Cyprus Airways – Game almost over

According to the local news site SigmaLive, the government has announced yesterday that has purchased the ownership of the Cyprus Airways iconic logo. The article states that this move comes in light of the very likely negative response by the European Commission concerning state aid that was given to the problematic airline during the past […]

More than 10 companies interested in acquiring Cyprus Airways operations

At least ten companies submitted proposals that met last night’s deadline for acquiring ownership and managerial control of Cyprus Airways. The following names came up in today’s press: Ryanair which already uses Paphos airport as its base in Cyprus Aegean Airlines from Greece, recently merged with the also Greek Olympic Airlines. Blue Air from Romania, […]