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Cobalt Air expresses 'great regret' for the suspension of all its operations

18/10/2018 09:24

Cobalt Air has expressed great regret for the suspension of its operations, saying this is a “ sad day” for employees and passengers alike.
A statement, issued here tonight by the airline, also says that in spite of arduous efforts to keep the airline flying, it was not possible to secure long-term financing.
“It is with great regret that we must inform you that COBALT Air will cease all operations at midnight on October 17th, 2018 and enter into administration process, after 2 years and 3 months of operations,” the statement said.

This, it noted, “is a sad day for all the employees and passengers of COBALT Air. The company has been working relentlessly during the past months to secure the long-term financing of the airline.”

This is “an enormous disappointment after the incredible hard work and dedication put into building the airline. We would like to express our regret for any inconvenience caused by this sudden decision to all of our passengers.”  

“The company would like to sincerely thank all its employees for their hard work and dedication, its clients for years of loyal support and its suppliers for their cooperation during the years,” the statement concludes.

Contact numbers that Cobalt Air stranded passengers will be able to use to find one way return tickets to their country of residence will be announced soon, Transport Minister Vassiliki Anastasiadou has told CNA, noting that the ticket cost will be covered by the state.

Cobalt Air ceased all operations at midnight yesterday and entered into administration process, after 2 years and 3 months of operations, expressing “great regret”.

Replying to a question by Cyprus News Agency on what will happen to stranded passengers Anastasiadou said that the ministry’s “foremost priority is to help the people who are stranded either in Cyprus or abroad.”

We will publish today telephone numbers for passengers to contact for one-way tickets, so that they can return to their country of residence, she added.

The minister further announced that the cost of the tickets will be covered by the state.

At the same time, she clarified that these tickets only concern passengers who are stranded and not those who have booked tickets to travel abroad.