Air Travel Subsidies For Olympic Aviation On Unprofitable Routes by GTP editing team 1 February 2002 written by GTP editing team 1 February 2002 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 16 Olympic’s domestic subsidiary carrier, Olympic Aviation, gets some 10.3 million euros (3.5 billion drachmas) annually in government subsidies for operating flights to nine island destinations considered highly unprofitable. Ten routes to islands such as Astypalaia, Icaria, Milos, Skyros, Karpathos, Kassos, and Lemnos were awarded to Olympic Aviation, a subsidiary of Olympic Airways, in the first tender. Belavia, a small company that lost out in the contest, subsequently filed a complaint with the Council of State. The administrative court issued a negative ruling. The subsidized route scheme went into operation on December 28. Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post More Coastal Shipping Mergers And Alliances next post Η αλαζονεία της αερομεταφοράς You may also like Global Air Passenger Demand Reaches Record High in 2024, IATA Reports 5 February 2025 ITA Airways Unveils New Commercial Benefits as it Joins Lufthansa Group 4 February 2025 SKY express: Free Tickets for Children, Teachers on All Santorini-Athens Flights 4 February 2025 AEGEAN May Extend Special Flights to/from Santorini Amid Seismic Activity 4 February 2025 SKY Express: Emergency Flights to/from Santorini on February 3-4 3 February 2025 ITA Airways: North America Flights, New Routes, Fleet & Sustainability 3 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