the three letters shows the number of engines (B: Two engines, C: Three engines, D: Four engines). The second letter shows the type of the aircraft (A: Douglas DC-3, etc.) and the third is the number of the aircraft in letters. Some exceptions are the Boeing 747 (where the first two letters are the IATA designator of Olympic: OA) and the Learjet 25 SX-ASO (which stands for Onassis' initials: Aristotle Socrates Onassis)

[edit] Codeshare agreements

Olympic Airlines has the following codeshare agreements:[25]

[edit] Corporate design

[edit] Logo

The first logo of the airline was a white eagle, bearing a resemblance to a propeller, featuring five rings and the name Olympic. Just two years after the first flight, Onassis asked his associates to design a new logo and the coloured rings were created. Onassis wanted to copy the five coloured rings of the Olympic emblem, but the International Olympic Committee claimed the rights to the emblem, so a new, six ring logo was introduced. The first five rings stand for the five continents, while the sixth stands for Greece. Colours used were yellow, red, blue and white. The new logo for Olympic air has been selected among three proposals by an online vote which was open until July 5, 2009 on oalogo.gr. All proposals were expected to keep the six circles and were called to modernize the look of the existing logo. The logo that was finally selected is a bevel version of the existing logo and font, with the only exception that green has replaced the light blue on some circles. Green along with blue is one of MIG's corporate colors (as seen on Marfin Egnatia bank's logo for example) and was thus also used per request by MIG on the new uniforms too.

[edit] Other

  • The Olympic name came as a result of Onassis' passion for ancient Greece. Many of his companies carried the Olympic name such as Olympic Maritime. He followed the same naming pattern for his ships (with names such as "Olympic Legacy", "Olympic Palm", "Olympic Explorer", etc.)
  • According to OA regulations, all male flight attendants must wear a black tie, thus paying tribute to the late Alexander Onassis.
  • Uniforms for OA flight attendants were created by famous fashion designers. The first uniform was designed by Jean Desses in 1957, followed by uniforms designed by Coco Chanel (1966 - 1969), Pierre Cardin (1969 - 1971), Giannis Tseklenis (1971 - 1976), Roula Stathi (1976 - 1981), Billy Bo (1981 - 1987),[26] Aspasia Gerel (1987 - 1992), Makis Tselios (1992 - 1998) and Artisti Italiani (1998 - present).
  • New uniforms have been selected in an online vote for Olympic Air flight attendants. Visitors of the site www.oafashion.gr could vote for their favourite uniforms among three bids. Soon OA flight staff will wear uniforms designed by the renowned designer Celia Kritharioti.[27][28]

[edit] Incidents and accidents

[citation needed]

  • 29 October 1959: a Douglas Aircraft Company DC-3 crashed near Athens, Greece. All 15 passengers and all 3 crew members perished.
  • 8 December 1969: a Douglas DC-6 crashed near Keratea, Athens, Greece. All 85 passengers and all 5 crew members were killed.
  • 18 February 1972: an Olympic Aviation Learjet crashed off the coast of Monte Carlo. Both crew members were killed.
  • 21 October 1972: a NAMC YS-11 crashed off the coast of Voula, Athens, Greece drowning 36 passengers and 1 crew member , while 16 passengers and 3 crew members were rescued.
  • 23 November 1976: an NAMC YS-11 crashed near Kozani, Greece. All 46 passengers and 4 crew members perished.
  • 4 January 1998: a passenger on Olympic Airways Flight 417 died following a reaction to cigarette smoke.[29]
  • 3 August 1989: an Olympic Aviation Shorts 330 crashed near Samos Airport, Greece. All 31 passengers and 3 crew members were killed.

