Independent journal on economy and transport policy
19:42 GMT+2
Private Aegean, Cronus airlines confirm merger
(Athens News)
March 13, 2001
GREEK private carriers Aegean Airlines and Cronus Airlines confirmed yesterday their intention to merge after receiving approval from competition authorities.
Aegean will have a 77.5 percent stake in the new company while Cronus will hold the remainder. The merger creates the largest private air carrier in Greece, with a combined 2000 revenue of 50 billion ...... Read more on Athens News
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