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Nel Lines Acquires New Vessels and Merges with C-Link

As we go to press, shareholders of Nel-Lesvos Maritime are being asked to back a 23-million capital increase that will be used in part to acquire five used vessels. Two of the vessels are passenger ferries with Cypriot flags and three are ro-ro vessels under the Greek flag.
Posted On 01 Mar 2006
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Hellas Jet Continues Search for Buyer

Hellas Jet, a creation of Cyprus Airways, continues its search for a buyer after Dutch and British buyers backed out of a possible purchase agreement. Press reports say the airline will be forced to shut down.
Posted On 01 Apr 2005
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Hellas Jet Gets Operator’s License

Cyprus Airways subsidiary, Hellas Jet, picked up an air operator's license for Greece but is still waiting on a commercial license. Although the airline had hoped to begin flights on June 23, as we go to press there has been no further announcements as to when flights will begin.
Posted On 01 Jul 2003
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Cyprus Airways To Create Greek Subsidiary

Either through a Greek subsidiary airline or through an alliance with a private Greek carrier, Cyprus Airways is about to take on Olympic Airways. The Cypriot flag carrier says it will concentrate on international flights out of Greece and perhaps team up with a private Greek...
Posted On 01 Jan 2002
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