[edit] References

  1. ^ a b http://oainfo.olympicairlines.com/history_organization_en.htm
  2. ^ "Directory: World Airlines". Flight International: p. 58. 2007-04-10. 
  3. ^ a b "Olympic 'facing difficult future'". BBC News. 2007-12-03. http://news.bbc.co.uk/1/hi/business/7125040.stm. Retrieved on 2009-06-04. 
  4. ^ "Olympic Airlines IOSA Operators Profile". Iata.org. http://www.iata.org/ps/certification/iosa/operators/Olympic+Airlines.htm. Retrieved on 2009-06-04. 
  5. ^ "Olympic Airways old website (Wayback Machine)". Web.archive.org. Archived from the original on 2003-04-21. http://web.archive.org/web/20030421192043/http://www.olympic-airways.gr/. Retrieved on 2009-06-04. 
  6. ^ http://www.luchtzak.be/article8367.html
  7. ^ "Olympic Investors interested in Olympic Airlines as one company, its founder says". Greekembassy.org. 2005-09-21. http://www.greekembassy.org/Embassy/content/en/Article.aspx?office=3&folder=361&article=15768. Retrieved on 2009-06-04. 
  8. ^ "Globe Merchant Travel Blog » Blog Archive » Pantheon Airways: a future new airline on the ashes of Olympic Airlines". Globemerchant.com. 2006-06-09. http://globemerchant.com/TravelBlog/?p=42. Retrieved on 2009-06-04. 
  9. ^ "Greece's Olympic Airlines wins cash reprieve from court - Business - International Herald Tribune". International Herald Tribune. 2009-03-29. http://www.iht.com/articles/ap/2006/12/20/business/FIN_COM_Greece_Olympic_Airlines.php. Retrieved on 2009-06-04. 
  10. ^ Δελτία τύπου & νέα των Ο.Α (Τρέχον Τρίμηνο)[dead link]
  11. ^ "EU court rules on Greek subsidies to Olympic Airlines - International Herald Tribune". International Herald Tribune. 2009-03-29. http://www.iht.com/articles/ap/2007/09/12/business/EU-FIN-EU-Olympic-Airlines.php. Retrieved on 2009-06-04. 
  12. ^ "/ Mergermarket - Olympic Airlines: Olympic Investors still interested, expects quick sale after elections". Ft.com. 2007-09-12. http://www.ft.com/cms/s/2/b4cc33f4-6144-11dc-bf25-0000779fd2ac,dwp_uuid=e8477cc4-c820-11db-b0dc-000b5df10621.html. Retrieved on 2009-06-04. 
  13. ^ Hatzidakis' Fresh Assurances[dead link]
  14. ^ "Olympic fights back (in Greek)". Enet.gr. 2008-01-20. http://www.enet.gr/online/online_hprint?q=%CF%EB%F5%EC%F0%E9%E1%EA%DD%F2+%C1%E5%F1%EF%E3%F1%E1%EC%EC%DD%F2&a=&id=58583104. Retrieved on 2009-06-04. 
  15. ^ "Ελευθεροτυπία - Απογευματινή Αδέσμευτη Εφημερίδα". Enet.gr. 2008-08-26. http://www.enet.gr/online/online_hprint?q=%CF%EB%F5%EC%F0%E9%E1%EA%E7&a=&id=20838696. Retrieved on 2009-06-04. 
  16. ^ a b "Kathimerini - "New logo wanted for Olympic Air"". Ekathimerini.com. 2009-05-22. http://www.ekathimerini.com/4dcgi/_w_articles_economy_2_22/05/2009_107379. Retrieved on 2009-06-04. 
  17. ^ http://www.grreporter.info/statiaen.php?mysid=2089&t=28&SESID=d4c0hmpjmi9cu0bqj1o3r5bmf1
  18. ^ "PARIS AIR SHOW: Olympic signs deal for Bombardier Q400s". Flightglobal.com. 2009-06-14. http://www.flightglobal.com/articles/2009/06/18/328437/paris-air-show-olympic-signs-deal-for-bombardier-q400s.html. Retrieved on 2009-06-18. 
  19. ^ "MIG announces order for eight Q400 aircraft for Olympic Air". Express.gr. http://www.express.gr/news/news-in-english/181537oz_20090617181537.php3. Retrieved on 2009-06-18. 
  20. ^ "News - MIG buys Bombardier Q400s for Olympic in Greece". Financialmirror.com. http://www.financialmirror.com/News/Business_and_Finance/16018. Retrieved on 2009-06-18. 
  21. ^ "v2.imerisia.gr - MIG: Επιπλέον 14 αεροσκάφη στον στόλο της Olympic Air - ειδησεις , οικονομια". Imerisia.gr. 2007-09-13. http://www.imerisia.gr/article.asp?catid=12336&subid=2&tag=12734&pubid=11263242. Retrieved on 2009-06-18. 
  22. ^ "Amateur Fleet List of Olympic Airways". Ch-aviation.ch. http://www.ch-aviation.ch/aircraft.php?search=set&airline=OA&al_op=1. Retrieved on 2009-06-04. 
  23. ^ "Flybe to lend aircraft to Olympic Air - Travel Trade Gazette". Ttglive.com. http://www.ttglive.com/c/portal/layout?p_l_id=61139&CMPI_SHARED_articleId=2594229&CMPI_SHARED_ImageArticleId=2594229&CMPI_SHARED_articleIdRelated=2594229&CMPI_SHARED_ToolsArticleId=2594229&CMPI_SHARED_CommentArticleId=2594229. Retrieved on 2009-06-19. 
  24. ^ http://www.airfleets.net/flottecie/Olympic%20Airways.htm
  25. ^ http://oainfo.olympicairlines.com/codeshare_en.htm
  26. ^ To Vima online Φρίντα Μπιούμπι. Οι τίτλοι μιλάνε από μόνοι τους: «Και το όνειρο πάγωσε» (η ζωή και ο θάνατος του σχεδιαστή Μπίλλυ Μπο) (Frieda Bioubi. The titles speak for themselves. And the dream turned cold (The life and death of fashion designer Billy Bo).To Vima online translation by Google Quote: Bioumpi Frinta...«And the dream froze» (the life and death of Billy designer Bo)..[sic]
  27. ^ "New Olympic Airways (OA) crew uniforms". Ana-mpa.gr. http://www.ana-mpa.gr/anaweb/user/showplain?maindoc=7683425&maindocimg=7472334&service=102. Retrieved on 2009-06-19. 
  28. ^ WebDesign Ltd. www.webdesign-bg.eu (2009-06-12). "Olympic's crew members will look a bit different". Grreporter.info. http://www.grreporter.info/statiaen.php?mysid=2174&t=28&SESID=coc84lg0uelgki1n7o6d0tv087. Retrieved on 2009-06-19. 
  29. ^ http://supreme.lp.findlaw.com/supreme_court/briefs/02-1348/02-1348.mer.resp.pdf

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