SHARE
End of the road: Cobalt enters into liquidation
© News In Cyprus | End of the road: Cobalt enters into liquidation


Any optimism that Cobalt Air might be resurrected have finally ended with the announcement that the company has recently entered into liquidation.
At the start of October 2018 rumours began circulating that the budget airline was facing financial problems after two of its aircraft were grounded for two days, causing delays to flights. The company had posted losses for the year 2017 and liquidity issues combined with a difficulty by Chinese stockholders to export capital due to Chine….. Read More On: News In Cyprus

Article Source: News In Cyprus
The contents of this article including any associated images are © News In Cyprus