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Cyprus Airways moves closer to Air France after the Central Bank rejects MEA’s takeover bid

Cyprus Airways (Larnaca) is moving closer to Air France (Paris) with an expanded code-share program. Air France-KLM is helping the airline with its reorganization. The carrier today made this announcement:

Air France and Cyprus Airways are building on their existing cooperation to now offer a total of 20 daily code-share flights.

This new agreement offers travellers a wider choice of seamless travel solutions. Passengers travelling on Air France’s extensive international network are now able to connect to and from Cyprus at Paris-Charles de Gaulle airport.

Flight options between Larnaca and Paris are also enhanced through several daily connections via Athens, in addition to the five weekly nonstop flights operated by Cyprus Airways. Customers can now take advantage of the domestic flights operated within Greece by Cyprus Airways, offering easy connections via Athens, between Paris, Rhodes and Heraklion.

Thanks to this new code-share agreement, Air France will now offer flights operated by Cyprus Airways: Larnaca-Paris, Larnaca-Athens, Athens-Heraklion and Athens-Rhodes. Cyprus Airways will also offer flights operated by Air France between Athens and Paris.

To better serve passengers on both airlines’ code-share flights, Cyprus Airways has conveniently moved from Terminal 1 to Terminal 2 at Charles de Gaulle (CDG) airport. Terminal 2 is also used by Air France for its own flight operations. Moreover, passengers on both Air France and Cyprus Airways flights can collect points for their frequent flyer programmes, Flying Blue and Sunmiles, with each airline on all code-share flights.

This expanded relationship follows the bank rejection of all overtures by MEA-Middle East Airlines (Beirut) to either acquire a share or all of Cyprus Airways. The Central Bank, which controls the majority shares of MEA, rejected the plan by MEA to buy into troubled Cyprus Airways which is undergoing an reorganization. The bank did not want the airline to take on this added risk.

Read the full report from The Daily Star: CLICK HERE

Meanwhile Cyprus Airways’ pilots are supporting the restructuring plan being designed by Air France-KLM.

Video: 65 Years of Cyprus Airways: