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Cypriot Govt Approves Plan for New Cyprus Airways

The Cypriot government has finally assigned the Finance Ministry to proceed with acquiring advisors in order to set up the new national airline that...

No Air Carrier Interested in Acquiring Cyprus Airways

“Neither Ryanair nor Aegean company is ready to make a meaningful offer for Cyprus Airways and their terms are not in the public interest,”...

Aegean Airlines Invests 300 Million Euros in New Aircraft

One year has passed since the merger of Aegean Airlines and historic Olympic Air and the former presented its plans for the future. Among others,...

Nine Companies Bid for Cyprus Airways

Nine companies have made non-binding offers for Cyprus Airways. Among them are Ireland’s Ryanair and Greece’s Aegean Airlines. According to "Phileleftheros" newspaper, the deadline for bids closed on Wednesday...

Cyprus Airways Chairman Resigns

Antonis (Tony) Antoniou, Chairman of the Board of Directors of Cyprus Airways, submitted his resignation to the President of the Republic of Cyprus. Antoniou, was...

Aegean Airlines Interested in Cyprus Airways

Aegean Airlines submitted to the Cypriot authorities an official request to participate in the initial stage of the procedure leading to the sale of...

Troika: “No State Subsidy for Cyprus Airways”

Troika has made it crystal clear that the Cyprus Government should not provide any State subsidy to the Cyprus’s state-owned airline Cyprus Airways.  According...

Trabzonspor Lands in Larnaca, 39 Years Later

The professional Turkish football club, Trabzonspor, nicknamed The Black Sea Storm, arrived at Larnaca Airport in  Cyprus, for the Europa League match with Apollon...

Cyprus Airways Trade Unions Warn of Strike Action

Cyprus Airways trade unions have warned of strong strike action including indefinite strike in protest over a violation of an agreement by the government...

EU Probes Aegean’s Olympic Bid

Worried about a near-monopoly on domestic air traffic in Greece, European Union antitrust regulators plan a lengthy investigation into a second attempt by Greek...

Cyprus Air Workers Face Firing Without Pay

Cyprus Airways is planning to fire 500 employees without giving them compensation, the website newsit.com.cy, reported because airline officials said the carrier can't afford...

Cyprus Airways Seeks Survival Deal

Cyprus Airways management and the workers union were expected to reach an agreement to keep the airline flying but which lead to the layoff...

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