Israel’s Global Knafaim said Thursday it bought a 49.9% stake in the small Cypriot airline Tus Airways with a $5 million investment. The El Al shareholder said it signed a letter of intent
Although emerging news of an effective vaccine gives reason for hope, airports along with the rest of the aviation sector cannot simply wait for herd immunity, said ACI Europe’s President Jost Lammers.
Cyprus has called on its European Union counterparts to take common action on air travel and connectivity to mitigate the negative impact of the coronavirus. Transport Minister Yiannis Karousos sent a non-paper