commiss decis octob aid grant greec olymp airwai greek text authent text eea relev ec commiss european commun regard treati establish european commun subparagraph articl thereof regard agreement european econom area subparagraph articl thereof notic interest parti submit comment accord abovement articl regard comment fact found aristotl onassi olymp airwai made greek state sole sharehold transact subject greek law june outset olymp airwai hereinaft refer oa consid greek nation carrier oblig duti impos design provid good servic greek territori link main greek commun world return oa monopoli air transport ground handl mainten public servic activ confer oa redefin monopoli enjoi compani part abolish presidenti decre june expect handl schedul air servic intra commun servic oa lead air carrier greec employe turnov dr billion dr billion ecu million ecu million subsidiari olymp aviat oper minor greek domest servic fleet aircraft belong oa turbo prop belong olymp aviat helicopt averag ag oa aircraft exce year highest european airlin olymp aviat fleet modern carriag passeng account turnov princip activ undertaken airlin ahead handl turnov cargo mail aircraft mainten overhaul oa network compris destin world greec domest network complet includ greek island size oa serv major european citi greec servic middl east daili servic north america york hub rout east bangkok tokyo sydnei servic south africa nairobi broken geograph turnov airlin deriv chiefli greec ahead rest europ asia north america commun oa group small flag carrier term turnov rank similar european compani sabena tap finnair austrian airlin chief compar advantag oa commun airlin low unit oper cost cost employe seat tonn kilometr askm atkm lowest commun airlin fail capit advantag ow poor product unit revenu oa load factor compar lowest flag carrier eea austrian airlin oa total seat capac intern rout origin termin greec carri traffic drop oa intern traffic fell lose market share main european rout termin athen passeng arriv leav greec europ oa market share traffic greec rest europ fell note market air travel greec domin season leisur traffic charter flight account passeng traffic greec rest world oa practic absent charter market addit revenu employe oa lowest chief commun airlin comparison european airlin show low product oa term askm employe passeng kilometr employe final total passeng carri oa fell million million million fact start fall predat intern crisi affect air transport end bear wit airlin inher intern problem greek author problem aros earli due manag error lack system intern control imposit public servic oblig financi compens capit airlin financi situat oa examin show lopsid balanc sheet structur end total asset dr billion ecu million debt amount dr billion ecu billion dr billion long term debt balanc achiev neg equiti dr billion ecu billion financi structur worst compar commun airlin addit deterior rapidli ow size loss grow volum financ cost situat due consist loss made airlin oa oper account red year loss oper account turnov result wors loss turnov year absenc recapit restructur plan chanc improv exist ow high level financ charg keep amount debt dr billion dr billion turnov airlin fact greek state guarante borrow enabl rais fund need oper cost financ debt ad structur oper deficit airlin caus consider loss financ borrow guarante state recent appar spectacular deterior figur repres year result debt financ cost artifici larg due penalti interest charg greek state ad exponenti amount debt difficult delic financi econom context form backdrop commiss decis examin aid grant plan greek state favour oa light provis articl treati articl agreement european econom area ii letter juli regist juli greek govern lodg commiss request notif loan guarante extend oa period guarante question cover articl greek law june acquisit share oa greek state state oa public util undertak outset borrow greec abroad state liberti guarante adjust repai borrow gener oblig whatsoev natur assum airlin greek author oa loan greek currenc fact guarante state view late notif measur implement commiss regist file decemb notifi aid nn letter date juli regist secretariat gener commiss august greek author notifi commiss articl treati restructur reorgan plan oa letter notif greek author ask commiss account special semi insular geographi greec claim compat accord articl aid intend remedi disturb greek economi case regist plan notifi commiss juli prepar greek author airlin manag half coordin american bank bear stern assist account cooper amp lybrand avmark consult cooper amp lybrand job recast account accord gener recogn intern account principl avmark special civil air transport produc studi led measur recommend plan financi project prepar end greek author plan notifi juli make airlin viabl year competit environ commun plan compris financi programm turnaround programm financi programm includ restructur airlin liabil essenti ow current financi difficulti compris reduct oa debt dr billion ecu billion write dr billion ecu million oa debt guarante greek state convers dr billion ecu million debt