Cyprus Airways to be shut down unless they find a new investor

Cyprus Airways (Larnaca) will be shut down unless the struggling flag carrier can find a new group to invest $49.3 million in the company, according to Ta Nea, citing CEO George Mavrocostas. The airline is talking to interested parties.

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This entry was posted in Cyprus Airways and tagged Cyprus Airways on April 20, 2012 by Bruce Drum.

About Bruce Drum

I have started the ultimate digital photo library of the fascinating world of airliners and airlines. The goal is to have the complete history of all airlines and the various aircraft operated. I have been photographing airplanes since 1965. Join us in this adventure.

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