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CAIR sold time slot against €6.3mn

13/03/2014 14:47
Cyprus Airways have reached an agreement with Middle East Airlines for the sale of the evening time slot at the Heathrow Airport of London against €6.30 million.

According to an announcement released today, Cyprus Airways noted that the sale of the time slot is included in the Restructuring Plan submitted to the European Union.

As a result of the agreement, from March 25, 2014 Cyprus Airways will execute one flight to and from Heathrow Airport departing from Larnaca at 10.00 am (CY346) and arriving to London at 13.05 local time and departing from London at 14.25 (CY347) and arriving to Larnaca at 21.00, the announcement concluded.