Cyprus Mail
Cyprus

Lakkotrypis: Transaero bankruptcy a negative development (Update 3)

By Stelios Orphanides

Giorgos Lakkotrypis, minister of energy, commerce, industry and tourism said that reports about a probable bankruptcy of Russian airliner Transaero is a negative development, the Cyprus News Agency reported.

Lakkotrypis said that authorities are looking to assess how this development could affect tourists already vacationing in Cyprus as well as how it would affect tour operators in the months ahead, the news agency reported.

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