Cyprus Airways released a statement saying that its 2008 financial results "are expected to be improved compared to the comparatives for 2007," in which it posted a €1.2 million ($1.5 million) profit that was its first in several years. The board is scheduled to meet Feb. 27 to approve the 2008 accounts. Through the first six months of last year the airline was €7.2 million in the red compared to an €11.6 million deficit through the first half of 2007. Its six-month ...

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