Aegean Airlines completes acquisition of Olympic Air

Aegean Airlines has signed a definitive agreement with Marfin Investment Group to acquire Olympic Air for €72 million ($99.2 million) in cash, and the transfer of 100% of Olympic Air shares has been completed. A down payment of €20 million was paid Oct. 22, with the remainder to paid in five equal...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.