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It will soon be twenty years since Regulation 261[1] came into force, which introduced an unprecedented level of protection for air passengers and was supposed to provide much greater protection in cases of denied boarding, cancellation, or long delays. So, has the (in)famous Regulation 261 served its purpose?

Kyriakides Georgopoulos has advised ICBC Group and Aviation Capital Group on the sale, transfer, and lease novation of two Airbus A321NEO aircraft under lease to Greek airline Aegean Airlines, from ICBC to ACG.

Kyriakides Georgopoulos announced that the Hellenic Republic Asset Development Fund's sale of a 67% stake in the Heraklion Port Authority to a consortium consisting of Grimaldi Euromed and Minoan Lines (as reported by CEE Legal Matters on January 11, 2024) closed on September 18, 2024.

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