The government of Cyprus has officially put Cyprus Airways up for sale in a final attempt to save the airline from bankruptcy. Last week, the government published a call for expressions of interest (EOI) from “strategic and/or financial investors” for acquiring either “shares or a significant bundle of assets” of the airline. The government of Cyprus is the major shareholder in the carrier, holding a 93.67% stake, with the remainder in the hands of private investors. ...

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