Cyprus Airways is considering a partial renewal of its fleet to cut down on its growing fuel bill, it said this week. "We are looking at the possibility of a part renewal of our aircraft in some depth. We expect to have a partly renewed fleet by the next summer season," Chairman Kikis Lazarides said at a Nicosia news conference, Reuters reported. It said CY's fleet of two A319s, seven A320s and two A330-200s has an average age of 12.5 years. The airline reported a rare profit in 2007 ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.