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Cobalt Air license revoked, company recorded annually €30 mln losses in the past three years
© Parikiaki | Cobalt Air license revoked, company recorded annually €30 mln losses in the past three years

Cyprus’ Air Transport Licensing Authority (ATLA) decided to revoke Cobalt Air’s operating license, Alecos Michaelides, the Permanent Secretary of the Ministry of Transport, Communications and Works told CNA.
A letter from ATLA informing the company about its decision will be sent Friday, Michaelides added.
He noted that he the company preferred its license to be suspended temporarily, but according to Michaelides, there was no reason to do so.
The decision was taken earlier on Thur….. Read More On: Parikiaki

Article Source: Parikiaki
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