Due to the reduction in state support, Cyprus Airways is on the verge of bankruptcy. Only last year the carrier suffered 55, 8 million EUR of losses, which the authorities of Cyprus will not be able to cover from the federal budget due to the crisis prevailing in the country.

The authorities see three possible scenarios: close the flights now, in the autumn, after the end of the season, or try to still retain Cyprus Airways. The intermediate option is to wait until the company is liquidated until the fall - it's unlikely: passengers are reluctant to buy tickets for the carrier's flights, which is on the verge of bankruptcy, and the receipt of funds from ticket sales is drastically reduced, so half-measures are unsuitable in this situation.

10 fresh news

• On March 5, the 85th Geneva Motor Show will start (Feb 27)
• Paris will lose one of the main attractions (Feb 27)
• The tourist fell from a height of 500 meters, trying to make self (Feb 27)
• On the flight "Victory" did not have enough seats for all passengers (Feb 27)
• The Quidditch Championship started in Spain (Feb 27)
• Israeli passengers almost beat the flight attendant because of the chocolate (Feb 27)
• The most expensive ski resorts in Europe are identified (Feb 27)
• Smoking marijuana is legalized in Washington (Feb 27)
• Increased the cost of overseas roaming (Feb 27)
• The ski season in Sochi will last until May (Feb 27)