Olympic airways and Cyprus airways link cooperation agreement

Olympic Air and Cyprus Airlines signed a wide-ranging cooperation accord aimed at “strengthening of the presence of the two airlines in the wider region of Southeastern Europe,” OS said in a statement. Under terms, the carriers’ codeshare began March 27 on flights from/to Athens, Rhodes, Heraklion and Thessaloniki to/from Larnaca and Paphos. From April 15, it will be expanded to cover most domestic and international destinations of OA and CY.

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Passengers will be able to collect points from OA’s and CY’s FFPs for the entire itinerary up to their final destination, regardless of whether one leg of the trip involves one company or the other, and redeem the points they collected in both companies. Cooperation between the two airlines will cover other sectors as well, such as the provision of ground services at the Greece and Cyprus airports, the joint use of VIP lounges, and the exploration of all options for the utilization of the infrastructures of the two airlines.
OA’s Greek competitor Aegean Airlines last week announced it will set up a base in Cyprus at Larnaca with three new 168-seat Airbus A320s. OA and A3 had planned to merge, but the tie-up has been blocked by the European Commission (ATW Daily News, March 3).

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