GLG News Analyses of the following article:

Aegean bids to acquire Olympic

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Published at: www.ft.com

Aegean is the Logical Choice for Olympic

March 10, 2009

GLG Expert Contributor

1. A solution to the subsidy problem at Olympic, similar to Alitalia may be at hand2. The logical player is Aegean to take over Olympic, just as AirOne took over Alitalia3. The EU is forcing the hand of the Greek government to take action, and finally come up with a solution for the long moribund Olympic Airlines.

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