Cobalt flights grounded from midnight

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Cobalt flights grounded from midnight
 © CyprusMail 2018
Cobalt airlines, the largest Cyprus-based airline, is expected to ground its flights as of midnight on Wednesday, after reports said that the company failed to reach a deal with a potential European investor.

According to Economy Today, the company has only €15 million its accounts, which are expected to be used to pay the employees.

The transport ministry told the website that they are on standby to ensure that no passengers are affected by the issue.

Daily Politis reported that transport minister Vasiliki Anastasiadou and the ministry’s permanent secretary are...


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Cobalt flights grounded from midnight


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