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Encyclopedia > Olympic Airlines
Olympic Airlines
IATA
OA
ICAO
OAL
Callsign
Olympic
Founded 1957
Hubs Eleftherios Venizelos International Airport
Focus cities Makedonia International Airport
Frequent flyer program Icarus Frequent Flyer Program
Member lounge Olympic Airways "Melina Merkouri", "Aristotle Onassis" lounges
Fleet size 40
Destinations 77
Parent company Olympic Airlines S.A.
Headquarters Athens, Greece
Key people Elias Karatzalis (Chairman), Leonardos-Odysseas Vlamis (CEO)
Website: olympicairlines.com

Olympic Airlines (Ολυμπιακές Αερογραμμές - OA) is the state-run flag carrier of Greece, employing about 1850 people. The company headquarters is in Athens. Although the logo resembles that of the Olympic Games, the airline is technically not named after the world sporting event, but rather after the Twelve Olympians, the principal grouping of gods and goddesses in Greek mythology. Image File history File links Olympic_Logo1. ... IATA airline designators, sometimes called IATA reservation codes, are two-character codes assigned by the International Air Transport Association (IATA) to the worlds airlines in accordance with the provisions of Resolution 762. ... It has been suggested that this article or section be merged with ICAO airline code. ... Most airlines employ a distinctive and internationally recognised call sign that is normally spoken during airband radio transmissions as a prefix to the flight number. ... An airline hub is an airport that an airline uses as a transfer point to get passengers to their intended destination. ... Athens International Airport, Elefthérios Venizélos (Greek: Διεθνής Αερολιμένας Αθηνών, Ελευθέριος Βενιζέλος) or Eleftherios Venizelos International Airport (IATA: ATH, ICAO: LGAV), which began operation in March 2001, serves the city of Athens in Greece. ... In the airline industry, a focus city is a location that is not a hub, but from which the airline has flights to at least several destinations other than its hubs. ... Thessaloniki International Airport, Makedonia (Greek: Κρατικός Αερολιμένας Θεσσαλονίκης Μακεδονία) or Makedonia International Airport (IATA: SKG, ICAO: LGTS) is about 15 km SE of the city centre of Thessaloniki; close to the busy suburb of Kalamaria. ... Membership cards of FFP This article is about airline frequent flyer programs. ... The lounge at ZRH, Switzerland An airport lounge is a lounge owned by a particular airline (or jointly operated by several carriers). ... Nickname: City of Athena or Cradle of Democracy Location of the city of Athens (red dot) within the Prefecture of Athens and Periphery of Attica Coordinates: Country Greece Peripheries Attica Prefecture Athens Founded circa 2000 BC Mayor Nikitas Kaklamanis Area    - City 38. ... A Chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... For other uses, see Flag carrier (disambiguation). ... Nickname: City of Athena or Cradle of Democracy Location of the city of Athens (red dot) within the Prefecture of Athens and Periphery of Attica Coordinates: Country Greece Peripheries Attica Prefecture Athens Founded circa 2000 BC Mayor Nikitas Kaklamanis Area    - City 38. ... The five Olympic rings were designed in 1913, adopted in 1914 and debuted at the Games at Antwerp, 1920. ... The twelve gods of Olympus. ... The bust of Zeus found at Otricoli (Sala Rotonda, Museo Pio-Clementino, Vatican) Greek mythology is the body of stories belonging to the ancient Greeks, concerning their gods and heroes, the nature of the world and their own cult and ritual practices. ...

Contents

History

The Start of Olympic

Olympic Airlines was created in Greece in 1930. The airline was called Icarus but soon went bankrupt, due to financial problems and limited Greek interest in air transport. G.C.A.T./Ε.Ε.Ε.Σ. (Greek Company for Air Transport/Ελληνική Εταιρεία Εναέριων Συγκοινωνιών) took its place. At the same time, in 1935, a second airline was created, the privately owned T.A.E. (Technical and Aeronautical Exploitations/Τεχνικαί Αεροπορικαί Εκμεταλλεύσεις). Soon after the World War II, in 1947, three airlines were based in Greece: T.A.E., G.A.T./ΕΛΛ.Α.Σ. (Greek Air Transport/Ελληνικαί Αεροπορικαί Συγκοινωνίαι) and Hellenic Airlines/Α.Μ.Ε. (Αεροπορικαί Μεταφοραί Ελλάδος).

