Cobalt Air and Tus Airways are two Cypriot airlines based at Larnaca International Airport, the main international gateway for Cyprus. The two carriers, established in 2016, are competing for the regional market following the collapse of Cyprus Airways. The state-owned carrier served as the national airline for over 60 years, but ceased operations on 09-Jan-2015 due to financial difficulties. The dissolution led to a competitive period where international carriers such as Aegean Airlines, Pegasus Airlines and Ryanair expanded on routes previously served by Cyprus Airways. Charlie Airlines, another Cypriot start-up, secured the trademark and branding rights to the Cyprus Airways logo.
Air Navigation service and safety is provided by EUROCONTROL whilst the Department of Civil Aviation is the regulatory body.
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