Haris Loizides is new CY chairman

THE CABINET yesterday appointed Cyprus Airways board member Haris Loizides as the airline’s new chairman.

He replaces Takis Kyriakides who resigned on Monday to become the chairman of Lordos Holdings.

Loizides said his first task would be “to oversee normal labour relations and stable and long-term industrial peace as a necessary precondition for the survival and further development of Cyprus Airways which benefits the company, staff, tourism and the economy”.

A replacement for Loizides on the Cyprus Airways board will be decided on December 16.

Yesterday Kyriakides advised his successor to seek long-term goals for the airline. He denied that the pressure of the job had anything to do with his decision to quit, although he did say there had been some undermining of his position.

“From the governments part there was never an issue of challenging my position as chairman,” he said. “On the contrary, I had their full support. As for the other undermining, this is part of the game — and there was plenty of it going on.”

He advised Loizides to continue to believe in the airline but never to underestimate the necessity to continue efforts to restructure the company fully.

“It is not an issue of solving certain problems temporarily, even if we disappoint some people in the short term,” Kyriakides said.

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.