state agenc revenu servic civil aviat author state oil refineri inject capit greek state dr billion ecu million replac year state guarante dr billion ecu million oa long term debt state guarante dr billion ecu million facilit acquisit aircraft year assumpt respons state monei claim oa parti su particular make financi restructur last success turnaround programm essenti aim revit busi call step annual loss employe natur wastag remodel rout network emphasi european servic ration adapt fleet result temporari reduct number aircraft dispos machin purchas smaller medium haul aircraft strategi forg allianc futur partner north america europ asia middl east advantag network synergi approach market includ market segment promot oa imag servic develop sale activ recast timet promot flight transfer connect meet custom requir staff train polici introduct busi cultur intern reorgan base strateg busi unit intern reorgan improv flow inform improv monitor procedur orient airlin cultur market requir plan notifi suffici stood enabl commiss inform view case precis data inform need forecast result work document suppli commiss provid particular assumpt financi project period base financi consequ step view cost market share restructur plan put forward list action cost time precis manner implement impact oa futur result result term inform greek author make clear loss profit due greek govern polici work loss due price control public servic oblig unprofit rout estim dr billion ecu billion capit due failur part greek state carri undertak provid dr billion ecu million equiti capit state caus estim loss dr billion ecu million commiss wish detail inform oa situat chief market rout oper specif market share margin assum airlin analyt account system import accur pictur state competit greek domest market condit commun regul liber appli lack case essenti commiss suppli list includ amount subsidi oa receiv oper greek domest rout particular work greek author provid inform present futur statu oa tax social term special oblig continu subject publicli own undertak view inadequaci request addit inform point greek author french august greek august greek author respond request inform commiss decid march initi procedur provid articl treati procedur concern loan guarante receiv oa recapit restructur plan notifi juli commiss princip reason initi procedur inadequ inform lack transpar low credibl recoveri plan airlin risk transfer oa difficulti commun competitor view greec problem implement liber provis packag air transport measur commiss inform greek govern decis initi procedur letter march gave opportun submit comment letter publish offici journal european commun member state interest parti invit submit comment conform provis articl treati iii british norwegian finnish swedish govern airlin compet oa sa south east european airlin british airwai interest parti includ abela corpor associ airlin compani european commun ac submit comment matter parti approv commiss decis initi procedur provid articl rais question relat reserv express decis undertak crédit lyonnai pk airfin state unabl make apprais express fear reimburs loan guarante greek state grant framework leas agreement made oa event commiss decis neg countri submit comment share doubt express commiss initi procedur inadequaci recoveri plan lack inform transpar transfer difficulti competitor stress advers effect aid competitor european econom area small privat airlin norwai request aid grant oa mention risk maintain overcapac uneconom price unit kingdom greek govern undertak ceas interf oa affair futur unit kingdom consid addit inform greek author commiss commun member countri eea interest parti order enabl submit comment full knowledg fact point figur comment made commun airlin compet oa ac addit made remark regard handl oa monopoli greek airport except handl author reflect servic mediocr qualiti high price aid author oa continu abus situat expens commun competitor result commun airlin comment call abolit monopoli regard provis servic aid permit oa precaut continu offer tariff cover cost athen stockholm athen london rout maintain current overcapac view low load factor request strict surveil tariff limit capac offer oa includ discontinu uneconom servic rout dispos asset advers effect aid exacerb incorrect applic air transport packag greek author design monopoli oa benefit greec greek author impos restrict commun carrier oper schedul flight greek island carrier hold licenc issu greec wish oper schedul servic greec point rais oa disproportion occup facil greek airport preferenti treatment oa alloc slot greek airport open hour greek airport gear exclus oa lack transpar cross subsidi profit traffic uneconom traffic public servic link oper oa final abela contractu difficulti experienc oa relat manag olymp cater joint subsidiari oa abela microcosm typic situat greek nation airlin comment commun greek govern iv greek author commiss comment respons letter receiv date march repli request inform date august emerg comment suppli greek govern avmark consult carri addit studi oa recoveri possibl begin light