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Planes. New bankruptcy. Cobalt Air operations suspended

Financial difficulties caused by rising of fuel costs

New failure in the European skies. Yesterday the Cypriot low-cost company Cobalt Air suspended all the flight operations, as announced on its website. After starting the first connections from Nicosia airport in 2016 the airline -operating with 2 Airbus A-319/100 and 4 A-320/200 in leasing- it seemed that the small low-cost could grow steadily in the time, since it reached about 20 destinations in...

M/A - 1215313

AVIONEWS - World Aeronautical Press Agency
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