OLYMPIC AIRLINES is the new official name for Olympic Airways.
The Greeks have clearly been speaking to the Swiss (remember Swissair) in finding a neat way of sidestepping creditors and continuing much along the same format.
This is not the first time this financially driven re-branding has taken place in the EU, SN Brussels is the former Sabena.
Olympic Airlines has accepted to honour all industry obligations of Olympic Airways including obligations and liabilities pertaining to settlements through the IATA clearinghouse and multilateral interline traffic Agreements.
In addition, IATA is holding a security deposit which may be used to offset excess refunds processed through BSP. Olympic Airways tickets purchased in advance will be accepted.
http://www.olympic-airways.gr