result studi order account doubt express commiss letter initi procedur greek author supplement compani recapit restructur plan notifi juli order remedi inadequaci commiss drawn attent regard financi situat propos total amount recapit amount dr billion ecu billion compar dr billion plan notifi juli amount break eas oa debt burden guarante greek state total dr billion compar dr billion previous convers equiti dr billion oa debt compar dr billion previous capit inject dr billion instal dr billion compar dr billion previous plan instal recapit addit guarante greek state plan extend oa purchas aircraft year total million ecu million compar dr billion ecu million previous financi measur plan notifi juli replac state guarante oa long term debt amount dr billion assumpt respons state moni claim oa parti su abandon note guarante relat debt remain recapit withdrawn expir debt amort latest higher recapit plan compar notifi juli explain increas oa indebted dr billion dr billion dr billion increas stem fact penalti impos greek state oa statutori rate month airlin arrear vi vi state bodi civil aviat author state refineri regard turnaround programm measur envisag plan notifi juli supplement action design reduc airlin cost main measur discontinu servic tokyo american servic york entail dispos boe discontinu oper reduct personnel cost aid simultan measur work condit reduct rest period miscellan advantag grant staff year salari freez net reduct staf level start cost reduct measur supplement measur relat reorgan product undertak reduct number hierarch level regroup airlin offic singl site develop comput support system handl mainten activ introduct computer reserv system herm ii yield manag system greater focu custom travel agenc extens fleet chang composit term plan action envisag renew part fleet acquisit medium haul aircraft type number aircraft note measur recoveri programm concern oa subsidiari olymp aviat commun greek author commiss answer question rais commiss request inform august greek govern suppli detail provision balanc sheet account year assumpt forecast base chosen scenario base assum averag growth traffic oa annum period lower growth rate estim intern organ aea iata vari depend region world averag yield expect decreas period conform aea forecast light devalu drachma chosen scenario base model integr preced assumpt discontinu tokyo servic american servic york discontinu oper element includ oa result remain neg period return moder level financ cost ow substanti debt relief result recapit reduct personnel cost product improv measur ad basic model airlin net result posit reach dr billion tax estim turnov greek author manner loss profit result greek govern polici period regard price control public servic oblig capit calcul inform make estim dr billion annual loss oa result price control domest greek servic loss result public servic oblig transport offici vip press repres estim dr billion annum dr billion annum addit greek author commun detail analysi airlin result destin aircraft type fruit analyt account system develop avmark inform suppli enabl commiss clear pictur oa compar posit market present eea greec show oa continu oper domest schedul servic greec monopoli compet greek airlin recent emerg activ limit schedul servic moment respect greek author oa receiv receiv subsidi oper domest greek servic greek govern disput commun commiss loan guarante extend plan recapit constitut aid maintain cover provis point articl treati relat region aid point greec poorest countri european union air transport servic provid oa vital greek economi ow greec geograph isol import tourism role greek commun world employ creat greec oa provid good servic island greek govern state aid measur question meet exempt condit point articl extent recapit form part gener restructur programm make airlin viabl ow reduct debt burden aid guarante programm extend oa manag commerci undertak recapit place transpar manner scrutini independ extern consult recapit shift oa difficulti competitor oa market schedul schedul flight origin termin greec forecast oa traffic eea anticip increas market share final greek author declar commun mainten current handl system greek airport oa monopoli subject author handl vital success programm particip activ process restructur sector plan commiss addit appli full regul eec access air carrier intra commun air rout subject except provid greek island seri meet brussel week june commiss greek author ask provid detail condit commun regul constitut air transport packag appli greec confirm regul eec licens air carrier correctli implement greec order grant air oper certif oper licenc restrict oper licenc schedul servic rout term valid licenc document hand commiss june explain point show oa greek competitor receiv oper licenc conform commun rule regard regul eec greek govern appli provis articl regul relat imposit public servic oblig commiss verifi condit articl regul regard regul eec fare greek author fare schedul air servic greec includ island complet liber januari abovement document commiss june committe respons approv fare