TUS Airways inks investment agreement with Holiday Lines

TUS Airways, a Cypriot-based carrier, has signed a significant investment agreement with the Holiday Lines Group. The Holiday Lines Group, along with existing shareholders Ken Woolley and Global Knafaim Leasing, will hold each hold equal shares in TUS Airways upon completion of the agreement. The Holiday Lines Group markets holiday packages across the Mediterranean and Europe, and owns Greek airline Bluebird Airways and an online travel agency. “The announcement secures a bright future for TUS Airways placing us in a unique position within a robust and formidable aviation family,” said TUS Airways CEO Ahmed Aly. “By welcoming Holiday Lines Group