Goodbye AEGEAN AIRLINES - Hello OLYMPIC AIR

ALEXAKOS · 02-23-2010, 04:22 AM

Airline chiefs Vassilakis of Aegean and Vgenopoulos of Marfin Olympic air, have anounced the merge of the two airlines.
Mr. Vgenopoulos claims that only the stronges allies will survive the demanding market.
The New airline will be carying the title of Olympic air which means that the AEGEAN Airlines Logo and aircaft Paint scheme will sieze to excist tin the futue! The new airline will be divided in two shares, 26% of which will go to the excisting Olympic air owner Marfin Investment Group (share owner of many leading brands in Greece such as Marfin Bank, Vivartia foods etc) and the remaining majority of shares go to the former Aegean owner Mr. Vassilakis (share owner of many Leading brands in Greece such as Hertz Rentals, Volvo Greece, Pireaus Bank etc)

ALEXAKOS · 02-23-2010, 04:23 AM

Now maybe Aeroclassiques will think of making some 1:400 Aegean airlines models??

Swisshansa10 · 02-23-2010, 05:41 AM

Is this a good move for Aegean or a bad move - time will tell....

ALEXAKOS · 02-23-2010, 07:29 AM

Good move!
Olympic Air had a much longer history as a brand name and with the Aegean quality (beeing in the Star alliance) services it will pick up real soon!... hopefully

Cygnum · 02-23-2010, 08:05 AM

Ah Aegean. I remember when I was on holiday on Rhodes, a lot of Aegeans flew over on approach for Diagoras. Pity the name will disappear, I loved the livery (*still hopes for an Aegean 1:500*).

ALEXAKOS · 02-23-2010, 08:39 AM

to be honest, I never liked the aegean livery! The tail Gulls were nice but the rest was a bit cold... maybe it was the typephase of the logo

Cygnum · 02-23-2010, 11:04 AM

It's simple, but when you see it, you immediately know it's Aegean. Kinda like Lufthansa and Continental. I like that.

If I had to choose between the Aegean and Olympic livery, the Aegean would win in my opinion.

lollomz · 02-23-2010, 04:56 PM

Any news about new bigger planes for the future? Maybe the A340-300 will be back?

Lollo

Charter · 02-23-2010, 06:01 PM

Quote:

Originally Posted by Cygnum

Ah Aegean. I remember when I was on holiday on Rhodes, a lot of Aegeans flew over on approach for Diagoras. Pity the name will disappear, I loved the livery (*still hopes for an Aegean 1:500*).

It's the same for me, i HOPE for Aegean A320/321, B737 in 1:500 scale! Great airline.

Silverbird · 02-23-2010, 06:46 PM

I think the merger makes a lot of sense for them, though less competion could result in higher prices. Good for the airlines, bad for the customers.
But there's still enough competion from other european airlines.
Glad I had at least one flight on Aegean

ALEXAKOS · 02-24-2010, 04:25 AM

Quote:

Originally Posted by Silverbird

I think the merger makes a lot of sense for them, though less competion could result in higher prices. Good for the airlines, bad for the customers.
But there's still enough competion from other european airlines.
Glad I had at least one flight on Aegean

Absolutely right Silverbird

The abroad flights were the scondary target for them ad they alwasy fought for the inland flights each airline was flying the same cities at the SAME TIME just to be competitive to teh other. Now they can send a larger plane to cover the track for both flights! Better for the air polution too!

TheCreater · 02-24-2010, 03:11 PM

Aegean did have a great-looking livery, and I'm very sorry for the disappearance of this airline...
As for its membership in SA, Does it mean Olympic Air will join Star Alliance or it cancels the spot?

Thank you

CO777 · 01-26-2011, 11:38 AM

Not yet. EU said no to the planned merger!

EC blocks Aegean/Olympic merger on monopoly grounds

ALEXAKOS · 01-26-2011, 02:54 PM

yup.. that happened after Athens Air whent bankrupt (8 months ago) so this merger would mean monopoly!

Conventi · 01-26-2011, 03:42 PM

Quote:

Originally Posted by ALEXAKOS

yup.. that happened after Athens Air whent bankrupt (8 months ago) so this merger would mean monopoly!

Good thing, an airline monopoly in a single country is always a bad thing...I think that is the reason why Ryanair will never completely take over Aer Lingus - someone will stop it.

02-23-2010, 04:22 AM	#1
ALEXAKOS Just give me wings! Join Date: Sep 2007 Location: 37°07424'N, 23°80951'E Age: 37 Posts: 2,628	Goodbye AEGEAN AIRLINES - Hello OLYMPIC AIR Airline chiefs Vassilakis of Aegean and Vgenopoulos of Marfin Olympic air, have anounced the merge of the two airlines. Mr. Vgenopoulos claims that only the stronges allies will survive the demanding market. The New airline will be carying the title of Olympic air which means that the AEGEAN Airlines Logo and aircaft Paint scheme will sieze to excist tin the futue! The new airline will be divided in two shares, 26% of which will go to the excisting Olympic air owner Marfin Investment Group (share owner of many leading brands in Greece such as Marfin Bank, Vivartia foods etc) and the remaining majority of shares go to the former Aegean owner Mr. Vassilakis (share owner of many Leading brands in Greece such as Hertz Rentals, Volvo Greece, Pireaus Bank etc) __________________ PLANETAVIA.com Aviation Enthusiasts Home