domest network abolish question oa statu discuss meet greek govern ordinari law appli oa regard social account financi matter loan guarante system arrang derog ordinari law favour oa concern tax matter exoner corpor tax replac turnov tax addit greek author airlin oa licens greec subject discrimin access airport airport facil greec handl author full respect greek airport addit june greek govern gave undertak letter commiss greek author undertook regard manag statu oa repeal articl greek law june permit greek state extend guarante loan contract oa guarante explicitli provid plan commun commiss interven futur oper manag oa give oa fiscal statu compar greek compani ordinari law public limit compani greek govern intend exempt oa tax affect recapit oper part restructur programm airlin modifi agreement made greek state oa order account provis air transport packag longer grant aid oa form whatsoev durat restructur programm regard monitor plan accept commiss adopt immedi legisl effect implement salari social financi aspect plan accept commiss main result restructur programm applic condit relat approv aid verifi independ consult chosen common accord submit commiss year week payment instal capit increas schedul januari januari report implement restructur recapit plan order enabl comment carri schedul capit increas event plan object achiev preced year regard oa activ oa refrain aid acquir hold commun air carrier regard implement air transport packag improv procedur regist aircraft grant air oper certif aoc compli principl interpret applic articl regul eec interrelationship author procedur regul eec provis regul form part packag council regul eec principl interpret document greek author french commiss novemb greek januari repli write applic made commun undertak reason period extent open competit air rout continent greec januari latest subject applic articl regul eec make exercis traffic right grant commun undertak licens greec subject payment guarante repatri passeng compli definit schedul air servic result indirectli provis regul eec impos schedul servic constraint prohibit seat provis return journei prohibit transport cargo mail requir minimum sojourn time letter june meet held brussel end june week juli greek author commiss meet greek author state interpret oper manag entir manag undertak fall compet undertak sharehold date payment instal capit increas schedul januari januari postpon week event commiss submit report receiv week payment independ consult chosen common accord assess discuss concern restrict oa subject eea question design monopoli greek nation airlin enjoi rout member countri greek island cover air transport packag letter juli greek govern gave addit undertak accept principl greek compani oa author oper rout greec member countri airlin design basi inher merit request ensur term restructur plan inclus increas number seat offer oa eea proport predict growth market basi determin increas capac month period end april ensur oa act price leader schedul traffic athen stockholm athen london rout greek island continu exempt implement air transport packag juli greec state chang handl system greek airport legal assess vi pursuant articl treati articl agreement european econom area hereinaft refer agreement aid grant member state state resourc form whatsoev distort threaten distort competit favour undertak product good affect trade member state contract parti incompat common market agreement articl treati articl agreement embrac principl neutral system properti ownership member state principl equal publicli privat own undertak principl action commiss prejudici benefici publicli own undertak examin transact light aforesaid articl treati articl agreement establish case case transact member state publicli own undertak normal commerci transact part element aid order determin exist state aid commiss base judgment principl investor oper market economi principl state aid inject capit term accept privat investor oper normal condit market economi court occas point conduct privat investor intervent public investor pursu econom polici aim compar conduct ordinari investor lai capit view realiz profit short term conduct privat hold compani privat group undertak pursu structur polici gener sector guid prospect profit longer term case separ transact consider loan guarante debt relief convers debt equiti inject capit instal regard loan guarante commiss inform member state letter april criteria intend appli examin state guarante consid guarante extend state directli financi institut oper behalf state cover articl treati case guarante extend state notifi accord articl exist gener system guarante specif measur loan guarante extend oa date constitut aid fall scope articl comment commiss greek author true loan guarante greek state intend extent oa total million part restructur recapit plan undertak commiss made clear propos examin scheme institut guarante case scheme appli guarante extend scope scheme case guarante extend greek state respect borrow oa period part gener scheme abovement articl law june gave state power guarante