Other News - 02/28/2006
Cyprus Airways narrowed its annual loss by 41.1% in 2005 to CYP23.2 million ($47.7 million) from a CYP39.4 million deficit in 2004 as cost reductions outpaced a slight drop in revenues. Turnover dipped 1.9% to CYP201.2 million as it shed one aircraft from its fleet. Expenses fell 4.7% to CYP229.3...
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