8-Feb-2012 9:11 AM
Cyprus Airways dismisses reports that it will cease operations
Cyprus Airways stated (07-Feb-2012) it intends to maintain its operations describing reports it is about to cease operating as "scaremongering". The airline, which is 70% state owned, is currently trying to attract "a credible strategic investor". Cyprus Airways operates short-haul services across Europe and the Middle East. [more - original PR]