AEGEAN AIRLINES SOCIETE ANONYME

d/b/a AEGEAN AIRLINES S.A. Docket DOT-OST-2010-

for a foreign air carrier permit pursuant to

49 U.S.C. § 41301 and exemption authoritypursuant to 49 u.s.c. § 40109

(U.S.-Europe)

APPLICATION OF AEGEAN AIRLINES SOCIETE

ANONYME diblal AEGEAN AIRLINES S.A. FOR A

FOREIGN AIR CARRIER PERMIT AND EXEMPTION AUTHORITY

communications with respect to this document should be sent to:

Andrew J. Harakas

Clyde & Co US LLP

405 Lexington Avenue

New York, New York 10174

Phone 212.710.3920Fax 212.702.4620andrew.harakas@clydeco.us

Counsel for Aegean Airlines Societe Anonyme

d/b/a Aegean Airlines S.A.

May 14, 2010

Notice: Aegean Airlines S.A. requests expedited treatment of this Application and will poii theU.S. carrier representatives on the attached service list and advise the Department of the results.
d/b/a AEGEAN AIRLINES S.A.

Docket DOT-OST-20 10-

for a foreign air carrier permit pursuant to

49 U.S.C. § 41301 and exemption authority

pursuant to 49 u.s.c. § 40109

(U.S.-Europe)

APPLICATION OF AEGEAN AIRLINES SOCIETE ANONYME

dibla AEGEAN AIRLINES S.A. FOR A FOREIGN AIR CARRIER PERMIT AND

EXEMPTION AUTHORITY

Pursuant to 49 U.S.C. § 41301 and 40109 and 14 C.F.R. Parts 211 and 302 of the

Department’s Regulations, Aegean Airlines Societe Anonyme d/b/a Aegean Airlines S.A.

(“Aegean Airlines”) hereby applies for a foreign air carrier permit and corresponding exemption

authority to the full extent authorized by the Air Transport Agreement by the United States and

the European Community and its Member States (hereinafter the “US-EU Agreement’) to enable

it to engage in:

i. foreign scheduled and charter air transportation of persons, property and mail from any

point or points behind any Member State of the European Union via any point or points

in any Member State and via intermediate points to any point or points in the United

States and beyond;

ii. foreign scheduled and charter air transportation of persons, property and mail between

any point or points in the United States and any point or points in any member of the

European Common Aviation Area (“ECAA”);

iii. other charters pursuant to the prior approval requirements set forth in 14 C.F.R. Part 212

of the Department’s economic regulations; and

iv. transportation authorized by any additional route rights made available to European

Community carriers in the future.

1
q

y 

q

order to enable Aegean Airlines and Continental to commence codeshare services on June 15,

2010.’

Aegean Airlines requests that the Department process this application pursuant to the

streamlined regulatory procedures for licensing US and foreign air carriers set forth in the Notice

dated August 23, 2005 (Docket OST-2005-22228), and issue a single order (1) granting the

requested exemption authority for a two-year period or until the requested permit authority

becomes effective, whichever occurs first, and (2) approving the corresponding foreign aircarrier permit under the show-cause procedures described in the August 23, 2005 Notice.

This application also is filed pursuant to the US-EU Reciprocal Recognition Procedures,

released by the Department on February 19, 2009, delineating the US-EU Joint Committee

procedures for the reciprocal recognition of regulatory determinations with regard to airline

fitness and citizenship. Consistent with those procedures, Aegean Airlines states as follows:

1. The United States and the European Community successfully concluded

negotiations for a new air transport agreement on March 2, 2007. The US-EU Agreement was

approved by the European Council on March 22, 2007, and was signed on April 25 and 30, 2007,

to be provisionally applied beginning March 30, 2008. Aegean Airlines is requesting authority

Aegean Airlines and Continental are filing today separate applications requesting the

authority required to implement those codeshare services.

2
211.20(a)).

3. Aegean Airlines holds an Air Operator Certificate and Operators License issued

by the Hellenic Civil Aviation Authority (Ministry of Transport and Communications), whichare attached hereto as Exhibit A. (14 C.F.R. § 211.20(i)).

4. The name and official address of the government air transport authority having

regulatory jurisdiction over Aegean Airlines is Hellenic Republic Civil Aviation Authority

(Ministry of Transport and Communication), 1, Vasileos Gergiou Av., T.K. 16604 Greece. (14

C.F.R. § 211.20(b)).

5. Aegean Airlines anticipates that its initial service to the United States will

commence on June 15, 2010 and will be a codeshare service on ContinentaPs scheduled flightscarrying persons, property and mail between Athens, Greece (ATH) and Newark, New Jersey(EWR).

