As it is already known, a few months ago the Russian airline S7 bought the rights to the Cyprus Airways name and logo with intentions to launch a subsidiary airline in Cyprus under the bankrupt national carrier’s name. Even though there is still no official information as to when the new airline will launch, the […]
Cobalt, the new Cypriot airline, received its commercial license and is ready to start taking bookings. The first flight will take place on 7th July and the following routes will be initially available flying from Larnaca to UK (London, Manchester), Greece (Athens, Thessaloniki, Heraklion) and Ireland (Dublin). Additional routes will start later in July from […]
The new Cypriot airline, Cobalt air announced today 14 routes to become available as soon as July. The president of the airline’s Board of Directors, Gregoris Diacou said today that the company will start flying on 1st June and within a month it will connect Cyprus with direct flights to Athens, Thessaloniki, Heraklion, Chania, London, […]
As it was expected for a long while now, time is up for Cyprus Airways. According to local media, the announcement of the European Directorate General for Competition is coming out today and is expected to be negative. This essentially means that Cyprus Airways which has been in operation since 1947 will seize operations. 16 […]
The new Cyprus Airways board president, Marinos Kallis, expressed the view that there is still hope for the airline at the House Committee assuming that the restructuring plan is applied in its entirety. He stated that the following has to be done before the plan is completed: Lay off of 165 employees, reducing the company’s size to […]
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 […]
First of all I need to say that I have no background in Economics, Business Management, Corporate law or anything else remotely related to Airline operations. I am just a naive citizen who is trying to figure out why these things are happening to this island and make sense through the lies, propaganda and conspiracy theories we […]