borrow oblig assum airlin circumst greek author notifi commiss requir inform guarante extend oa fail due time greek state fail fulfil oblig articl opinion commiss aid question grant illeg appli guarante extend april commiss aid deriv loan guarante gener equal differ rate interest loan rais normal market term actual rate secur virtu guarante case oa greek state made full power guarante loan period guarante carrier borrow indiscrimin oa annual report state explicitli credit institut requir guarante greek state lend oa easili explain magnitud risk onward oa debt time book asset sever financi circumst credit institut agre lend oa high rate interest state guarante guarante extend greek state amount oper aid case amount aid equal amount loan disguis subsidi doubt reduct oa debt dr billion tantamount aid action greek state take respons repai part borrow airlin equal amount guarante examin unilater action alleg quid pro quo equival subsidi amount sum paid paid greek state natur grant view situat airlin earlier privat investor action make aid aid overlap aid deriv loan guarante examin highlight natur guarante loan disguis subsidi convers equiti dr billion oa debt equival inject capit amount natur invest consid light principl investor market economi insurmount financi difficulti oa posit continu deterior combin structur unprofit leav doubt stage absenc prospect return point time capit invest capit inject guarante write part debt aim ensur nation airlin surviv constitut aid appli capit inject dr billion instal year billion billion billion categori aid examin grant directli greek state affect trade member state concern compani activ transport field natur directli affect trade cover entir common market distort competit common market grant undertak competit commun airlin greater part european network entri forc air transport liber packag januari constitut aid mean articl treati articl agreement point disput greek author examin compat aid articl treati articl agreement vii articl treati articl agreement appli aid question aid social charact grant individu consum aid make good damag caus natur disast exept occurr aid grant economi region germani articl treati articl agreement list aid consid compat common market compat assess context commun singl member state derog provid articl articl appli commiss establish aid question market forc suffic persuad futur aid recipi act conduc attain object derog safeguard proper function common market view principl enshrin articl treati derog principl enshrin articl set articl strictli interpret system aid individu aid measur examin articl treati articl agreement derog respect aid intend promot facilit deveplop area greek author refer provis letter point low level econom develop greec compar commun vital role oa countri economi commiss accept greek govern reason case greec region fall scope articl treati articl agreement aid issu decis loan guarante aspect recapit form part gener aid scheme airlin oper rout greec rest world airlin establish licens greec revers ad hoc measur intend sole oa link region aid measur aim promot execut import project common european interest provid articl treati articl agreement greek author invok subparagraph notif juli relat aid remedi disturb economi member state point provis basi commiss decis juli address greek state privat undertak belong busi reconstruct organ public bank public undertak organ deko time commiss decid rais object privat programm bear mind econom indic greec show disturb economi decis juli explicitli reserv judgment case oa restat concern principl prior notif point earlier aid question aim chiefli prevent airlin bankrupt relat undertak possibl object effect remedi disturb greek economi articl treati articl agreement appli case regard derog provid articl treati articl agreement respect aid facilit develop econom activ commiss aid restructur undertak compat common market meet number criteria criteria examin light principl enshrin provis aid deveplop activ commun point view aid advers affect trade condit extent contrari common interest criteria interpret sector context air transport memorandum state commiss case aid grant airlin financi difficulti complianc articl subject fulfil condit aid part programm approv commiss aim put airlin back feet reason period time profit receiv aid aid transpar verifi aid question shift member state problem rest commun view increas competit link progress liber air transport packag measur commiss abid strict polici control state aid take account opportun present liber order avoid effect detriment common interest notif commiss greek govern invok provis articl treati articl agreement view obtain exempt aid question end state condit list met case examin point point condit met light fact set part begin capac plan recapit restructur programm make oa viabl reason period context increas liber examin aid adequ meet undertak financi end oa balanc sheet show equiti neg tune dr billion asset dr billion exclud leas balanc debt provis dr billion dr billion consider imbal balanc sheet structur increas half effect debt