Boeing 737-400.
Boeing 737-400.
Maria Callas leaving an Olympic Airways aircraft in Athens
Maria Callas leaving an Olympic Airways aircraft in Athens

In 1951, the poor financial state of all three airlines led to a decision by the Greek state to merge them into one, Hellenic National Airlines T.A.E. The new airline faced serious financial problems so the government closed it down in 1955. There was no interest in buying the airline so the Hellenic State bought the company back. In July 1956 an agreement was made between the Hellenic State and Greek shipping-magnate Aristotle Onassis to sell the company. The company flew under the name T.A.E. until the end of the year and for the first few months of 1957, when, on 6 April 1957, Olympic Airways/Ολυμπιακή Αεροπορία was officially born. Image File history File linksMetadata Download high resolution version (800x606, 524 KB) Licensing File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Olympic Airlines Metadata This file contains additional information, probably added from the digital camera or scanner used... Image File history File linksMetadata Download high resolution version (800x606, 524 KB) Licensing File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Olympic Airlines Metadata This file contains additional information, probably added from the digital camera or scanner used... Image File history File linksMetadata IMG_2559. ... Image File history File linksMetadata IMG_2559. ... Maria Callas by Cecil Beaton, London, 1957 Maria Callas (Greek: Μαρία Κάλλας) (December 2, 1923 – September 16, 1977) was an American-born Greek soprano and perhaps the best-known opera singer of the post-World War II period. ... Aristotelis Sokratis Onassis (in Greek, Αριστοτέλης Ωνάσης) (January 15, 1900 – March 15, 1975) was the most famous Greek shipping magnate of the 20th century. ... April 6 is the 96th day of the year in the Gregorian calendar (97th in leap years). ... 1957 (MCMLVII) was a common year starting on Tuesday of the Gregorian calendar. ...


Olympic in the 1960s

The new company developed rapidly. In 1960 the first jet aircraft of OA entered into service, the De Havilland Comet 4B. At the same time, Olympic and British airline BEA agreed to create the first codeshare flights. Later on, the companies expanded their cooperation. When Hellenic crews had to spend their night in London, British crews would fly the Greek Comets to BEA destinations, and the same with Greek crews and British Comets. On all BEA and OA Comets, there would be a "BEA-OLYMPIC" sign. The de Havilland Comet of Britain was the worlds first commercial jet airliner. ... For other uses of BEA see Bea British European Airways, or BEA, was formed in 1946 by an Act of Parliament. ...


In 1965, Olympic placed its first orders for the Boeing 707-300 jet aircraft. The first was delivered in 1966, bearing the name "City of Corinth". The nonstop route Athens - New York City (JFK Airport) was the first to be launched. In 1968, the first routes to Africa were launched and OA received the Boeing 727-200 jet aircraft. In 1969, OA launched a route to Canada and phased out the Comet 4Bs. View of the port (left) number 1 & 2 Pratt & Whitney JT3D jet engines of a British Caledonian Boeing 707 showing the peculiarity of the number 1 engine mount which is different from the other three. ... A world map showing the continent of Africa. ... The Boeing 727 is a mid-size, single-aisle (narrow-body) commercial jet airliner. ...

An old Olympic Airways logo.
An old Olympic Airways logo.

Image File history File links Olympic_Airways_Logo_7. ... Image File history File links Olympic_Airways_Logo_7. ...

Olympic in the 1970s

In 1971, OA purchased the new NAMC YS-11 turboprop aircraft to replace the aging Douglas DC-3 and Douglas DC-6, used throughout the domestic network of the company. In 1971, Olympic Aviation/Ολυμπιακή Αεροπλοϊα was created, so that the Greek islands could be more efficiently served. In 1972 Greece was linked to Australia for the first time. A YS-11 of Japan Air Commuter The NAMC YS-11 is a turboprop airliner built by a Japanese consortium, the Nippon Aircraft Manufacturing Corporation. ... The Douglas DC-3 is a fixed-wing, propeller-driven aircraft, which revolutionized air transport in the 1930s and 1940s and is generally regarded as one of the most significant transport aircraft ever made (also see Boeing 707 and Boeing 747). ... The Douglas DC-6 is an aircraft built by the Douglas Aircraft Company from 1946 to 1959. ... Olympic Aviation was a subsidiary of Olympic Airways, the Greek national flag carrier. ...


