Cobalt chairman Gregoris Diakos has denied mismanagement was to blame for the closure of the airline which left thousands of passengers stranded and 280 employees jobless.
In an interview with Philenews, Diakos said the company had tried to be as effective as possible.
“The last steps we took with the change of the management team led to very encouraging results over the past four months. We managed to increase revenue significantly and everyone could see that the airplanes were ….. Read More On: InCyprus
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