6. Aegean Airlines maintains insurance in its own name, which exceeds the limits of

14 C.F.R. Part 205, with Underwriters at Lloyds of London and Certain Companies through their

broker, Willis Limited, London, England. A Certificate of Insurance is attached hereto as

Exhibit B.

7. A waiver of the liability limitations of the Warsaw Convention as required by 14

C.F.R. § 211.20(t) (OST Form 4523) is attached hereto as Exhibit C.

3
requested foreign air carrier permit and exemption authority would not constitute a major

regulatory action under the Energy and Conservation Act of 1975, as defined in 14 C.F.R. §

1’

313.

10. The verification required by 14 C.F.R. Part 302 is attached hereto as Exhibit D.

WHEREFORE, Aegean Airlines Societe Anonyme d/b/a Aegean Airlines S.A. submits

that grant of this application would be consistent with the public interest, and requests that theDepartment issue a foreign air carrier permit and exemption authority to enable Aegean Airlines

to engage in:

i. foreign scheduled and charter air transportation of persons, property and mail

from any point or points behind any Member State of the European Union via any

point or points in any Member State and via intermediate points to any point or

points in the United States and beyond;

ii. foreign scheduled and charter air transportation of persons, property and mail

between any point or points in the United States and any point or points in any

member of the European Common Aviation Area (“ECAA”) of the Department’s

economic regulations;

iii. other charters pursuant to the prior approval requirements set forth in 14 C.F.R.

Part 212; and

iv. transportation authorized by any additional route rights made available to

European Community carriers in the future.

Aegean Airlines requests that the requested authority, and any other additional relief the

Department may deem necessary or appropriate, be granted as soon as possible. To expedite

the Department’s review of this application, Aegean Airlines will poll the U.S. carrier

representatives served and advise the Department of their views.

4
Andrew J. Harakas

405 Lexington Avenue

New York, New York 10174

Phone 212.710.3920Fax 212.702.4620andrew.harakasc1ydeco .us

Counsel for Aegean Airlines Societe Anonyme

d/b/a Aegean Airlines S.A.

5
msinick@ssd.com nssparks@fedex.com

carl.nelson@aa.com anbird@fedex.com

rpommer@atlasair. corn david.heffernan@wilrnerhale.corn

sascha.vanderbellen@delta.com jeffrey.manley(united.com

jefEmorgan@delta.com matwood@sherblackwell.com

sametta.c .barnett@delta. corn kevin.montgomery(polarairc&go.com

chargers(evergreenairlines.corn dvaughankel1eydrye. corn

slachter@lachter-clements.com mlbengezsr1aw.com

agoerlichggh-air1aw.com bill@rnietuslaw.com

howard.kass@usairways.corn william.stallings@usdoj.gov

Beniamin.solcum@usairways.com Dwight.moore(ustranscom.rnilirichardson@johnlrichardson.com dan.weiss@coair.com

Hershel.kamen@coair.com LHalloway@crowell.corn

/IcL. 1IL

Andrew J. HUakas

6
Air Operator Certificate and Operators License
On behalf of the Hellenic Civil Aviation Authority,

a member of the European Community,

it is hereby certified that

The Operator “AEGEAN AIRLINES” has satisfied Certification requirts prescribed in the Commission

Regulations”

(EC) No 1008/06, (EC) 2042/03 end (EC) 3922/91 Annex Ill in the current version and has been found

competent to conduct Commercial Air Transport Operations subject to the conditions of the attactied

Operations Specifications. This certificate is not transferable and remains in effect unless ft is varied,suspended or revoked. /1Issued at: Athens

Revision: INITIAL ISSUEDateofissue: L2L c4,i4COfficial Copy of the Original

/‘ Central Secretariat

Signature

\anie

AOC NUMBER

AUTHORITY

GR 007

ExpiryDate

Dba trading

name:

OPERATOR’S NAME

“AEGEAN AIRLINES.S.A”

l7 of July 2011

Operator address: Vitanioti st. 31 KateKifissia,14564,Attica,Hellenic Republic

OPERATiONS

POINTS OF

CONTACTContact details at

witch operational

management Can becomacted withoutundue delay.Are listed in:+30 210 6694031

(Company’s

Operations Center)

Telephone:

Fax:Eail:

+30 210 6694031

+30 210 6646424

a3occ@aegeanair.

