Blue Air officials visited Cyprus, where they met with several government officials, officials of the local aeronautical authority and the Cypriot government’s consultant in the privatization, KPMG.
Blue Air said the technical details of the deal cannot be made public at this time, citing a confidentiality agreement signed with the Cyprus government.
Founded in 1947, Cyprus Airways is Cyprus’ state-owned carrier and operates six Airbus 320 aircrafts to 19 destinations in Europe and the Near East. Cyprus Airways has partnerships with several airlines, including Romanian flag carrier Tarom.