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Cyprus waits for EU approval to inject money into the flag carrier
Cyprus, Republic of Cyprus - A decision about the matter is expected by the end of the current month or at the beginning of April
Cyprus Airways is expecting the decision of European Union which would express its approval or not about the injection of money into the airline by the Government of Cyprus at the end of the current month or at the beginning of April. According to plans the state should furnish aid for USD 66,9m as the airline is suffering from heavy financial losses and competition by low-cost carriers. Communications...
AVIONEWS - World Aeronautical Press Agency - 116574
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency