CY sells ageing Airbus

CYPRUS AIRWAYS has signed a letter of intent with Eastok Avia Fze of Kyrgystan to sell an ageing A320 aircraft for $6.1 million, the Cypriot airline said yesterday. The deal was conditional on a final sales agreement with the buyer and approval by the board of the airline, Cyprus Airways said. Eastok Avia is a charter airline based in Bishkek.

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.