Τελευταία νέα
HomeAviationOA majority stake on offer

OA majority stake on offer

The government appears to be proceeding with the sale of a majority stake in national carrier Olympic Airways<.>

The government appears to be proceeding with the sale of a majority stake in national carrier Olympic Airways<.> following a meeting between National Economy Minister Yiannos Papantoniou, Transport Minister Christos Verelis and financial adviser Credit Suisse First Boston (CSFB<.>).

CSFB informed the ministers on the progress of recent contacts with potential strategic investors.

Papantoniou said talks with international firms had begun and that within the month CSFB will deliver proposals on the method, size of the stake and required legislative changes.

The government indicated that it wanted all domestic routes to be maintained as well as current staff wage levels.

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.

27/01/2023
26/01/2023
25/01/2023
24/01/2023
23/01/2023
20/01/2023