VCy
Topic Author
Posts: 322
Joined: Tue Dec 04, 2012 8:01 am

New Airline Based In Cyprus

Sun Feb 10, 2013 3:41 pm

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
 
JU068
Posts: 2094
Joined: Thu Aug 20, 2009 8:23 am

RE: New Airline Based In Cyprus

Sun Feb 10, 2013 3:49 pm

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.
 
VCy
Topic Author
Posts: 322
Joined: Tue Dec 04, 2012 8:01 am

RE: New Airline Based In Cyprus

Sun Feb 10, 2013 4:17 pm

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!
 
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Aesma
Posts: 7497
Joined: Sat Nov 14, 2009 6:14 am

RE: New Airline Based In Cyprus

Sun Feb 10, 2013 4:59 pm

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
 
JU068
Posts: 2094
Joined: Thu Aug 20, 2009 8:23 am

RE: New Airline Based In Cyprus

Sun Feb 10, 2013 5:05 pm

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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