Company updates

Ethiopian Airlines announced that the frequency of its flights to Chinese cities will increase as of February, ultimately returning to pre-Covid levels in March.

Greek carriers SKY express and Olympic Air will service 10 state-subsidized air routes to remote destinations in Greece for the next four years.

Athens International Airport expects to see a sharp rise in Chinese arrivals to Greece this year following the launch of Air China’s Athens-Shanghai direct route.

Greek construction firm Intrakat will undertake the upgrade and modernization of Paros Airport in a concession deal valued at 33 million euros.

ITA Airways has announced that tickets for travel on its new direct flights from Rome Fiumicino to Rio de Janeiro are now on sale.

Ethiopian Airlines, the largest aviation group in Africa, will launch an additional flight from Athens to Addis Ababa, increasing its frequency to 4 times per week.

Aiming to better address market developments, Accor will restructure its organization into a Premium, Midscale & Economy division and a Luxury & Lifestyle division.

Invel Real Estate and Prodea Investments have acquired White Coast Pool Suites, a five-star luxury hotel on the Greek island of Milos.

TUI Group, a leading global tourism group, has announced the appointment of Pieter Jordaan as its new Chief Information Officer (CIO).

Crete is swiftly moving forward with procedures to launch works on a waterway network and seaplane ports.

Grivalia Hospitality has recently announced its plans to develop the first energy autonomous luxury resort in Greece.

Italian flag-carrier, ITA Airways, has recently announced that its two new flights to San Francisco and Washington have gone on sale.

Greece welcomed the first direct flight from Shanghai last month, after the country’s flag carrier Air China announced the launch of routes to Athens Airport.

China’s Ministry of Commerce has recently announced its approval of Korean Air’s acquisition of Asiana Airlines.

Greece’s shipping fleet remains a global leader in terms of size and number of active companies, according to the latest report released by Petrofin Research.

AEGEAN will create the first technical support services and training hub in Greece, housed in a former Olympic Air technical base at Athens International Airport.

Aria Hotels, the family–owned chain of boutique hotels and independent residences, has added Woo Suites in central Athens to its portfolio.

Corfu International Airport will close down during January 2023 for upgrade works on its runway, airport operator Fraport Greece has announced.

Air Europa in June 2023 will resume its direct services between Athens, Greece, and Madrid, Spain, for the summer season.

Autohellas has secured a loan agreement with the National Bank, within the framework of the “Greece 2.0” RRF plan, to finance its green transition investment and replace its fleet with …