The Cyprus Airways logo will take once again to the skies after Russian airline company S7 and the Cyprus Finance Ministry put pen to paper on Friday.
Charlie Airlines, a subsidiary company of S7, will have the right to use for ten years the commercial emblem and logo of defunct Cyprus Airways in exchange for €2.04 million.
The signing ceremony took place on Friday and the deal included a five-year renewal clause on conditions based on negotiations between the company and the state.
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