Cyprus Airways will launch two new flights to Tehran from July 7 and to Erbil of North Iraq from July 4. According to the announcement, CAIR will fly to Tehran twice a week, offering connections...
Cyprus Airways CEO, Giorgos Mavrokostas talked about a possible share cooperation between CAIR and Olympic Air. Mr. Mavrokostas and Executive Chairman of Olympic Air, Yiannis Karakadas referred to...
An agreement for wide-ranging cooperation between Cyprus Airways and Olympic Air has been signed by the Olympic Air Executive Chairman Mr. Yiannis Karakadas and the Cyprus Airways Executive Chairman...
The state support that Cyprus Airways received last week converted the operating losses of the national carrier to profits. According to the announcement released today, 2010 ended with profits of €...
The liquidator of Eurocypria, Chris Jacovides, filed a legal action against Cyprus Airways today before the Larnaca District Court. The legal action concerns the issue of a prohibitive decree for...
Only few hours after the Parliament approved the allocation of €20 million to Cyprus Airways as a compensation for the Turkish embargo, the government “knocked its door once again” asking for its...
The state aid of Cyprus Airways runs the risk of becoming a boomerang. CAIR hope that the Parliament will approve today the supplementary budget of €20 million as an offset of the increased cost due...
Cyprus Airways announced on Thursday that it sold an aircraft to Myanmar Airways International against $6 million. The sale of A320-200 aircraft MSN295 took place in the context of the Company's...
Finance Minister, Charilaos Stavrakis stated on Monday that Cyprus Airways will close if no state aid is granted, stressing, however, that even with the injection of €20 million their future is still...
The number of persons that will withdraw from Cyprus Airways will reach 156, according to a document submitted to the House Finance Committee by the Management. The Management’s initial estimate...