Olympic Air was founded in 2009 by Aegean Airlines and Marfin Investment Group in Greece. Olympic Air’s headquarters are currently located in Spata and the main base in Athens International Airport. Olympic Air is a star alliance member. Dennis Malamatinas leads the company as the CEO. Its subsidiaries include Galileo Hellas SA.

It has declared $ 60,000,000 in revenue.

Olympic Air’s fleet consists of Dash 8 model aircrafts. The average age of the fleet is 10.5 years. The youngest aircrafts are the ATR 42/72 at 2 years old. They rank 28 among 176 airlines operating this type of aircraft. The most common aircraft in the fleet is the Dash 8 with 10 of them at hand. They rank 37 among 117 airlines operating this type of aircraft.