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Flights to and from Greece
Olympic Air is a Greek airline and a subsidiary of the Greek airline carrier Aegean Airlines.
The combination of Olympic Air and Aegean Airlines connects every corner of Greece, flying to 111 international destinations and 34 Greek airports, while through Star Alliance network passengers can fly all over the world.
The airline was originally formed from the privatisation of the former Greek national carrier Olympic Airlines after which Olympic Air commenced operations in September 2009 after Olympic Airlines ceased all operations. In October 2012, it was announced that Aegean Airlines was acquiring Olympic Air for €75 million and Olympic Air is now a service provider for parent company Aegean Airlines.
With primary base in Athens International Airport "Eleftherios Venizelos" and secondary hub at "Diagoras" Airport in Rhodes, Olympic Air performs approximately 164 flights per day, travelling to a total of 34 Greek destinations.
Olympic Air's fleet consists of DASH 8 100 and DASH 8 400. With Olympic Air's primary base at Athens International Airport and a secondary hub at Rhodes Airport, the airline performs c. 60 flights per day to a total of 18 destinations.
Frequent Flyer Program
Olympic Air operates a frequent flyer program called Miles+Bonus to reward regular passengers.
Olympic Air as a subsidiary of Aegean operates flights on behalf of Aegean both in Greece and the Balkans. Business on Board is Aegean and Olympic Air's common corporate loyalty program, which turns your business travel budget into rewards by converting the euros your company spends for travel on Aegean and Olympic Air into Business Points. And if your employees are Miles+Bonus members, they’ll personally benefit too.
Travelair Club was the frequent flyer programme of Olympic Air, launched in November 2009.
Members could earn miles on Olympic Air and Delta Air Lines flights, car rentals and hotels. It consisted of three levels: Blue, Silver and Gold. On November 24, 2014 Travelair Club was absorbed by Aegean Airlines's frequent flyer programme Miles & Bonus, with appropriate status matches. Migration of status and miles from the closed program was available until June 1, 2015.
Economy Class - 1 piece of baggage of up to 23 kgs
Gold Members - 2 x pieces of baggage of up to 23 kgs and total dimensions of 158cm.
Business Class passengers - 2 x pieces of baggage up to 32 kgs each.
2 hand bags of up to 8kg and 5kg respectively, 2 bags of up to 32 kg each; unlimited ticket changes without rebooking fees to flex and business; ticket is refundable; special check-in counters; use of business class lounges and priority baggage pick-up.
Olympic Air used to have codeshare agreements with various carriers including Delta Air Lines, Etihad, Tarom and KLM. Most of the agreements were terminated once the carrier was bought by Aegean Airlines.
Olympic Air performs all Public Service Obligation (PSO) routes within Greece, with direct flights from / to Athens to Astypalea, Zakynthos, Leros, Milos, Naxos, Paros, Syros, Kalymnos, Kythira, Ikaria, Skiathos, Karpathos and from / to Rhodes to Karpathos, Kasos, Sitia, Kos, Kalymnos, Leros, Astypalea and Kastelorizo. Also, Olympic Air’s network has been expanded to all of Greece and more specifically on the following destinations: Alexandroupolis, Chania, Chios, Ioannina, Kavala, Kefalonia, Corfu, Lemnos, Mytilini, Preveza, Samos, Skyros, Heraklion, Mykonos, Santorini and Thessaloniki.
With primary base in Athens International Airport Eleftherios Venizelos and secondary hub at Diagoras Airport in Rhodes, Olympic Air performs approximately 164 flights per day, travelling to a total of 34 Greek destinations.
2nd April 2018
Owner of Olympic Air, Aegean Airlines, plans on spendig $5 billion jet order
The Greek Airline has ordered 42 aircraft worth $5 billion (4 billion euros) from Airbus, to renew its fleet of single-aisle planes and add capacity for future expansion. This is one of the largest investments made in the Greek Airline industry since the 2010 economic crisis in the country. This is the third time in under twi decades that the carrier has put money into new aircraft. Aegean signed a Memorandum of Understanding with Airbus. It said the agreement included a firm order of 30 aircraft from the A320neo family, with an option of 12 additional jets with new generation engines offering fuel savings of 15 percent. This expansion is set to go ahead between 2020 and 2025.