relief dr billion combin capit increas dr billion result debt convers lead improv structur balanc sheet end date oa asset dr billion exclud leas balanc equiti provis debt dr billion debt equiti ratio end higher figur consid accept airlin capit inject envisag programm submit commiss measur bring ratio end basi figur propos recapit appear suffici excess view size undertak special situat commun peripheri substanti reduct debt provid plan serv bring oa financ cost reason level dr billion fall dr billion dr billion turnov time addit plan present oa oper result substanti improv save salari cost abolit public servic burden excess dr billion question cost reduct issu amount recapit greek govern account doubt express commiss letter initi procedur oper result improv dr billion dr billion earli figur improb measur cut oa cost implement born mind oa oper result show airlin capac achiev oper surplus independ financ sourc improv slighti neg period plan commun commiss show return profit gener increas financ capac capit increas scope contract debt satisfi work capit financ invest essenti undertak long term oper addit assumpt growth traffic earn financi project base reason annual growth traffic assum oa programm submit commiss averag estim sector period drop envisag yield take account custom behaviour observ gulf war increas competit europ result liber measur respect undertak greek author correct applic air transport packag testifi greek govern desir place oa competit environ appli undertak absenc aid manag statu oa undertak subject ordinari law foot commun airlin special privileg constraint commiss consid undertak repeal articl greek law june adopt fiscal statu govern ordinari law modif agreement oa greek state compli provis air transport packag honour quickli event decemb addit loan guarante continu redempt debt guarante extend decemb borrow million meet condit set commiss letter member state april mainten protect situat natur cast doubt viabil undertak credibl recoveri plan intern context greater competit context open market eea worth note context greek govern undertak letter juli maintain june exempt airport greek island applic regul eec final view fact dispos commiss consid oa recapit restructur plan enabl compani creat oper last viabil year receiv aid regard seceondli transpar aid possibl monitor commiss consid condit met greek govern suppli commiss virtual inform request order rule matter full knowledg fact doubt express score commiss initi procedur dealt term condit decis question rais member state interest parti initi procedur subject discuss greek author commiss addit undertak greek author follow plan present commiss guarante adequ possibl verif surveil greek govern step ensur effect implement plan submit report commiss subject januari januari commiss call independ consult verifi implement payment final instal capit increas final greek author carri capit increas plan object plan attain subject thirdli oa difficulti shift commun competitor emerg earlier plan recapit programm suffici excess lead capit undertak give privileg access capit market enabl contract debt constraint programm simpli design put oa equal foot competitor give special advantag term balanc sheet structur ad air transport europ experienc high growth rate prospect favour come year gener context renew growth dilut advers effect competit aid extend oa precis plan reflect increas oa activit expens commun airlin growth rate assum undertak eea intern market term programm lower estim growth rate traffic market similarli plan submit commiss provid signific increas oa fleet contrari withdraw aircraft oper simpl replac aircraft lower capac undertak obsolesc aircraft affect provis council direct eec aircraft nois event greek author undertak oa act price leader athen london athen stockholm rout risk appar commiss believ renunci price leader role impli oa offer fare lower offer competitor rout question account natur servic condit restrict attach individu fare greek author undertak oa refrain acquir hold commun air carrier aid made commit increas number seat offer annual oa eea proport growth rate market period commiss consid undertak implement manner conform commiss polici aid air carrier stress growth number seat offer oa equal growth market order prevent airlin expand expens commun competitor ow aid receiv refer period year aid notifi commiss complet reliabl data final view limit risk shift capac rout distort competit defin market question schedul servic oper oa eea includ addit season flight exclud schedul servic continent greec greek island account higher volum seat offer oa competit commun airlin number seat offer oa eea market defin commiss ascertain grant aid question guarante oa surviv entail continu activ monopolist fashion constitut obstacl open market develop competit eea vi vi undertak licens greec oa contrari common interest mean articl treati articl agreement risk advers effect aid question competit magnifi mainten privileg protect situat conflict liber measur aid transport packag worth note context assur greek author correct applic commun