Olympic Airways Warning
 

Just a heads-up for anyone planning to book flights, it's possible this airline could fold. According to this story, http://news.airwise.com/stories/2002/02/1014122721.html Regards, Walter

An airline going bankrupt won't really affect anyone. They still fly their scheduled flights. I knew about this awhile ago, and still booked my flights to and from Athens to the islands with them.

Oh really? Obviously Sarah doesn't remember Sabena?? Read this article http://money.cnn.com/2002/02/18/international/olympic/<BR><BR>Thank you Walter, for the heads-up!!!

Still possible Olympic may fold, but here's some hope from a Greek newspaper:<BR><BR>OLYMPIC AIRWAYS CONTENDING 94 MILLION EURO <BR>Athens, 4 April 2002 (14:59 UTC+2) <BR> <BR> <BR> <BR>Minister of Transports and Communications, Christos Verelis, is expected to ask for 93,910,491 euro to be paid Olympic Airways by the Minister of Economy and Finances, Nikos Christodoulakis, during a meeting taking place today. <BR><BR>This amount mainly originates from debts of the public sector to the national airliner, while, as mentioned in press publications, deputy Minister of Finances Giorgos Floridis agreed to pay a further amount of 20,542,920 euro to OA last week. If these debts are paid, then Olympic Airways will be able to take a deep breath and look to the future with more optimism. <BR>