Greece’s two largest carriers, Aegean Airways and Olympic Air, just lately confirmed potential cooperation talks held between their main shareholders. Each corporations have launched no particulars to this point.
Marfin Funding Group (MIG) launched a press release to the Athens Inventory Change that confirmed the talks with Aegean Airways with reference to a future merger.
“Discussions between the primary shareholders of Olympic Air and Aegean Airways have taken place in regards to the potential of a future cooperation,” the assertion mentioned. “Nonetheless, at the moment there may be nothing particular to be introduced.”
MIG acquired Olympic Air final 12 months for 177.2 million euros and invested as much as one billion euros in new fleet. Aegean Airways has a market capitalism of 286.38 million euros.