Cyprus Airways could be forced to shut down at the end of April

Cyprus Airways Airbus A330-243 5B-DBT (msn 526) LHR (Antony J. Best), originally uploaded by Airliners Gallery.

Cyprus Airways (Larnaca) is seeking state aid of $20 million Euros or it will be forced to shut down at the end of April, according to Finance Minister Charilaos Stavrakis. The company is suffering because it must fly around Turkey which puts it at a disadvantage against competitors which can fly over Turkey.

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This entry was posted in Cyprus Airways and tagged Cyprus Airways on March 3, 2011 by Bruce Drum.

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