11th January 2018
Olympic Air Contribute towards Aegean Airline's record high in 2017
The Greek Airline group carried 13.2 million passengers in 2017, up 6% on 2016's statistics, making it a new record for Aegean. The figures include subsidiary, Olympic Air, and attributes the success to the better utilisation of its network. The load factor for the group for 2017 was 83.2%, up from 77.4% in 2016. International traffic was one of the key factors in the rise, increasing by 9% to 7.3 million. Domestic traffic also increased by 3% to 5.9 million passengers. New plans for 2018 include adding another 18 destinations to their routes and another 700,000 seats.
21st November 2017
Mykonos, Greece closes for runway upgrade works
Olympic Air (OA, Athens Int'l) has temporarily suspended its 12x weekly Mykonos-Athens Int'l service after the island airport closed for two weeks for refurbishment. According to the airport's operator, Fraport Greece, reconstruction of the runway became necessary after the previous surfacing exceeded its lifespan. Consequently, the airport closed to traffic, except for emergency helicopter services, on November 13 and will remain closed until November 29.
Olympic Air is currently the only airline serving the Aegean island located roughly halfway between mainland Greece and Turkey. Mykonos, like most of the Greek airports, sees a heavily seasonal traffic pattern - according to the ch-aviation capacity module, in total 149 frequencies weekly are scheduled for June 2018, more than a tenfold increase over the winter traffic. This number does not include a significant number of charter flights operated to Mykonos as well during the summer.
Fraport Greece, a joint-venture between Fraport and Copelouzos Group, began a forty-year concession covering fourteen Greek regional airports in March 2017. The concessionaire intends to invest heavily in most of the airports. At Mykonos, besides a new runway surface, Fraport Greece has announced plans to expand the terminal by 50%, as well as increase the number of check-in counters, security screening lanes, and departure gates.
24th April 2017
Olympic Air 1st quarter high for 2017
Aegean Airlines and subsidiary Olympic Air carried 2.1 million passengers in the 1st quarter of 2017, which is up 5% compared to 2.01 million the year-ago quarter in 2016. International passenger traffic rose 17% year-over-year to 1.1 billion. The evolution of load factors as well as pre-bookings for the summer season remains encoruaging for the full year, according to Aegean Airlines management.
13th April 2017
Olympic Air to have additional flights over Easter Weekend
Olympic Air and Aegean Airlines will make additional domestic flights over the Easter weekend to transport the “holy flame” to 17 destinations around Greece. The 2 airlines will charter 3 extra aircraft on Holy Saturday (April 15) to transfer what in the Orthodox tradition is called the “Holy Light” to Larisa, Alexandroupoli, Lemnos, Samos, Chios, Zakynthos, Kefallonia, Mykonos, Santorini, Heraklion, Ioannina, Thessaloniki, Chania, Kos, Lesvos, Rhodes and Corfu.
In April 2017, Olympic Air and Aegean Airlines announced a 5% increase in passenger traffic in Q1 of 2017. Aegean Airlines and Olympic Air recorded a 5 percent increase in passenger traffic in the first quarter of 2017 reaching 2.1 million passengers, the company said on Wednesday. Aegean said the increase is attributed entirely to the international network with the addition and maturity of destinations and the efficient penetration to international markets, leading to a 17-percent growth of international traffic to 1.1 million passengers. Domestic traffic was 6 percent lower than last year’s to slightly less than one million passengers as the company adjusted the activity to soft demand with lower fares, reduced flights and hence achieving improved load factors.
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Aegean Airlines has announces its intention to buy its Greek rival, Olympic Air, for the second time in two years A previous agreement for the merger of the two loss-making airlines was prohibited by the European Commission in January 2011, who expressed concerns about the monopoly that would result on domestic and regional routes from Greece.
Olympic Air have a massive restructure of their route network in response to the EC decision to block their proposed merger with Aegean Airlines.
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