18-Jan-2011 11:01 AM
Northern Cyprus Airlines to be founded on 18-Jan-2011
Northern Cyprus Airlines will reportedly be founded today by a consortium of state and private investors and Turkish Airlines (18-Jan-2011) (World Bulletin/turkishpress, 17-Jan-2011). The new airlines company will be established after Turkish Cypriot Airlines (KTHY) declared bankruptcy in Sep-2010. The new company will operate to 11 destinations with three aircraft initially with services to commence at the end of Mar-2011.