Olympic then purchased the Boeing 720-051B jet aircraft, a derivative of the Boeing 707, and the Boeing 747-200 OA was also interested in the supersonic aircraft BAC-Aerospatiale Concorde. On January 5, 1973, a Concorde landed at Athens International Airport for a demonstration. Pan Am 707 The Boeing 707 is a four engined commercial passenger jet aircraft developed by Boeing in the early 1950s. ... The Boeing 747, commonly called a Jumbo Jet, is among the most recognizable jet airliners, and is among the largest passenger airliners. ... The Aerospatiale Corvette first flew in 1970 and went into service in 1974. ... British Airways Concorde G-BOAB. Concorde G-BOAD on a barge beneath Verrazano Narrows Bridge in New York City in November 2003, bound for the Intrepid Sea-Air-Space Museum. ...


On 22 January 1973, an incident occurred that dramatically changed the future of OA. The death of Aristotle Onassis' son, Alexander, in a plane crash came as a shock to Greek people and marked the beginning of the end for Olympic Airways. A few months later, Onassis sold all of the OA shares to the Greek state and died shortly after (in 1975). In 1976, under the state management, OA purchased the Boeing 737-200 jet aircraft and created Olympic Catering, which served both OA and foreign airlines. In 1977, in a cost-cutting effort, OA shut down the Australia route, followed by the Canadian one in 1978, when OA also placed its first orders for the Airbus A300. The Boeing 737 is the worlds most popular medium-range, narrowbody commercial passenger jet aircraft. ... This article is about the airliner. ...

Olympic Airlines Boeing 737.
Olympic Airlines Boeing 737.

Olympic Airways Boeing 737-400 (SX-BKG) landing at London (Heathrow) Airport in August 2004. ... Olympic Airways Boeing 737-400 (SX-BKG) landing at London (Heathrow) Airport in August 2004. ...

Olympic in the 1980s, 1990s, 2000s

In 1984, two more B747-200 aircraft were purchased from Singapore Airlines, and the Canada and Australia routes were reopened. A new Olympic Airways Cargo division was created, by converting the Boeing 707-300 "City of Lindos", but the plans were soon abandoned. In 1986, the worst strikes in the history of OA occurred, and financial losses mounted. Singapore Airlines Limited (Abbreviation: SIA; Malay: Syarikat Penerbangan Singapura, Chinese: ; pinyin: ; abbreviated 新航) SGX: S55 is the national airline of Singapore. ...


The company has faced serious financial trouble since the 80s, mostly because of management problems. Greek politicians and their families travelled free on the airline or for token amounts. Greek governments also made Olympic carry the press with a 97% discount. Olympic Tourist was created as a subsidiary of OA, which issues tickets not only for OA, but for other airlines as well. The 1980s refers to the years of 1980 to 1989. ... The term management characterizes the process of and/or the personnel leading and directing all or part of an organization (often a business) through the deployment and manipulation of resources (human, capital, natural, intellectual or intangible). ...


In the mid-1980s a nonstop route to Tokyo was launched but soon shut down due to limited passenger interest and heavy losses. Olympic purchased Boeing 737-400 aircraft in 1993, as well as the advanced version of the A300, the A300-600R. Due to the rising losses and debts, the government decided to formulate a restructuring program in which all debts were erased. This program, as well as all the plans that followed, failed. A few years later, in an attempt to make OA profitable, its management was given to the subsidiary of British Airways, Speedwing. The result was even larger debts and rising losses. In 1999, Olympic purchased four Airbus A340-313X aircraft, to replace the aging B747-200. This article or section does not cite its references or sources. ... For the 1930s airline of similar name, see British Airways Ltd. ... Speedbird is a callsign used by British Airways during air traffic control procedures, as well as the name for the famous stylized British Overseas Airways Corporation logo. ... The Airbus A340 is a long-range four-engined widebody commercial passenger airplane manufactured by EADS (Airbus S.A.S.). It is similar in design to the two-engined A330. ...

