Cyprus Airways restructuring starts to show benefits

Cyprus Airways' 2006 full-year loss narrowed to CYP7.2 million ($16.5 million) from CYP22.6 million in 2005 as it began to benefit from its restructuring initiatives. It said in January that it expects to be profitable this year ( ATWOnline, Jan. 4). It said improved yield and an increase in RPKs...

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