403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Cyprus Airways flights terminated after EU ruling
(MENAFN- AFP) Cyprus on Friday announced the "immediate termination" of Cyprus Airways flights after EU regulators ordered Nicosia to recover illegal state aid granted to the ailing carrier.
Communications Minister Marios Demetriades had warned the airline could not survive if the EU decided Cyprus broke the rules by giving it a 31-million-euro ($37 million) capital increase and a 34-million-euro rescue loan.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
More Story
Comments
No comment