Olympic Airlines Airbus A340-300.
Olympic Airlines Airbus A340-300.

Very soon the losses became excessive so in 2003 the government decided to restructure the Olympic Airways Group of Companies. The subsidiary, Macedonian Airlines S.A., was renamed Olympic Airlines S.A. and took over the flight operations of Olympic Airways, erasing at the same time all of the airline's debts. The remaining group companies, except for Olympic Aviation (Olympic Airways, Olympic Into-Plane Company, Olympic Fuel Company, Olympic Airways Handling and the Olympic Airways Technical Base), merged and formed a new company, called Olympic Airways - Services S.A.. In December 2004, the Hellenic Government decided to privatise Olympic Airlines, but the sale process ended in failure as none of the buyers was eager to repay the Greek State the almost 500 million euro in State aid declared illegal by the European Commission in December 2005. Image File history File linksMetadata Download high resolution version (1800x1214, 355 KB) Olympic Airbus A340-300 (SX-DFB) landing at London Heathrow Airport, England. ... Image File history File linksMetadata Download high resolution version (1800x1214, 355 KB) Olympic Airbus A340-300 (SX-DFB) landing at London Heathrow Airport, England. ... Macedonian Airlines (Mακεδονικές Αερογραμμές/), defunct subsidiary of Olympic Airways, the Greek national flag carrier. ... Olympic Airways - Services S.A. is the largest ground handling operator of Greece. ... ISO 4217 Code EUR User(s) European Union: Austria, Belgium, Finland, France, Germany, Greece, Republic of Ireland, Italy (except Campione dItalia), Luxembourg, Netherlands, Portugal, Slovenia and Spain. ...

Olympic Airlines ATR-72.
Olympic Airlines ATR-72.
Olympic Airlines Airbus A300B4-600R.
Olympic Airlines Airbus A300B4-600R.

Image File history File linksMetadata Download high resolution version (1024x728, 228 KB) Licensing I, the creator of this work, hereby release it into the public domain. ... Image File history File linksMetadata Download high resolution version (1024x728, 228 KB) Licensing I, the creator of this work, hereby release it into the public domain. ... Image File history File linksMetadata Download high resolution version (1881x1358, 955 KB) Olympic Airlines Airbus A300B4-600R landing at London Heathrow Airport, England. ... Image File history File linksMetadata Download high resolution version (1881x1358, 955 KB) Olympic Airlines Airbus A300B4-600R landing at London Heathrow Airport, England. ...

The Future of Olympic

According to Greek media, the government plans to relaunch the company in late 2006. The code name for the project is "Pantheon Airways". In June 2006, Greek media reported that "Sabre Aviation Consulting Services" was contracted by the Greek government to find investors and develop a business plan for an airline to replace Olympic Airlines, aiming to start operating in fall 2006. Under this plan the government will be a minority shareholder of the new carrier and it will be run as a private airline.


O.A. Group of Companies (April 1957 - December 2003)

By December 2003, the Olympic Airways Group of Companies owned Olympic Airways (Ολυμπιακή Αεροπορία), Olympic Aviation (Ολυμπιακή Αεροπλοϊα), Macedonian Airlines (Mακεδονικές Αερογραμμές), Galileo Hellas (Γαλιλλαίος Ελλάς), Olympic Fuel Company (Ολυμπιακή Εταιρεία Καυσίμων), and Olympic Into-Plane Company. Olympic Catering had been sold a few months earlier. A company formed in the 80s called Olympic Tourist (Ολυμπιακή Τουριστική) had already been transformed into Macedonian Airlines. Macedonian Airlines (Mακεδονικές Αερογραμμές/), defunct subsidiary of Olympic Airways, the Greek national flag carrier. ...


