Τελευταία νέα
HomeAviationBA-OA feud over debt

BA-OA feud over debt

Olympic Airways<.> has refused to hand over the amount it owes British Airways<.> subsidiary Speedwing following…

Olympic Airways<.> has refused to hand over the amount it owes British Airways<.> subsidiary Speedwing following the Greek carrier`s sudden cancellation of contract for the management of OA.

With this move, the Greek government sent a message to BA, suggesting that it could take the matter of the 900-million drachma debt to court if it wished.

A Greek official last week stated that discussions aimed at an amicable resolution of the matter had ended and that legal action would follow. He attributed the latest developments to Speedwing.

A BA spokesperson said, on the other hand, that the company had not proceeded with legal action and that it continued to remain in contact with the Greek government in order to find a solution.

BA will reportedly send a representative to Athens within August in order to further discuss the issue with the Greek side.

Co-Founder & Managing Director - Travel Media Applications | Website | + Posts

Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.

29/09/2023
28/09/2023
27/09/2023
26/09/2023
25/09/2023