Cyprus Airways News Stories

Cyprus Airways Posts 2011 Loss

February 29, 2012

Cypriot flag carrier Cyprus Airways posted a 2011 full-year net loss of EUR€18.9 million (USD$25.5 million) on lower passenger numbers and tougher competition, it said.
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Cyprus Airways Expects 2011 Loss

February 24, 2012

Cypriot flag carrier Cyprus Airways said on Friday full-year results would be a "significant departure" from 2010 after being hit by intensified competition and rising fuel costs.
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Cyprus Air Says Has No Specific Buyout Bid

February 9, 2012

Cyprus Airways said on Thursday it had not received any firm buyout offers after media speculation prompted the local bourse to suspend its shares.
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Cyprus Air Shares Suspended On Sale Talk

February 9, 2012

Shares in national carrier Cyprus Airways were suspended from trading on Thursday after media reports about its potential sale and financial situation, the Cyprus bourse said.
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Cyprus Eyes Sale Of Cyprus Airways Shares

February 8, 2012

Cyprus said troubled carrier Cyprus Airways can raise fresh capital and that the government was to sell down its stake in the state-controlled carrier.
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Cyprus Mulls Sale of Cyprus Air Stake

February 2, 2012

Cyprus is considering selling up to a majority stake in troubled state-controlled carrier Cyprus Airways to shore up the airline's ailing finances, its finance minister said on Thursday.
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