Bloomberg News

Greece Sells Four Airbus A340-300 Aircraft, Ministry Reports

January 02, 2012

Jan. 2 (Bloomberg) -- The Greek government said it sold four Airbus A340-300 aircraft that were previously leased by former state-run Olympic Airlines SA.

Apollo Aviation Group was the highest bidder for the airplanes, according to a statement posted on the Ministry of Finance’s website on Dec. 30. No financial details on the aircraft sale were given.

The decision was made Dec. 23 by the Inter-ministerial Committee on Privatization and Restructuring, according to the statement.

--Editor: Colin Keatinge

To contact the reporter on this story: Tom Stoukas in Athens at astoukas@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net


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