Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Cyprus Airways greeted the European okay to Government aid

Brussels, Belgium - The restructuring plan is expected to be completed in six months

Cyprus Airways has gained the approval of European Commission to receive the state loan which violate no European Union rules. The Government of the island will be able to back the national carrier through a loan of more than USD 66m in the next six months. Such decision will allow to airline’s management to organize the company restructuring. The state money will be enough to cover the Cyprus Airways r...

AVIONEWS - World Aeronautical Press Agency - 119791
Rome, Italy, 05/03/2005 17:56
AVIONEWS - World Aeronautical Press Agency

Similar

AirlinesUnited invests in start-up: collaboration includes purchase up to 200 airplanes

The company is creating an aircraft design that has the potential to deliver jet fuel efficiency

United today announced an investment in Blended Wing Body (BWB) aircraft start-up JetZero. The company is creating an aircraft design that has the potential to deliver jet fuel efficiency and a greatly... more

AirlinesPlanes-ships. Departure of new charter flights boarding in Genoa and Savona

The first flight from Amsterdam tomorrow morning

Thanks to the collaboration with Genoa Airport, Costa inaugurates the season of inbound and outbound charter flights dedicated to Dutch and German customers, organized with the two airlines Corendon and... more

AirlinesSaudia Group discloses order for 10 A-330neo aircraft for flyadeal

The agreement was announced at a signing ceremony held at industy’s facilities

Saudia Group has disclosed an order with Airbus for 10 A-330/900 aircraft for its subsidiary flyadeal. It marks the first widebody order for the subsidiary and paves the way for new long-haul services... more