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Olympic airways tender extended until end of April
Thursday, April 19, 2001
The Greek government is apparently going to extend the deadline for the submission of bids for the international tender leading the privatization of Greek national air carrier Olympic Airways<.> from April 20, 2001 to April 30, 2001. Press reports said recently that the decision is going to give the four suspected buyers more time to review Olympic Airway
Marina Spanou - Thursday, April 19, 2001
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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