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Aircraft and finance. Aegean-Olympic merger: European Commission launches investigation

Brussels, Belgium - Brussels has concerns that the transaction may lead to less competition on the routes to and from Athens

The European Commission has opened an in-depth investigation under the EU Merger Regulation into the proposed acquisition of Olympic Air by Aegean Airlines (AVIONEWS). Each of the two Greek carriers operates a base at Athens "Eleftherios Venizelos" International Airport, and Brussels has concerns that the transaction may lead to price increases and poorer service on several domestic Greek routes out...

AVIONEWS - World Aeronautical Press Agency - 1151681

AVIONEWS - World Aeronautical Press Agency
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