Incidents and accidents

  • October 29, 1959: An Olympic Airways Douglas Aircraft Company DC-3 crashed near Athens, Greece. All 18 persons on board (15 passengers and 3 crew members) perished
  • December 8, 1969: An Olympic Airways Douglas DC-6 crashed near Keratea, Athens, Greece. All 90 persons on board (85 passengers and 5 crew members) perished
  • February 18, 1972: An Olympic Aviation Learjet crashed off the coast of Monte Carlo. Both crew members were killed.
  • October 21, 1972: An Olympic Airways NAMC YS-11 crashed off the coast of Voula, Athens, Greece. 37 persons on board (36 passengers and 1 crew member) drowned, while 16 passengers and 3 crew members were rescued.
  • November 23, 1976: An Olympic Airways NAMC YS-11 crashed near Kozani, Greece. All 46 passengers and 4 crew members perished.
  • August 3, 1989: An Olympic Aviation Shorts 330 crashed near Samos Airport, Greece. All 31 passengers and 3 crew members were killed.

October 29 is the 302nd day of the year (303rd in leap years) in the Gregorian calendar. ... Year 1959 (MCMLIX) was a common year starting on Thursday of the Gregorian calendar. ... The Douglas Aircraft Company was founded by Donald Wills Douglas, Sr. ... Douglas DC-3 VH-AES at Avalon in 2003. ... December 8 is the 342nd day (343rd in leap years) of the year in the Gregorian calendar. ... For the Stargate SG-1 episode, see 1969 (Stargate SG-1). ... The Douglas DC-6 is an aircraft built by the Douglas Aircraft Company from 1946 to 1959. ... February 18 is the 49th day of the year in the Gregorian Calendar. ... 1972 (MCMLXXII) was a leap year starting on Saturday. ... Lear Jet was a company which produced business jets for civilian and military use. ... October 21 is the 294th day of the year (295th in leap years) in the Gregorian Calendar, with 71 days remaining. ... 1972 (MCMLXXII) was a leap year starting on Saturday. ... The NAMC YS-11 The Nihon Aircraft Manufacturing Corporation (日本航空機製造 Nihon Kōkūki Seizō), or NAMC, was the manufacturer of Japans only successful civilian airliner, the YS-11. ... The NAMC YS-11 is a turboprop airliner built by a Japanese consortium, the Nippon Aircraft Manufacturing Corporation. ... November 23 is the 327th day of the year (328th in leap years) in the Gregorian Calendar, with 38 days remaining. ... 1976 (MCMLXXVI) was a leap year starting on Thursday. ... A YS-11 of Japan Air Commuter The NAMC YS-11 is a turboprop airliner built by a Japanese consortium, the Nippon Aircraft Manufacturing Corporation. ... August 3 is the 215th day of the year in the Gregorian Calendar (216th in leap years), with 150 days remaining. ... 1989 (MCMLXXXIX) was a common year starting on Sunday of the Gregorian calendar. ... Short Brothers plc is a British aerospace company now based in Belfast. ... Short C-23 Sherpa The Shorts 330 is a small transport aircraft created by Short Brothers. ...

Destinations

Further information: Olympic Airlines destinations

OA operates a network of 13 intercontinental destinations, 28 European destinations and 36 domestic destinations. This is a list of airports that Olympic Airlines, the Greek national flag carrier flies to. ...


Fleet

The Olympic Airlines fleet consists of the following aircraft as of January 2007: 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the Anno Domini (common) era. ...

Olympic Airlines Fleet
Aircraft Total Notes
Airbus A340-300 4 Used for flights to the USA, Canada, South Africa.
Airbus A300-600R 1 Used for short/medium haul. Up to 4 hours. Persian Gulf, Middle East and Europe.
Boeing 717-200 2 Used for flights that last about 1 hour. Flights to Cyprus and Greek islands.
Boeing 737-400 13 Short/medium haul up to 4 hours. Domestic flights, Middle East, North Africa and Europe.
Boeing 737-300 3 Shourt haul. up to 3 hours. Domestic flights, Middle East, North Africa and Europe.
ATR 72-200 7 short haul. Used for flights lasting around 45 min. Domestic flights and smaller islands.
ATR 42-300 6 short haul.
Bombardier Dash 8 Q100 4

