
Cyprus Finance Minister Kikis Kazamias, speaking in a tourism conference offered many schemes for selling maximum Cyprus Airways shares.
Kazamias said, “We have already prepared a proposal for the Cabinet to consider at a future meeting. We are asking that a decision is taken by the government – being the biggest shareholder of Cyprus Airways - announcing its readiness to negotiate with a strategic investor or partner, not excluding the sale of the majority of shares.”
Kazamias said that this is the only way to attract tourist towards the biggest Airway Company of Cyprus. The airway company is facing financial crisis these days. And the decisions like this can revive the Airways again.
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