Cyprus Airways brand to be resurrected

€2 million paid to use logo of defunct carrier for 10 years
Russian carrier Charlie Airlines has paid €2 million to use the logo of defunct Cyprus Airways for 10 years.
A subsidiary of Russia’s S7 airline, which is part of the oneworld alliance, Charlie Airlines acquired the licence to use Cyprus Airways’ brand name, logo, and trademark over the next 10 years for flights to and from Cyprus.
Cyprus Airways ceased flying in January 2015. Under the licencing agreement, signed at the finance ministry, the state will remain the owner of the Cyprus Airways brand name, logo and trademark.
All standards will be audited on a quarterly basis with the exception of one, which will be audited twice a year.
A flight schedule is expected to be launched towards the end of the year, initially from Cyprus to three destinations in the UK, Greece and Russia using two A319 aircraft.
The government bought the Cyprus Airways logo, brand name and trademark in December 2014, a month before the loss-making state-run airline run out of money.
Cyprus Business Mail / TTG Digital


Check Also

British Airways, BA, Iberia, American Airlines, Finnair, oneworld, transatlantic, routes, flights, basic economy, seating, rules

Transatlantic oneworld flights add basic economy

British Airways, American Airlines, Iberia and Finnair will launch a new ‘basic’ fare on some transatlantic flights.

Keflavík, isavia, airport, iceland, germany, berlin, capacity, 2018, new routes, icelandair

Iceland’s Keflavik smashes records

Hub prepares to “significantly pass” 10 million in 2018

wi-fi, IFE, mobile, onboard, inflight, entertainment, air travel, airlines, IATA

Finnair long-haul Wi-Fi by May 2017

Wireless connection for all of Finnair’s long-haul fleet

air berlin, restructuring, cost cuts, cabin crew, pilots, union, deal, agreement, Verdi

airberlin deploys business class on Europe flights

Move is part of loss-making airline’s “strategic realignment”

etihad, management, investment, fail, Hogan, alitalia, air berlin, Darwin, Virgin, synergy, strategy

Insight into the Lufthansa-Etihad tie-up

Rival airline groups go from enemies to partners

shortage, Finnair, pilots, cancel, flights, lack, Miami, summer, Chicago, helsinki, crew, plane,

Finnair’s crew shortage hits schedules

Airline to suspend Miami route for summer 2017