Olympic-Aegean Merger Delayed Until Oct. 16

The European Union’s Competition Commission has put off the final decision regarding the proposed merger between Greece’s Olympic Air and Aegean Airlines until October 16, following additional concessions made by Aegean, according to a report in Kathimerini.

Meanwhile there are growing reports claiming that Turkish investors are interested in buying out the airline. After checking our sources, HellasFrappe could not prove this to be true. In fact the stories that are currently rumoring such an event are basically coming from Turkey and not Greece.