legisl grant aoc oper licenc nondiscrimin field access airport facil attent drawn undertak greek govern part applic provis air transport packag relat regul eec access market abolit design monopoli favour oa oper competit servic greek island juli latest commiss point articl regul eec invok maintain monopoli situat rout oper januari oper continu season traffic exclud scope articl commiss consid common interest capit restructur oa contribut develop air transport activ fragment peripher region commun develop part viii light forego aid provid oa greek govern form loan guarante write debt equiti capit inject accompani restructur programm undertak benefit derog provid pursuant articl treati articl agreement provid number condit met ensur aid advers affect trade condit extent contrari common interest regard handl greek airport prejudg commun initi progress commiss take note greek author assur aspect handl author airport adopt decis articl restructur aid olymp airwai provid form loan guarante extend compani date pursuant articl greek law june loan guarante total million loan contract decemb purchas aircraft eas undertak debt burden dr billion convers dr billion undertak debt equiti capit inject dr billion instal dr billion consid compat common market pursuant articl ec treati provid greek govern meet commit repeal decemb articl greek law june permit greek state extend guarante loan contract olymp airwai meet commit interfer manag olymp airwai strict limit role sharehold meet commit give olymp airwai decemb fiscal statu public limit compani compar greek undertak ordinari law exoner olymp airwai tax affect recapit oper envisag undertak recapit restructur plan commun commiss hereinaft refer plan meet commit bring agreement greek state olymp airwai line provis air transport packag decemb meet commit grant aid olymp airwai form whatsoev conform commun law meet committ adopt immedi legisl effect implement salari social financi aspect plan meet commit accept commiss main result plan applic present condit relat approv aid verifi independ consult chosen commiss conjunct greek govern meet commit submit commiss year week payment instal capit increas schedul januari januari report implement plan enabl commiss comment postpon week payment instal commiss submit report question scrutini independ consult meet commit caryi capit increas schedul object plan set part iv decis attain previou year meet commit ensur olymp airwai abstain acquir mean aid hold eea air carrier meet commit improv procedur registr aircraft grant aoc favour commun airlin olymp airwai licens greec impli absenc excess delai cumbersom unjustifi procedur meet commit compli principl interpret applic articl regul eec interrelationsship author procedur pursuant regul eec provis regul form part packag regul eec set document transmit commiss french novemb greek januari meet commit repli write reason period applic registr aircraft air oper certif oper licenc submit commun carrier notabl carrier olymp airwai licens greec meet committ make exercis traffic right grant commun airlin licens greec subject provis guarante repartit passeng meet committ accept principl compani olymp airwai author oper rout greec state belong eea impli amend agreement made greek state olymp airwai make design multipl design sole basi merit request meet committ ensur olymp airwai act price leader scheduld rout athen stockholm athen london period inclus point vii meet commit exempt applic regul eec airport greek island benefit pursuant articl regul end june impli exclus olymp airwai oper schedul servic island repeal date latest meet commit compli definiton schedul air servic result indirectli provis regul eec impos schedul servic constraint prohibiton seat provis return journei prohibiton transport cargo mail requir minimum sojourn time ensur entir durat plan number seat offer olymp airwai schedul flight eea includ addit season flight exclud servic continent greec greek island exce offer olymp airwai eea market seat take account increas proport growth market question ensur remain loan guarante extend olymp airwai guarante extend decemb explicitli provid plan amount million compli condit set letter april commiss member state maintain conform articl regul eec exclus concess benefit olymp airwai domest schedul flight continent greec oper olymp airwai januari oper continu olymp airwai date season natur articl commit condit set articl concern olymp airwai subsidiari olymp aviat articl decis address hellen republ brussel octob commiss marcelino oreja member commiss council regul eec eec eec oj oj oj commiss commun applic articl treati public author hold compani capit bulletin european commun court justic european commun join case kingdom netherland leeuward papierwarenfabrik bv commiss ecr paragraph court justic european commun case itali commiss ecr paragraph ref sg commiss letter member state ref sg octob eighth report competit polici paragraph judgment court justic european commun septemb case philip morri commiss ecr final march footnot page oj commiss decis ec grant ireland aid aer lingu group oj