Ryanair abandons plans to acquire a Cypriot AOC

Credit: By Rob Finlayson
Ryanair is no longer looking to secure a Cypriot air operator’s certificate (AOC) following its failed bid for now-defunct Cyprus Airways. The Irish budget carrier submitted a non-binding expression of interest for the Cypriot government’s 93.67% Cyprus Airways stake in August, but was rejected and...

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