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Tuesday, 23 February 2010

Join their forces and Olympic Air Aegean Airlines



Their wings are joining Olympic Air and Aegean Airlines [AGNr.AT] to create a strong air-National Champion-who can meet the conditions of intense competition developed in the aviation market.

The official announcement of the merger of two companies was quoted yesterday by the Aegean to absorb the Olympic Air and Marfin Investment Group (MIG) to get approximately equal number of shares as the shares will have the family Vassilakis, while companies and Olympic Olympic Handling Engineering will become 100% subsidiaries of the new format.

The name of the Olympic will be maintained in the new company and was "heavy paper" trading and accompanied by international agreements for services at best hours, such as having all the major airlines in the world.

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