Introduction To Olympic Airlines

Founded in 1957, Olympic Airline is among the world’s most renowned and the popular airlines. The hubs of the airline are in Eleftherios Venizelos International Airport and the airline offers the frequent flyer program under the name of Icarus Frequent Flyer Program. The airline also has the member lounge known as Olympic Airways "Melina Merkouri", "Aristotle Onassis" lounges. There are 77 destinations which are targeted by the airline and the parent company for the airline is Olympic Airlines S.A. Out of the 77 destinations, 35 domestic destinations are the domestic destinations and the other 39 destinations are the world-wide. The headquarters of the airline are in Athens, Greece and the Chairman and the CEO of the airline is Dr. Yiannos Benopoulos. The official website of the airline is olympicairline.com. A very interesting fact about the airline is that it is not named after the sporting event, Olympics but it is named after the Twelve Olympians, which is the grouping of gods and goddesses in Greek mythology, which used to reside in Mount Olympus.

More About Olympic Airlines

Why you want to travel on the Olympic airline. Obviously because of the future of the airline which is considered as the brighter future in the aviation industry. The future of the airline is also seemed to be suffered from the big and the major destinations like one of the decisions was the charge of the company. It was considered that the government of Greece is interested to privatize the airline in 2007. Although throughout the operations of the airline it has faced a lot of such rumors and the real incident in the life of the airline emerged when the case of the debt was filed against the company. It is also considered that the airline which has started its operations and has earned a good reputation in the market will need to cease of the operations in the recent year of 2008. It has also announced that the government of Greece has the plans to close the airline and introduce small airlines instead of the large ones. Although this is not only threatening the employees of the company but at the same time it is also very surprising for those who are inspired by the airline. Passengers who are brand loyal to the company are also in a kind of surprise.

Another element which has directly contributed towards the failure of the operations of the airline in Greece is the willingness of the government to sacrifice the airline. Most of the critiques agreed on this fact that government could do a lot for the existence of the airline. The major threat to the airline arose when the airline left the routes which were directly covered by the rival of the airline, Aegean airline. On the other hand the government supports this point that the actual figures and the statistics show that the airline had not completely left the routes. Another critical issue that arose was that the government had not even collaborated with the other countries like EU for the safety and the survival of the airline. In other words Greece government was directly responsible for the liquidation of the airline.
These were some of the crucial incidents in the life of the airline but the most interesting fact is that if the airline was getting out of operations then why the number of the airline recorded in 2007 were increasing. It’s all because passengers wanted to travel in Olympics airline.  5.977.104 passengers were carried by the airline in 2007 and interestingly a great percentage include the international passengers. Much of the profit of the airline came from the earnings on the international flights. This shows that Olympic airline suffered a number of hurricanes but still the airline is one of the most preferable airlines for the passnegers. What do you think about the experience to the Greece airline? Do the brand image and the sound and the strong name of the airline in the aviation industry could contribute to its reappearance in the aviation industry?