Olympic Air

Olympic Air
IATA ICAO Callsign
OA[1] OAL OLYMPIC
Founded23 January 2006 (2006-01-23)[2]
Commenced operations29 September 2009 (2009-09-29)
Hubs
Frequent-flyer programMiles+Bonus
AllianceStar Alliance (affiliate)
Fleet size16
Destinations28
Parent companyAegean Airlines
HeadquartersAthens International Airport, Spata, Greece[2]
Key peopleEftychios Vassilakis (Chairman & CEO)
Websitewww.olympicair.com

Olympic Air S.A. (Greek: Ολυμπιακή) is a regional airline, a subsidiary of the Greek carrier Aegean Airlines.[3] It was formed as part of the privatization of the former Greek national carrier Olympic Airlines, a company that carried the name Olympic Airways from 1957 to the beginning of the 21st century. Olympic Air commenced limited operations on 29 September 2009, after Olympic Airlines ceased all operations, the full-scale opening of the company taking place two days later on 1 October 2009. Its main hubs are Thessaloniki International Airport and Athens International Airport. Rhodes International Airport serves as a small secondary hub. The airline's headquarters are in Building 57 at Athens International Airport in Spata,[4][5] and its registered seat is in Koropi, Kropia, East Attica.[6]

The airline uses the IATA code OA that it inherited from Olympic Airlines, and the ICAO code OAL. The airline was launched using the ICAO code NOA, but has been reported to have bought the OAL code used by Olympic Airlines.[citation needed]

On 22 February 2010, Olympic Air and its main competitor Aegean Airlines announced they had reached an agreement to merge their operations, phasing out the Olympic brand. After an inquiry by the European competitions commission, it was announced on 26 January 2011 that the merger was blocked citing anti-competitive concerns. However, the sale to Aegean Airlines was approved by the EU Competition Commission on 10 October 2013,[7] and the airline is now a subsidiary of Aegean Airlines.[8] It operates 10 ATR 72, 3 ATR 42 aircraft and 2 Bombardier Dash 8, its former fleet of A320 and A319 aircraft having been sold during the various processes covered above.

  1. ^ "IATA – Airline and Airport Code Search". iata.org. Retrieved 16 April 2015.
  2. ^ a b "Στοιχεία Δημοσιότητας". Business Registry (in Greek). Union of Hellenic Chambers Of Commerce. Retrieved 11 February 2023.
  3. ^ Cite error: The named reference results2015 was invoked but never defined (see the help page).
  4. ^ "Olympic Air officially welcomed with full honors the Hellenic Paralympic team." (Archive) Olympic Air. 2012. Retrieved on 6 April 2013. "The arrival ceremony in honor of our athletes was held at Olympic Air's headquarters (Building 57), Athens International Airport, with emotions of great pride and excitement."
  5. ^ "Travelair Club -> Partners Terms and Conditions." (Archive) Olympic Air. Retrieved on 6 April 2013. Under "Delta Air Lines" tab: "It is clarified that, boarding pass as well as original ticket must be forwarded as evidence to the following mail address : Olympic Air, Travelair Club department, Athens International Airport, Building 57, 190 19, Spata, Greece."
  6. ^ "Prospectus." (Archive, unofficial English translation) Marfin Investment Group. 8 February 2010. Retrieved 27 June 2010. "OLYMPIC AIR's registered seat is located at the 1st km of Koropi-Vari Avenue and Ifaistou Str., in the municipality of Koropi, Prefecture of Attica."
  7. ^ "USA Today – "Aegean Airlines' takeover of Olympic Air gets EU's OK"". usatoday.com. 10 October 2013. Retrieved 6 November 2013.
  8. ^ "Buying Business Travel – "Aegean Finally Seals Olympic Air Purchase"". buyingbusinesstravel.com. 23 October 2013. Retrieved 6 November 2013.

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