Cronus Airlines was established in 1994 by construction entrepreneur Ioannis Manetas. Operations started in 1995 with a single aircraft that flew flights targeting expat traffic between Greece and Germany as well as chartered flights to popular tourist destinations. Two years later, Cronus leased more aircraft and expanded its network, gradually becoming the largest privately owned airline in Gree
ce. Cronus was also the only IATA privately owned airline in Greece. In late December 1998, the Laskaridis family who own a large fleet of refrigerator ships, acquired a controlling 55% stake in Cronus. In spring 2001, a code-share agreement was signed with Aegean Airlines and a few months later Cronus' aircraft were painted in Aegean's livery carrying a CRONUSAEGEAN / AEGEANCRONUS logo. Eventually, Cronus Airlines joined up with Aegean Airlines in October 2001 and its owners obtained a minority share in the all new IATA Aegean Airlines. Cronus Airlines operated scheduled services from/to the following cities:
• Athens, Thessaloniki, Heraklion, Chania, Rhodes, Kavala and Alexandroupolis. International destinations:
• London, Paris, Rome, Munich, Frankfurt, Stuttgart, Cologne and Düsseldorf. In general terms, flights to London, Paris and Rome were operated from Athens, while those to Germany were mostly continuations of the domestic flights to Salonica, therefore passengers from Athens to German destinations would fly to Salonica and then remain on the same plane for the leg to Germany. There were also flights between Stuttgart and Kavala.