VCy From Cyprus, joined Dec 2012, 268 posts, RR: 0 Posted (2 years 5 months 3 weeks 4 days 6 hours ago) and read 3472 times:
A millionaire has announced the creation of a new airline in Cyprus that will be based in Paphos. No further announcements have been made yet, other than the main hub, PFO, and that it is going to be a small airline but efficient and it will not be seasonal.
I think the obvious markets are the UK and Russia.
VCy From Cyprus, joined Dec 2012, 268 posts, RR: 0
Reply 2, posted (2 years 5 months 3 weeks 4 days 5 hours ago) and read 3336 times:
Quoting JU068 (Reply 1): If he really wants to enter the aviation market why not take over Cyprus Airways and fix it? Anyway the government is desperate enough and the last time I checked one share of CY was worth €0,01.
Well after reading the articles in Greek it seems that they will be some sort of charter airline. Like I said, I doubt the government of Cyprus will have the cash to pay Ryanair so why not establish an airline after they are gone? Someone will have to carry these passengers.