Olympic Air employees will not lose jobs under privatisation plan - claim. From: Airline Industry Information | Date: December 19, 2002 | COPYRIGHT 2002 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

AIRLINE INDUSTRY INFORMATION-(C)1997-2002 M2 COMMUNICATIONS LTD

Greece's Prime Minister Costas Simitis has stated that plans to privatise the state carrier, Olympic Air, will not result in job losses.

The government has previously announced plans to transfer Olympic Air's core flying activities to its debt-free charter subsidiary Macedonian Airlines, which would then become the "new Olympic" and be sold on to private investors. Golden Aviation, a group led by ...

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