02-23-2010, 04:23 AM	#2
ALEXAKOS Just give me wings! Join Date: Sep 2007 Location: 37°07424'N, 23°80951'E Age: 37 Posts: 2,628	Re: Goodbye AEGEAN AIRLINES - Hello OLYMPIC AIR Now maybe Aeroclassiques will think of making some 1:400 Aegean airlines models?? __________________ PLANETAVIA.com Aviation Enthusiasts Home

02-23-2010, 05:41 AM	#3
Swisshansa10 Insane Lufthansa Fan Join Date: May 2005 Location: Cologne, Germany Age: 43 Posts: 677	Re: Goodbye AEGEAN AIRLINES - Hello OLYMPIC AIR Is this a good move for Aegean or a bad move - time will tell....

02-23-2010, 07:29 AM	#4
ALEXAKOS Just give me wings! Join Date: Sep 2007 Location: 37°07424'N, 23°80951'E Age: 37 Posts: 2,628	Re: Goodbye AEGEAN AIRLINES - Hello OLYMPIC AIR Good move! Olympic Air had a much longer history as a brand name and with the Aegean quality (beeing in the Star alliance) services it will pick up real soon!... hopefully __________________ PLANETAVIA.com Aviation Enthusiasts Home

02-23-2010, 08:05 AM	#5
Cygnum RJ Second Officer Join Date: Feb 2010 Location: Netherlands Age: 24 Posts: 177	Re: Goodbye AEGEAN AIRLINES - Hello OLYMPIC AIR Ah Aegean. I remember when I was on holiday on Rhodes, a lot of Aegeans flew over on approach for Diagoras. Pity the name will disappear, I loved the livery (still hopes for an Aegean 1:500).

02-23-2010, 08:39 AM	#6
ALEXAKOS Just give me wings! Join Date: Sep 2007 Location: 37°07424'N, 23°80951'E Age: 37 Posts: 2,628	Re: Goodbye AEGEAN AIRLINES - Hello OLYMPIC AIR to be honest, I never liked the aegean livery! The tail Gulls were nice but the rest was a bit cold... maybe it was the typephase of the logo __________________ PLANETAVIA.com Aviation Enthusiasts Home

02-23-2010, 11:04 AM	#7
Cygnum RJ Second Officer Join Date: Feb 2010 Location: Netherlands Age: 24 Posts: 177	Re: Goodbye AEGEAN AIRLINES - Hello OLYMPIC AIR It's simple, but when you see it, you immediately know it's Aegean. Kinda like Lufthansa and Continental. I like that. If I had to choose between the Aegean and Olympic livery, the Aegean would win in my opinion.

02-23-2010, 04:56 PM	#8
lollomz ATP Captain Join Date: Sep 2003 Location: Monza, Italy Age: 39 Posts: 2,815	Re: Goodbye AEGEAN AIRLINES - Hello OLYMPIC AIR Any news about new bigger planes for the future? Maybe the A340-300 will be back? Lollo __________________ Brianza North Milan Airport: http://community.webshots.com/user/lollomz URL: http://my.flightmemory.com/lollomz

02-23-2010, 06:46 PM	#10
Silverbird Wings900 Team Member Join Date: Jul 2002 Location: Hamburg Age: 44 Posts: 4,206	Re: Goodbye AEGEAN AIRLINES - Hello OLYMPIC AIR I think the merger makes a lot of sense for them, though less competion could result in higher prices. Good for the airlines, bad for the customers. But there's still enough competion from other european airlines. Glad I had at least one flight on Aegean __________________ Tradelist my Corgi collection my 1:400 model pictures

02-24-2010, 03:11 PM	#12
TheCreater London-Bexley Airport Join Date: Aug 2008 Location: Tel Aviv, Israel Posts: 717	Re: Goodbye AEGEAN AIRLINES - Hello OLYMPIC AIR Aegean did have a great-looking livery, and I'm very sorry for the disappearance of this airline... As for its membership in SA, Does it mean Olympic Air will join Star Alliance or it cancels the spot? Thank you __________________ My model airport: London-Bexley International Airport- Serving over 600 flights weekly and 100 destinations. CEO of the Global Airports Alliance- Your Globe - Our Expertise. Last edited by TheCreater; 02-24-2010 at 03:23 PM.

01-26-2011, 11:38 AM	#13
CO777 Tourist Guide Join Date: Jan 2003 Location: Giebelstadt, Bavaria Age: 29 Posts: 1,826	Re: Goodbye AEGEAN AIRLINES - Hello OLYMPIC AIR Not yet. EU said no to the planned merger! EC blocks Aegean/Olympic merger on monopoly grounds __________________ Julian \|\| scale600 - The #1 site for 1:600 scale model aircraft \|\| \|\| My aircraft photos at JetPhotos.Net \|\|

01-26-2011, 02:54 PM	#14
ALEXAKOS Just give me wings! Join Date: Sep 2007 Location: 37°07424'N, 23°80951'E Age: 37 Posts: 2,628	Re: Goodbye AEGEAN AIRLINES - Hello OLYMPIC AIR yup.. that happened after Athens Air whent bankrupt (8 months ago) so this merger would mean monopoly! __________________ PLANETAVIA.com Aviation Enthusiasts Home

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