Complex sentence: It was founded in 1919 as the Military Academy of Aviation (Στρατιωτική Σχολή Αεροπλοΐας) and renamed in 1967 as the "Icarus School" in reference to the figure of Icarus in ancient Greek mythology.
Split into simpler sentences: It was founded in 1919 as the "Military Academy of Aeronautics (Greek: Στρατιωτική Σχολή Αεροπλοΐας)". In 1967 it was renamed as "The Icarus School" in reference to the figure of Icarus in ancient Greek mythology.