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>> KLM ROYAL DUTCH AIRLINES Latest News

JAN 30, 2015 - TheStreet

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The Trials of Older Airlines in the Wake of Cyprus Airways

There was no mystery and no tantalizing search for a missing black box on Jan. 9, when ailing Cyprus Airways finally crash-landed into bankruptcy. Within hours of a decision by the European Commission to demand the repayment of €65 million ($75.6 million), plus interest, of illegal state aid, the 68-year-old airline made its last flight. The carrier, 93% owned by ...

Tags: The Trials of Older Airlines in the Wake of Cyprus Airways,  Klm Royal Dutch Airlines Latest News