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New Airline Based In Cyprus  
User currently offlineVCy From Cyprus, joined Dec 2012, 202 posts, RR: 0
Posted (3 months 1 week 2 days 20 hours ago) and read 1334 times:		 Support Airliners.net - become a First Class Member!

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.

Thoughts?

http://famagusta-gazette.com/cyprus-...new-low-cost-airline-p18040-69.htm

these 2 are in greek, sorry  http://www.ant1iwo.com/oikonomia/201...ikh-etaireia-idryei-o-nikos-siako/
http://www.kathimerini.com.cy/index....on=kat&modid=1&artid=122462&show=Y

4 replies: All unread, jump to last
 
User currently offlineJU068 From Serbia, joined Aug 2009, 2579 posts, RR: 6
Reply 1, posted (3 months 1 week 2 days 19 hours ago) and read 1306 times:

Ah Shiakolas... duhh... who else.

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.

I guess he knows that Ryanair will leave Paphos once the government subsidies dry out.

User currently offlineVCy From Cyprus, joined Dec 2012, 202 posts, RR: 0
Reply 2, posted (3 months 1 week 2 days 19 hours ago) and read 1198 times:		 Support Airliners.net - become a First Class Member!

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.

That would actually make sense!

User currently offlineAesma From France, joined Nov 2009, 4783 posts, RR: 9
Reply 3, posted (3 months 1 week 2 days 18 hours ago) and read 1058 times:

Only a millionaire ? He should wait until he's a billionaire !


New Technology is the name we give to stuff that doesn't work yet. Douglas Adams
User currently offlineJU068 From Serbia, joined Aug 2009, 2579 posts, RR: 6
Reply 4, posted (3 months 1 week 2 days 18 hours ago) and read 1040 times:

Quoting Aesma (Reply 3):

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.
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