Cyprus Turkish Airlines suspends all operations

Cyprus Turkish Airlines (Kibris Hava Yollari-KTHY) (Ercan) suspended all operations on June 21, 2010 due to mounting debts.

The airline announced the suspension on its website:

http://www.kthy.net/

Trying to avoid filing for bankruptcy, the company had previously decided to sell the company this month. Atlasjet was the only bidder and did purchase a 50.1 percent share in the company on June 23. Atlasjet intends to restart operations with a new AOC.

The airline of the Turkish portion of Cyprus launched scheduled operations on February 3, 1975.

Copyright Photo: Rick Schlamp. The company updated its livery in 2009 with this new look. Boeing 737-86N TC-CTA (msn 35643) taxies past the camera at Seattle (Boeing Field-King County) before it was delivered on April 30, 2009.

2 thoughts on “Cyprus Turkish Airlines suspends all operations

  1. tijen humm

    I have bought 3 tickets for about 5 mounts ago from cyprus turkish airlines, now that they say the company has bankcurptcy, I am wondering would I ever able to fly to turkey with my 2 children to see my family @17/072010 I have had no replt from them at all what do I do please has any one has got an idea???? thank you

    1. brucedrum

      Cyprus Turkish Airlines (as we reported) has suspended operations due to its debts. However Atlasjet (new part owner) is planning to resume operations. Whether they would honor your tickets is for them to answer, if they start operations. I recommend you contact the airport at Erbil to see if they have any news.

      Bruce Drum

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