03-Jun-2010 9:08 AM
Cypriot unions accept the ‘inevitable’ – a merger of Cyprus Airways and Eurocypria
Analysis
Cyprus-based Eurocypria's trade unions this week stated they had no opposition to a merger between the carrier and Cyprus Airways. A report on a merger between the two government-owned carriers is being compiled by KPMG and is due before the end of Jun-2010. In an unusual case, the Cypriot Government owns 100% of Eurocypria and 70% of Cyprus Airways.
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