Olympic
Airlines
Olympic
Airlines, is the state-run flag carrier of Greece, employing
about 1850 people. The company headquarters are in Athens,
Greece.The story of Olympic Airlines began in 1930, when the
state-run airline was created in Greece. This airline was called
Icarus but soon went bankrupt, due to financial problems and
limited Greek interest in air transport.In 1947, three airlines
were based in Greece: T.A.E., G.A.T. and and Hellenic Airlines.in
1951, the poor financial state of all three airlines led to a
decision by the Greek state to merge the three airlines into one,
Hellenic National Airlines T.A.E. The new airline faced serious
financial problems so the government closed it down in 1955. No one
was interested in buying the airline so the Hellenic State bought
the company back.
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. In 1965, Olympic placed its first orders for the
new Boeing 707-300 jet aircraft.
In 2003 the government decided to restructure 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.
Olympic Airlines operates a network of 13 intercontinental
destinations, 28 European destinations and 36 domestic
destinations.
Olympic Airlines has flights to following destinations
across the world.
Flight Destinations