Signature:

Name:

Title:

mis

HCAA, ‘vemor

V

ICAOAOC FormAnnex 4IIenic C.A.A. Page 1
OPERATiONS SPECIFICATIONS

(sub$ect to the approved conditions in the operations mafluSI)

ISSUING AUTHORITi’ CONTACT DETAILS

TeIaphon +302109973085 Fax: +30 210 9973064 E-mail: stylhcaaqi

AOC GR- 007 Operator name: “AEGEAN AIRLINES” Date: 22.01.2010 Signature

Oba trading name: AEGEAN AtRLINES S.A,

Aircraft Modelis) and Registratton(s: BOEING B737400: SX-BBU BOEING B737-400: SX-BLMSX-BGV,SX-BGJSX-BGOBae-146 AVRO P.1100: SX-DVA,SX-OVBSX-DVCSX.DVD,SX-DVE,SX-DVF Lear Jet 60: SX-BNR

Z0-200: SX-DVGSX-DVl1SX-DVl,SX-DVJSX-DVK,SX-DVL3X-DVM.SX-DVNSX-DVQ,SX-DVR,SX-DVS,SX-DVT,SX-DVUSX.DVV,

SX-OiW,SX-DVXSX-DVYSX-DGB A21.20Q;5XDVO,SX-DVP,SX-DVZ,SX-DGA

Types of operation: Commercial air transportation [J Passengers [] Cergo Other

Area (s) of operation :AlI aircraft are authorized for an area bounded by the following geographical

coordinates;

N7000@OW03000.OO, Ni 500. 00W0300000,N1 400 OCW00000.00

S4000.OOEOi 500.00,S300000E0600000,S1 500.OOE0900000N0000OOE1 3500.00N3000. OCE1 350000N4500. OOE 14500.00N600000E06000.0O,N7000.00E03000. 00

Special limitations:

NONE

ICAO AOC Form Annex Nellenic C.A.A. Page 2
I M 550 Ft 200 I Lear Jet

Approachandlanding CAT: lila RVR: DH: Ft 100 RJ100

IlIb M 75 Ft 000 A-3201321

Take-off [] El RVR 125 m all aircraft except Lear Jet 60

RVSM N/A El___________ f All aircraft

ETOPS N/A Maximum diversion time NIA -- minutes N/A — Nssigabon specifications for PBN [] (E8) B/PRNAV,(E1O) RNP5 all aircraft

Continuing airworthiness

-______

ELMG.004

Other [] (E99) Initial Safety Training Attestation

ICAO AOC Form Annex Hellenic C.AA. Page 3
Quality Manager Mr. GeorDios Fokas

Accident Prevention & Fit Safety: Cpt Vassilios Anadiotis

Flight Operations: Cpt. Zisis PechievanoudisMaintenance: Mr. Antonios Kontothanasis

Crew Training: Opt. Panagiotis SiskosGround Operations: Mr. lossif Mastorantonakis

Name: Leonard O.VlamisTitle: HCAA GOVERNORDate: LZ Di Z.oU)

1Official Copy of the Original

Central Secretariat:

Signaturc

Name: Gecje Iøj’\OQISQS

ICAO AOC Form Annex F4elIent CA A. Page 4
OPERATORS LICENSE

To the company under the name

AEGEAN AIRLINES S.A.- SOCIETES ANONYMES

(VAT No. 094468339/DOY FAE PEIRAIA)

Under the firm

AEGEAN AIRLINES S.A.

With its registered office in

Municipality of Argiroupolis

We grant

Operators License

For the performance under fee or/and under lease of public air transport regarding ofpassengers, cargo and post.

1. The license is granted pursuant to the Greek and European Union law

provisions.

2. The air carrier does not fall within the criteria of article 5, paragraph 7,

subparagraph (a) ofthe community regulation 2407/92.

3. The rights stemming from the license, are exercised only ifthe Air Carrier

Certificate is valid, to the specified extend and always pursuant to its terms.

4. The granting ofthe license does not provide rights to access certain routes or

markets, and the execution of any flight will always take place according tothe valid laws, regulations, licenses and demands concerning civil aviation.

5. The air carrier license No. YPA/D lID/i/i 7-2-1992 is cancelled herewith.

The Minister

Anastasios Mantelis

(Signature)
Eq TT9V Efl1X(PflQT1 T19V crtwvul.1ia

AEPOflOPIA AIAIOY A.E.-ANflNYMH AEPOflOPIKH ETAIPEIA

(A0M094468339/AOY ØAE flEIPAIA)

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MANTEAH
Certificate of Insurance
AVN G03 I General Liabs

+44 (0)20 3124 7373CERTIFICATE OF INSURANCE

THIS IS TO CERTIFY THAT WE, in our capacity as Insurance Brokers to AEGEANAIRLINES S.A. have arranged coverage as follows: -

INSURED: AEGEAN AIRLINES SA. and Associated and Subsidiary and

Affiliated Companies now existing or as may be hereafter

constituted for their respective rights and interests.

