Aegean Airlines agrees €72 million deal for Olympic Air

Discussion in 'Other Airlines | Europe' started by uggboy, Oct 23, 2012.  |  Print Topic

  1. uggboy
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    uggboy Gold Member

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    || Aegean Airlines agrees €72 million deal for Olympic Air ||

    I have still competition concerns.:confused:
     
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  2. tommy777
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    tommy777 Co-founder

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    Great news. Looking forward to an even better Star coverage in the area
     
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  3. jfhscott
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    jfhscott Silver Member

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    I'm not so concerned - there's a heap of LCC's on many of the routes, and the way things were going for Olympic, it would have dried on the vine absent the purchase. Does make me wonder how it was valued at 72MM Euros - Olympic's fleet must be leased or leveraged to the hilt, otherwise 72MM sounds like a bargain.
     

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