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Cyprus Airways Ceases Operations after EU State Aid Ruling

The shut down of Cyprus Airways was announced officially on Friday after the European Commission ordered the struggling airline to pay back all incompatible aid received, which was said to amount to over 65 million euros plus interest.

New Deadline For Buyers Of Cyprus Airways Announced

Ryanair and Aegean Airlines, potential buyers of Cyprus Airways, now have until 15 November to submit their binding offers for the loss-making national carrier.

Aegean and Ryanair among those interested in buying Cyprus Airways

The deadline for bids closed on Wednesday and reports say that nine firms, out of the fifteen who had expressed initial interest, have made non-binding bids for struggling Cyprus Airways.
Posted On 05 Sep 2014
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Ryanair Holds Talks On Possible Cyprus Airways Takeover

Ryanair believes it could put Cyprus Airways on a new path of rapid growth, with new routes and more flights.

Cyprus Airways Appoints General Sales Agent For Greece

Cyprus’s national carrier Cyprus Airways has appointed Top Kinisis Hellas as its exclusive General Sales Agent (GSA) in Greece to market the airline's routes.

Cyprus Airways Closes Sales Office In Athens, Greece

Cyprus Airways has announced the closure of its sales office in Athens in an attempt to cut costs in accordance to a restructuring plan.