Surge of interest in Cyprus Airways sell-off

admin
By admin July 28, 2014 11:39

Surge of interest in Cyprus Airways sell-off

Up to 20 companies have registered interest in acquiring either stock and/or assets belonging to Cyprus Airways, in the wake of the Cypriot government’s recently issued request for Expressions of Interest over its 93.67% stake in the carrier.

Among the airlines and aviation-related interests are Aegean Airlines, Ryanair, Romania’s Blue Air, and Arkia Israeli Airlines.

Cypriot Communications Minister Marios Demetriades stated that 25% of the companies that have submitted EoIs to the Cypriot government so far have been related to aviation.

admin
By admin July 28, 2014 11:39