POLICY PERIOD: From 18 June 2009 to 17 June 2010 both days inclusive local

standard time at the insured’s address.

SITUATION: WORLDWIDE

COVERAGE:

Liabilities covering Passenger, Passenger Baggage, Cargo and Mail LegalLiability and Third Party Legal Liability including Premises, Hangarkeepers

and Products Liability for a Combined Single Limit of USD750,000,000 but in

the aggregate in respect of Products Liability and Personal Injury limited to

USD25000000 any one offence and in the aggregate.

The coverage for War and Allied Perils is provided by the attachment of

Extended Coverage Endorsement (Aviation Liabilities) AVN52E subject to a

sub-limit of USD150,000,000 any one Occurrence and in the annualaggregate except with respect to passengers to whom the full policy limit(s)shall apply. This sub-limit shall apply within the full Policy limit and not inaddition thereto.Cover is subject to the following deductibles:-Cargo Liability : USD10,000 each and every claim/airwaybill

Passenger Baggage : USD 1,250 each and every claim

Willis Limited. A Willis group Company. A Lloyds broker, authorised and regulated by the Financial Services Authority. Registered

office The Willis Building, 51 Lime Street, London EC3M 7DQ. Registered number 181116 England and Wales.
USD 600,000,000 any one occurrence and in the annual aggregate.

EXCESS OF

(2) A Combined Single Limit (Bodily Injury/Property Damage) of

USD150,000,000 any one occurrence and in the annual aggregate inrespect of losses occurring during the policy period.

Costs and legal expenses payable in addition to the limits herein

The above policy is subject to the Date Recognition Exclusion Clause AVN2000A

and where applicable Date Recognition Limited Coverage Clauses AVN2001A and

AVN2002A

(Re)lnsurers Liability Clause LMA3333Subject to policy terms, conditions, limitations and exclusions.

Yours faithfully,

WILLIS LIMITED

AUTHORISED SIGNATORY

This certificate has been electronically signed.
OST Form 4523
of TrvnspoltliofI 

The undersigned canines Qtenthrulter eeftrrrd to an “the Catir?) hereby agner ns fsllnrnu:

1. Each of the Carriers than, effective May 16. 1966, include thefallawiog in its caodltbrnuofeanisge, adlagiari embodying tosdisiesruoc

carriage filed by it with any gnverereeet:

“The Carrirrshsll avail itself ofthe limitation at liability provided in the Convention fine the Unification atCertain Roles Relating to

latemalional Carriage by Air signed at Warsaw October 12th, 1929,0% pesnidad In abe said Conne,stiast as attended by the Protocol ligtaed

acflv Hague Seprerelner2gth, 1955. However, in aecerdarree with Ankle 22(1) ofraid Coavraatioe or sad Convention se attended by

naid Protocol, the Carrier agrees that, as en all inlernadnnal lrnitnpotlalioO by the Carrier as defined is the nid Cearvealine or raid

Convention at .errearded in said Protocol, wiricir, according to lire contract ofCarriage, ieeludas • point in the United Slates ofAmerica as

a point of origin, point of dctffnsdos, air agreed atoppieg place.

(I) The limit of liability for each passenger tot death, woorsdirrg, or other bodily injnry shall Ire the corn of1,15 579,000

inclssive of legal fees and ceatr. tempt that, in ease of a etaim benirgirt inc Start wbote precision in erada for aepacaro award of

legs] feen and mars, the limit shall be the sam of US S5f,009oatrlesive oflegal fees tree cools.

(21 ma Carrier shall net, with respect worry claim arising oat ofthe death, woreelbrg, inc other bedoy injury eta passenger.

avail itselfstony dethnre srsderArtttle 23(I) or said Cenvettriss or said Coraoetstiasr as amended by raid Protocol.

Nothing larreia oball be deemed no effect the sights and liabilities ofthe Carrier wIth regard to arry claim brought bp, on helsaif of attn

respect of any person wbn has willfsallp eaesed damage which resulted In death, wonsrdirrg, or other bodily injury oft passenger.”

