How it started
Beginnings
The company was founded in 1995, taking over activities from Aegean Aviation. It commenced VIP flights from Athens all over the world with wholly owned Learjet aircraft.
Commercial flights
Aegean's first commercial flights were in May 1999 from Athens to Heraklion, Crete and Thessaloniki with two new wholly owned British Aerospace Avro RJ100. In December 1999, Aegean acquired Air Greece. Since 2005, the airline has been in partnership with Lufthansa. In March 2006, Aegean Airlines also entered into a co-operation agreement with TAP Air Portugal. In December 2008, Aegean Airlines announced its co-operation with Brussels Airlines. In 2009, Aegean Airlines started codeshare agreements with BMI, Brussels Airlines, Lufthansa and TAP Air Portugal. On 26 May 2009, the Aegean Airlines' membership application was approved by the Chief Executive Board of Star Alliance. Aegean joined the alliance on 30 June 2010.
Olympic Air acquisition
In February 2010, initial shareholder discussions took place to consider co-operation between Aegean Airlines and Olympic Air fueling rumours of a possible merger. On 22 February 2010, Olympic Air and Aegean Airlines announced that they agreed to a merger. The newly merged airline was to carry the Olympic brand name and logo, after a transition period in which both airline brands would be used in parallel. The Aegean brand would cease to exist after the transition period. It was expected that the merger would be finalised and the combined airline would begin operation by October 2010.
From Wikipedia’s article on Aegean Airlines, shared under CC BY-SA 4.0.2
