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Aircraft and finance. Cyprus Airways sells AA its last slot at London-Heathrow Airport

Nicosia, Cyprus - The European company is implementing its restructuring plan

Cyprus Airways announced it concluded the sale to American Airlines (AA) of its last slot at London-Heathrow Airport for 31 million dollars (22.9 million Euros). The operation is part of the massive restructuring plan which has been implemented by the main Cypriot carrier in order to ensure its survival after the harsh financial crisis it experience3d during the past years. In February this year...

AVIONEWS - World Aeronautical Press Agency - 1160955

AVIONEWS - World Aeronautical Press Agency
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