Cyprus Airways and employees' trade unions called on parliamentarians to approve payment of €20 million ($27.3 million) to the company to help to stay in air, Famagusta Gazette reported this week. Compensation to the cash-strapped airline is for losses incurred owing to the Turkish airspace ban, which forces it to take alternate, more expensive routes to Northern Europe and Russia. Airline employees have agreed to a 9% salary reduction. CY is expecting a €60 million deficit ...

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