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CAIR: Strengthening of capital base

08/02/2012 11:12
At a meeting held yesterday, the Board of Directors of Cyprus Airways discussed the strengthening of the Company’s capital base.

According to the announcement, “talks on the issue will be continued at the next meeting of the Board of Directors scheduled for Thursday, February 16, 2012, after deliberations with the government, as its major shareholder”.

Today, the Council of Ministers will hold a meeting to discuss the ways that CAIR will be strengthened, including the cooperation with a strategic investor.