Flybe is offering support for the summer start-up of Greek airline, Olympic Air.
The UK carrier is providing Olympic Air with four Bombardier Q400s plus pilots, cabin crew and engineering support. The deal is seen by Flybe as evidence of a growing reputation as a quality provider of professional ‘turnkey’ solutions in the global aviation market.
The wet-lease arrangement runs from August 2009 until September 2010, at which point, the aircraft will return to Flybe. Based in Athens, the aircraft will become part of the new Olympic business and, operating under the Flybe Airline Operating Certificate (AOC), will be fully crewed by Flybe pilots and cabin crew and maintained by Flybe engineers.
The deal is the latest in a line of innovations which have highlighted Flybe’s ability to not only ride out the recession, but place it in a position where it will emerge stronger and more competitive when the upturn arrives.
In what is a major extension of the Flybe brand, chairman and CEO, Jim French remarked, “Over the past 18 months or so, Flybe has been offered literally dozens of opportunities to start up or support start-ups globally all of which, until this one, we have declined. Flybe’s senior management team is 100% convinced that this partnership with Olympic Air is a tremendous opportunity and dovetails perfectly with our brand. We look forward to it being a great success.”
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