It is all change at Olympic on October 1. Out with state run, Olympic Airlines and in with Olympic Air. It will be same logo but a very different business style under owners, the Marfin Investment Group (MIG).
Olympic Air is investing US$1.1 billion in 32 new aircraft making it one of the youngest commercial aircraft fleets in the world. The first 21 aircraft have been delivered and the rest shortly. The fleet will comprise a total of sixteen Airbus 319 and 320, ten Bombardier Q400, five Bombardier Dash 100 and one is ATR – 42. All are short haul equipment for domestic and regional routes only.
Olympic Air’s reduced network of directly served destinations include: Alexandria, Amsterdam, Beirut, Belgrade, Bucharest, Cairo, Istanbul, Larnaca, London (Heathrow), Milan (Linate), Paris (Charles de Gaulle), Rome (Fiumicino), Sofia, Tel Aviv, Tirana and Vienna. (No more Manchester flights as covered in another thread in this forum by eleni).
Domestic airports served include: Alexandroupolis, Athens, Chania, Chios, Corfu, Heraklion, Ioannina, Kavala, Kefallonia, Kos, Limnos, Mykonos, Mytilene, Preveza, Rhodes, Samos, Santorini, Syros, Thessaloniki and Zakinthos. In addition it has offered to fly the complete peripheral destination network that falls under Public Service Obligations. These are: Skyros, Skiathos, Ikaria, Kalymnos, Leros, Astypalaia, Kastelorizo, Kasos, Sitia, Paros, Naxos, Milos, Kithira and Kalamata. Aegean has also shown interest to service all or some of these airports, as well.
Olympic Air will use code share arrangements with Delta Airlines, Air France, KLM, Etihad Airways and Cyprus Airways to complement its own network and for long haul destinations such as the USA, Canada and the Far East and Australia. The new Olympic wants to join the Air France SKYTEAM airline alliance eventually. Olympic is in advanced negotiations with Ukraine’s Aerosvit, CSA-Czech Airlines, Fly Baboo and Kuwait Airways for passenger and cargo arrangements.
Olympic Air’s Frequent Flyer programme is called “Travelair Club”, which will honour the former Olympic Airlines "Icarus" programme.
Olympic Air’s central reservations in Greece operates 365 days a year between 07:00 and 23:00 and on 801 801 01 01. From a fixed line phone the charge is at local call rates, or on 210 3550500 from any mobile. Vast improvement over the predecessor Olympic’s accessibility.