Other News - 01/03/2007

Cyprus Airways said it has completed its restructuring process ( ATWOnline , Jan. 11, 2006) and is expecting to turn a profit this year. It lost CYP23.2 million ($53.1 million) in 2005 and has not announced its 2006 results. The carrier cut 500 employees from a staff of 1,800 and implemented salary...

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