2. Each Carrier dec11, at lire time of delivesy ofthe ticket, hrrarlsb La each passenger where lranrportatioe ii gunarraed by the Canvenries. at the

Convention as amended by the Hague Protocol, sod by the apeeial contract described in Paragraph I, the (allowing aetim, arirlejr shall be primed In

type at least no large an 111 polet nnodese type arad in ink cairlrarling with the stock 00(i) each tietet (Ii) a piece at paper either placed In the ticket

ertoelepe with rite ticket or attached to the ticket or (iii) en the ticker easvelape:

°A2)VANCE TO tN’TERNATIONAL PASSENGER ON LLMIflTION Oil t,lAEtLffl’”

Paiseegcts on ejssrtrry InvoIcing car ultimate destination or a amp in acocnny other thee the eourany tif origin era advised that the

pmvislons ofsherry known as the Warsaw Convention may he applicable th thr entire (uornrp. isclndirrg arty portiaes eerlirely within the

ceerrey oftrrigic or dmtiealios. Per ouch passengers as ajezsreey Tram, or with an agreed steppIng place in the Uaiwd Stares of

Amrriea, the Coravestioo arid epcnial eonoanrs of carriage embodied is applicable taeiffe provide therc the liability nf

[certain

((name of cornice) and certain other) carrier parties to each apecial taelrseen for death ofor pemonal irjaary to passeragers it limited in meet

easer In proves damages not to ecceed US 575,030 per pasvea9or, raid hat this lIability splo cures frolic shall pet depend oar negligence os

the part tethe carrier-. Par such passengers rreeetieg by a carrier moos party to erich npecial connects or on ajearrtey not to, hose, or

haviag an agreed stepping place in the United States ofAseseries, liability of the carrinr Inn death or peesnrrul injury to passerege.rn Is lirsilgd

in mart cases no sppmximelety US 510,093 trUE 520,900.The names ofCarriers paatiea to soish special corsmeers ore esnilabit at all ticket effect of each carriers and may hr risacrised an request.

Additions] protectirn can scealiy be obtrined by psrrlsaaing insurance hem a private company. Erich irsrsrarrce is ent affected by any

limitation ofrise eorticr’e liability coder the Wresase Conveetisa or rach special auntrensu of carriage. lire flsrther iefsmraliurn please

mneolt year airline or ioosrsscc comptoy mpmnenstarine.”

3. (tins Agreement was triad with the Civil Aemeaution Board ofthe United Staler. The Beard appmned ii lay Order 523669, odepted May 13,

todd. ma Agecemeet (emrrt lt900) bane effrcriae May 16, 1066. On Sarreery I. 1902, lInk rigrtemrra breamne tire maporss’thilaty ofthe

Depuasanert ofTharssportntion (001) by operation of law.)

4. Thin Agreement may be signed in soy uemberofcoeeterpsrrr, all of selrich shall eeuaeiestr one Agreement Any Carrier may become u psrey no

thin Agteereeet by aigning a coaencopart bemofsod depositin’rl with DOT.

3, Any Carrier party hereto array withdraw hoist this Agrcemesl by giniog suretee (12) anestha’ smitten notice ofseithdrewel to DOT end the other

Cornices pssliea to the Agneeasresn,

LS.it2LLLJES S?

L2Jomc4i Sli. 1Q3fQL4 1”-&

T4tens uirc’eca

Tjrii4i’ic &efe flfli5

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kcci’- cec’\or

1

LINES SA

..TANiOTl STh.

: 14584
Verification
VERIFICATION

Pursuant to title IS United States Code Section 1001. I. Mr. Dimitrios

Gerogiannis, Managing Director of AEGEAN AIRLINES S.A., in my individual

capacity and as the authorized representative of the applicant, have not in any manner

knowingly and willfully htlsilicd. concealed or failed to disclose any material fact or

made any false. OctltiotLs, or fraudulent statement or knowingly used any documents

which contain such statements in connection with the preparation, tiling or prosecution of

the pleading. I understand that an individual who is found to have violated the provisions

of IS USC. Section 1001 shall be fined or imprisoned not more than five years. or both.

A:’RLIfvES SA -- ‘AN. .TR.

.T-.:’jS ;<s64

VAT. EL. - ‘45339 - Ms.-D erogiannis

Managing Director

Dated: May 4., 2010

1KMtAN 4:5006 2.4. - —.0.: 2?. vilta-,M?. ‘1:14564 Kiiissia, 515:6 Re5. No.: (Ar. MAE) 32603/6/6/95/3 :1 aifltne of‘MoM;: 1 5ov: ozrnerJ, Te .: ‘33 2:2 62 6(700- Far °30 21060 At sco ,y the year 2008/9

www.aeqeanair.com