Greek regional airline Astra has cancelled all flights amid speculation that it has financial struggles. The airline has not commenced any flights since 9 November, it had hoped that a bailout from the Greek government would help – but it hasn’t. Local reports suggest that in order to remain in operation, the airline is looking for a new investor to provide funding – this looks doubtful because of the large amount of competition in the Greek market. Speculation suggests that Astra may be forced to cease operations permanently. Astra was co-founded by Ioannis Zlatanis, founder of Interaviator Ltd, and Anastasios Zirinis,

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