ECONOMY

OA flights to JFK grounded after 43 years

Employees of Olympic Airlines take snapshots as mementos of the state-owned company that will cease to operate as of tomorrow and will be replaced by Olympic Air, owned by Marfin Investment Group (MIG). After 43 years, the Greek airline will no longer fly to or from New York, as Olympic Air has entered into a code-sharing agreement with Delta Airlines for flights to JFK airport. ‘More destinations will be added to this particular agreement as of early 2010,’ the company said recently. MIG has announced a $1.1 billion investment plan for Olympic Air, providing it with ‘one of the newest aircraft fleets in Southeast Europe.’ Olympic Air’s fleet of aircraft will number 32 planes, including 16 Airbus 319s and 320s and 10 Bombardier Q400 aircraft.