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 11 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.

Olympic Air ATR 72 SX-OBN, pictured in April 2024
  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". Olympic Air. Archived from the original on 2 December 2013. Retrieved 3 July 2024. 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. ^ "Partners Terms and Conditions". Archived from the original on 2 December 2013. Retrieved 3 July 2024.
  6. ^ "Partners Terms and Conditions" (PDF). Marfin Investment Group. 8 February 2010. Archived from the original (PDF) on 7 September 2012. Retrieved 3 July 2024.
  7. ^ Mutzabaugh, Ben (10 October 2013). "USA Today – "Aegean Airlines' takeover of Olympic Air gets EU's OK"". usatoday.com. Retrieved 6 November 2013.
  8. ^ Gill, Rob (23 October 2013). "Buying Business Travel – "Aegean Finally Seals Olympic Air Purchase"". buyingbusinesstravel.com. Retrieved 6 November 2013.

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