CYPRUS: C.A restructuring plan to be ready sooner than scheduled

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The plan for the restructuring of Cyprus Airways will be ready sooner than scheduled.

The Ministerial Committee dealing with the issue met on Monday at the Presidential Palace with the Board of Directors of Cyprus Airways.

Minister of Commerce, Industry and Tourism Neoclis Sylikiotis told CNA that it was a routine meeting and was followed by a meeting of the Council of Ministers, noting that any decisions would be taken after the plan was ready.

The Ministerial Committee comprises the Ministers of Finance, Communications and Works, Commerce, Industry and Tourism, and Labour and Social Insurance.