To maintain employment at their factory, Elliotts refused to sell the wing jigs that they had made for the prototype.

Production of the Olympia (originally called Type 5) started in 1946 as a batch of 100, and the first flight was made in January 1947.

The first batch of 100 was completed in 1947 but the market could not absorb such a large number, despite the low price of £425.

Gliders from the second batch were still being offered for sale for £800 as late as 1957 in order to clear the stock, despite being below cost price.

On 24 August 1950 an Eon Olympia flown by Bill Bedford broke the British distance record by flying 310 km in 3:50 hr.