By George Psyllides
AEGEAN Airlines said yesterday it was interested in developing its operations on the island, but it was not yet clear whether the process involved acquiring the island’s ailing carrier Cyprus Airways (CY).
Vice chairman Eftihios Vasilakis said CY’s main asset was the brand. Conditions would show if Aegean’s development in Cyprus would take place independently or through co-operation.
“I think the Cypriot state has realised it can no longer support the company because of the cost…Read More