Private Aegean, Cronus airlines confirm merger
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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