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Old 13th Apr 2005, 21:02
  #6 (permalink)  
OXOGEKAS
 
Join Date: Aug 2000
Location: ATHENS-GREECE
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I apologise for my english......Bidder is the right word.
According to latest news from LAZARD, talks with OLYMPIC INVESTORS will start , followed with talks with SURE ESTATES.
First bidder was 230mil$, second 115, third 55, and fourth 10.
Aegean bid was for approx. 55 mil$, and DBA for 10.
As far as I know, AEGEAN has "accumulated losses" of approx 60-70 mil$. They had this year a positive result, wich reduced the accumulated losses.
Of course, a privatly owned airline, has a better management.OA, as government owned company, obviously does'nt.
What is all this "story" of "codesharing"?
OA, has codesharing with most of the airlines....not only one!
Big deal!
And this is normal .....OA is nearly 48 years old, and the other 6 or 7!
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