With reference to the CSE Circular 04-2013, which calls on the companies to inform the investing public on the Eurogroup decisions and to what extent they are affected, Cyprus Airways Public Ltd would like to inform the investing public the following:
1. It is expected that the Company’s turnover will decline significantly but no safe forecasts can be made at this stage.
2. On March 15, 2013, the Company had deposits in Bank of Cyprus of €201.843 and $4.393 and in Cyprus Popular Bank of €1.059.552, €1.049.967 of which are blocked as a security for the guarantees issued.
1. It is expected that the Company’s turnover will decline significantly but no safe forecasts can be made at this stage.
2. On March 15, 2013, the Company had deposits in Bank of Cyprus of €201.843 and $4.393 and in Cyprus Popular Bank of €1.059.552, €1.049.967 of which are blocked as a security for the guarantees issued.
Tuesday, 2 April, 2013 - 15:11