|-Retired aircraft. |Douglas DC-3 | | |- |Boeing 707-300 | | |- |Boeing 720-051 | | |- |Boeing 727-30/-200 | | |- |Boeing 737-200 | | |- |Boeing 747-100 | | |- |Boeing 747-200 | | |- |Britten-Norman Islander | | |- |De Havialland Comet 4B | | |- |Douglas DC-4 Skymaster | | |- |Douglas DC-6 | | |- |Lear Jet 25 | | |- |NAMC YS-11 | | |- |Dornier Do 228 | | |- |Shorts Skyvan | | |- |Shorts 330 | | |- |} The Airbus A340 is a long-range four-engined widebody commercial passenger airplane manufactured by EADS (Airbus S.A.S.). It is similar in design to the two-engined A330. ... This article is about the airliner. ... The twinjet Boeing 717 was the smallest jet airliner produced by Boeings Commercial Airplane division. ... The Boeing 737 is the worlds most popular medium-range, narrowbody commercial passenger jet aircraft. ... The Boeing 737 is the worlds most popular medium-range, narrowbody commercial passenger jet aircraft. ... The ATR 72 is a twin-turboprop short-haul regional airliner built in France by the ATR company (Avions de Transport gional). ... Categories: Stub | International airliners 1980-1989 ... Dash 8 is also a series of diesel locomotives built by GE; see List of GE locomotives The de Havilland Canada DHC-8, popularly known as the Dash 8, is a series of twin-turboprop airliners designed by de Havilland Canada in the early 1980s. ... The Douglas DC-3 is a fixed-wing, propeller-driven aircraft, which revolutionized air transport in the 1930s and 1940s and is generally regarded as one of the most significant transport aircraft ever made (also see Boeing 707 and Boeing 747). ... View of the port (left) number 1 & 2 Pratt & Whitney JT3D jet engines of a British Caledonian Boeing 707 showing the peculiarity of the number 1 engine mount which is different from the other three. ... Pan Am 707 The Boeing 707 is a four engined commercial passenger jet aircraft developed by Boeing in the early 1950s. ... The Boeing 727 is a mid-size, single-aisle (narrow-body) commercial jet airliner. ... The Boeing 737 is the worlds most popular medium-range, narrowbody commercial passenger jet aircraft. ... The Boeing 747, commonly called a Jumbo Jet, is among the most recognizable jet airliners, and is among the largest passenger airliners. ... The Boeing 747, commonly called a Jumbo Jet, is among the most recognizable jet airliners, and is among the largest passenger airliners. ... BN-2B Islander II operated by Ryukyu Air Commuter The Britten-Norman Islander (also known as the BN-2) is a light utility aircraft manufactured by Britten-Norman of Britain. ... The de Havilland Comet of Britain was the worlds first commercial jet airliner. ... The designation DC-4 was used by Douglas Aircraft Company when developing the DC-4E as a large, four-engined type to complement its forthcoming DC-3 design. ... The Douglas DC-6 is an aircraft built by the Douglas Aircraft Company from 1946 to 1959. ... C-GBFP - Adlair Aviation - Learjet 25 (LJ25) refueling at Cambridge Bay Airport, Nunavut, Canada. ... A YS-11 of Japan Air Commuter The NAMC YS-11 is a turboprop airliner built by a Japanese consortium, the Nippon Aircraft Manufacturing Corporation. ... The Dornier Do 228 is a small German twin turboprop STOL-utility aircraft, manufactured by Dornier GmbH (later DASA Dornier, Fairchild-Dornier) from 1981 till 1998. ... The Short Skyvan is a 19 seater twin turboprop aircraft usage: short haul freight and parachute dropping See also:List of civil aircraft Related Content Comparable Aircraft Antonov An-28 - Farchild Dornier 228 - DHC-6 Twin Otter - IAI Arava- GAF Nomad - Harbin Y-12 External link Pink Aviation Services, Austria... Short C-23 Sherpa The Shorts 330 is a small transport aircraft created by Short Brothers. ...


External links

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  Results from FactBites:
 
Olympic Airlines - definition of Olympic Airlines in Encyclopedia (338 words)
Olympic Airlines is the national airline of Greece.
Olympic was founded as Olympic Airways by Aristotle Onassis on April 6, 1957 after he took over the Greek national airline T.A.E. It was the first airline to have scheduled flights to five continents.
Olympic Airways is a prime example of the corruption and politically motivated management that persists in many Greek state enterprises — while there are bright spots of excellence, Olympic was recording heavy losses and running at one point flights to Tokyo, which was its most unprofitable route.
  More results at FactBites »

 
 

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