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TUS Airways is asking state aid €800,000
© InCyprus | TUS Airways is asking state aid €800,000

TUS Airways gave the government an ultimatum, in the joint meeting they had with the ministries of transport and finance, that unless it provides aid of the amount of €800,000 by the end of September then the airline will go under.
As Chief Executive Andrew Pyne announced at the meeting, a foreign investor has been found who intends to invest several million in the company, but will only do so on the condition that the government chips in with the aforementioned amount.
Otherwise the….. Read More On: InCyprus

Article Source: InCyprus
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