Newsletter Subscription


Tuesday, July 7, 2015


Greece sells jets once owned by defunct Olympic Airways

Greece's finance ministry said Sunday it has sold four Airbus A340-300 jets once owned by the now defunct carrier Olympic Airways to Apollo Aviations Group for $40.4 million (32.9 millions euros).

"This sale is included in privatisation plans as part of the medium term strategy for Greek finances" demanded by international creditors, the ministry said in a statement.


Related Research on ASDReports.com:
Galley Equipment Market - Forecast 2014 to 2020

According to its website, Apollo specialises in "discounted original equipment manufacturer parts by acquiring and dismantling mature aircraft and engines."

The company also leases and trades commercial aircraft and engines.

by Nasser Abu Bakr © 2012 AFP

Your company’s press release on ASDNews and to thousands of other journalists and editors? Use our ASDWire press release distribution service.

Source : AFP

Published on ASDNews: Jul 8, 2012

 

Defence Exports 2015 Conference

Sep 30 - Oct 1, 2015 - Amsterdam, Netherlands

Register More info


© 2004-2015 • ASDNews • be the first to know • contact usterms & conditionsprivacy policyadvertisingfaqs

zpsk