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Elias Elia (businessman)

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Elias Elia is a Greek Cypriot businessman whose profile made headlines after multiple airlines across Europe collapsed.[1] He was the owner of E-Clear, a $ billion company that handled payments mostly for the travel industry.

Background

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Elias was successful in the travel payment industry. In an interview he said, "We're here today to expand on the collaborations with airlines".[2]

He tried to prop up another company after buying E-Clear back from its administrators. A report claimed that Elia bought a brand-new £135,000 Ferrari in the spring of 2008 and a £155,000 Rolls-Royce Phantom, in May of the same year.[3]

Other Companies

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Links were found from Elias to Elian properties and the Allbury Travel Group, both of which also went into administration soon after E-Clear's demise.

References

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  1. ^ "Mysterious Elias Elia". Analysis. Retrieved 6 September 2012.
  2. ^ "Elias Elia, CEO, eClear". Terrapinn. Archived from the original on 10 April 2010. Retrieved 6 September 2012.
  3. ^ Evans, Simon (30 May 2010). "Elias Elia buys back bits of collapsed EClear". London: Independent.