Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Aircraft and finance. Cyprus Airways sells AA its last slot at London-Heathrow Airport

Nicosia, Cyprus - The European company is implementing its restructuring plan

Cyprus Airways announced it concluded the sale to American Airlines (AA) of its last slot at London-Heathrow Airport for 31 million dollars (22.9 million Euros). The operation is part of the massive restructuring plan which has been implemented by the main Cypriot carrier in order to ensure its survival after the harsh financial crisis it experience3d during the past years. In February this year...

AVIONEWS - World Aeronautical Press Agency - 1160955
Rome, Italy, 06/17/2014 16:52
AVIONEWS - World Aeronautical Press Agency

Similar

Civil aviationITA-Lufthansa (2): do the Euro-elections hinder marriage?

The vote in June will impose a new political vision on the dossier

The elections for the European Parliament, scheduled for 6 to 9 June 2024, could hinder the marriage of the two national airlines, the Italian ITA Airways and the German Lufthansa. Due to the electoral... more

AirlinesScandinavian airline SAS joins SkyTeam

Accession agreement signed as part of rescue procedure

The formal agreement to join the SkyTeam alliance has been signed by the national carrier Scandinavian Airlines (Sas). The announcement was made in the last few hours by the air carrier's management. It... more

Civil aviationFirst flight of the Airbus "Racer" helicopter

Tested the maneuverability of the prototype aircraft

First flight of the "Racer" helicopter prototype developed by the European manufacturer Airbus Helicopters. The Group announced it. The technology demonstrator, called Rapid And Cost-Efficient Rotorcraft,... more