NICOSIA - A plan “B” for national air carrier, Cyprus Airways, is a positive step in the right direction, Cyprus Airways (CA) President Tonis Antoniou has said, calling on staff and passengers not to worry.
Antoniou, who was replying to questions, at CA headquarters, in Nicosia, on Tuesday, also said that other air carriers and both foreign and local investors have shown great interest in investing in the company.
At the same time he said that an EU decision on the future of the airline, originally estimated to be announced by the end of October, might take a little longer. He clarified, however that it is the EU’s prerogative when to issue decisions.
EU regulator on state aid is investigating whether state aid granted to Cypriot national carrier complies with EU state aid rules.
Antoniou said that plan “B” entails in having an alternative in case of an eventual negative EU decision by obtaining an air carrier permit for an old subsidiary of Cyprus Airways, Cyprair Tours.
He noted that so far there have been no negative or positive signals from Brussels.
Asked whether staff or passengers will be affected in case plan “B” goes ahead, he replied negatively.
“I wish to reassure both staff and passengers”, he said, adding that upon hearing of something new which has never before happened in Cyprus they would be justified to worry.
Our effort, he pointed out, is to keep our staff in case the new company goes ahead, so I see no reason for them to worry.
Addressing possible passengers’ fears he said that there is no chance they would lose their money, since their reservations will merely be transferred to the new company.