05 February 2009

Olympic Back on Deathwatch

The Professor's deathwatch list has a repeat customer - Olympic is back. Here is what ATW Online reported

Greek government's effort to privatize Olympic Airlines has failed (ATWOnline, Nov. 25, 2008). Development Minister Costis Hatzidakis told reporters that "the bids that were submitted do not meet our demands" and that the government is "addressing an open proposal to Greek business groups for the sale of Olympic through immediate negotiations." The government had split OA into flight, ground handling and maintenance units for privatization (ATWOnline, Nov. 3, 2008).

They are nuts...

However sooner or later the government may get realistic and we might get someone biting on the poison apple.

I hope so. But as you may have read before - their service sucks and Aegean is eating them for lunch


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