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Greek domestic air transport–industry and policy developments From post-World War II to post-liberalization1Following general elections in April 2000 and change in chair in the Ministry of Transport, the Greek Government decided to prematurely terminate the contract with speedwing and to proceed with majority privatization of Olympic Airways. Towards this the Government appointed new interim management to Olympic Airways and hired an international consulting firm to handle the privatization process.1

Author

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  • Fragoudaki, Alexandra

Abstract

The aim of this paper was to examine the developments in the Greek domestic air transport market which have most recently been affected by the liberalization process in the EU towards the single aviation market. Liberalization of the Greek domestic market was profound, ending 35 years of Olympic Airways complete monopoly on all air transport activities. Developments include new privately owned airlines, inter-regional routes, lower fares in real terms on routes with competition, innovation, improved services and wider consumer choice. Increased competition stimulated demand in the domestic market that reached record levels achieved in the mid-1980s. Market consolidation started in late 1999.

Suggested Citation

  • Fragoudaki, Alexandra, 2000. "Greek domestic air transport–industry and policy developments From post-World War II to post-liberalization1Following general elections in April 2000 and change in chair in the Ministry of Transport," Journal of Air Transport Management, Elsevier, vol. 6(4), pages 223-232.
    • Handle: RePEc:eee:jaitra:v:6:y:2000:i:4:p:223-232
    DOI: 10.1016/S0969-6997(00)00016-8
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    Cited by:

    1. Tsekeris, Theodore, 2009. "Dynamic analysis of air travel demand in competitive island markets," Journal of Air Transport Management, Elsevier, vol. 15(6), pages 267-273.

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