The Council of Ministers approved on Thursday the Finance Ministry’s proposal for the support of Cyprus Airways by the taxpayers with €20 million due to the losses that it suffers from the embargo of...
Cyprus Airways are seeking for €65 million so as to deal with the problems that they face. The trade unions expressed their willingness to proceed with direct and indirect allocations of €12 million...
The Finance Ministry is examining scenarios for the state support of Cyprus Airways with €20 million, as an offset to the losses that the national carrier is suffering in the past few years for the...
“The lifeline of Cyprus Airways is very short”, CAIR CEO, Giorgos Mavrokostas stated on Tuesday. Explaining to the Parliament earlier today the reasons that forced the company to abolish certain...
Cyprus Airways schedule the abolition of a significant number of flights after scenarios according to which the national carrier runs the risk of closing until April if no significant measures for...
The Paphos City Council criticized strongly the Cyprus Airways Management on Monday for abolishing the only flight to Athens from Paphos International Airport. Speaking to a Press Conference,...
The results of Cyprus Airways are expected to be more loss-making than in 2009, mostly due to the lower revenues. According to the announcement, “the worsening of the financial results is mainly...
The Board of Directors of Cyprus Airways appointed on Thursday Mr. Giorgos Mavrokostas as Chief Executive Officer. As announced by the Company, the Company appointed two more new Board members, Mr....
The 24-hour strike in Greece on Wednesday is expected to affect Cyprus too, since 26 flights to and from the island’s airports will be cancelled due to the strike of the Greek air-traffic controllers...
“So far, there is nothing demanding the intervention of the Labour Minister and the Social Securities”, Labour Minister, Sotiroula Charalambou stated, invited to comment on reports according to which...