Cyprus Airways announced the sale of its last remaining slot at London Heathrow Airport to American Airlines for $31 million, as part of a restructuring plan. The sale amounts to a revenue stream that will boost the company’s liquidity up to 2015. The airline intends to transfer its London route t...
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CEBU PACIFIC TO INVEST $1 BILLION OVER FOUR YEARS
By
Dino D'Amore
14th January 2011