The Board of Directors of Cyprus Airways decided to reduce the nominal value of the shares from €0.09 to €0.01 in order to increase the share capital. According to an announcement released today,...
The Board of Directors of Cyprus Airways chose Air France – KLM Consulting to prepare a new restructuring plan against the sum of €226,175 plus expenses. According to a letter sent to the Parliament...
The Council of Ministers appointed on Thursday Stelios Himonas, General Director of the Ministry of Justice, as investigating officer for the involvement of Marios Ieronymides in the consultations...
The government and the House Finance Committee agreed on Monday to appoint new Board members in the Board of Directors of Cyprus Airways. Following a marathon session in the presence of Finance...
The official proposal of the Canadian company Triple Five for the acquisition of a majority stake in Cyprus Airways will be submitted next week, CAIR Executive Chairman, Giorgos Mavrokostas told...
Communications and Works Minister, Efthimios Flourentzou recommended the referral of the law on Cyprus Airways approved by the House of Representatives, in a letter to be sent to President of the...
The Cyprus Airways employees decided on Monday to take response measures in order to withdraw the open skies plan. The measures – as said at the joint meeting of the four trade unions, excluding...
The Parliament approved unanimously but under strict conditions the increase in the share capital of Cyprus Airways by €15 million instead of €31.3 million. After amendment of the opposition...
In an announcement released on Friday, Cyprus Airways said that the interest of Triple Five is subject to certain conditions that must be agreed with the government, the major shareholder, before...
Cyprus Airways need €70 million to become viable, one of the private shareholders to the House Finance Committee today. After examining the supplementary budget for the share capital increase of...