Russian airliner S7 – the company soon to launch Charlie Airlines on the island – is reportedly close to winning the rights to the logo and emblems of defunct Cyprus Airways.
Reports in Phileleftheros on Tuesday claimed that the Civil Aviation Department had decided to hand over the logos and emblems to S7 – which is set to launch Cyprus-based airliner Charlie Airlines in the near future.
S7’s bid of €2million was said to be higher than that of the rival bid from Aegean.
But an interior Ministry official said on Monday that the procedures to award the famous Mouflon logo of the island’s former national flag carrier ‘had still not been completed’.
The final offers for the bid to obtain the ‘Mouflon’ were submitted on June 24 with a special committee set up to examine the bids although it is widely believed that Charlie is the odds-on favourite to secure the rights.
Cyprus Airways had closed on 9 January 2015 following a ruling by the European Commission that state aid paid to the company by the Government of Cyprus was illegal and had to be returned by the company.
This effectively bankrupted Cyprus Airways – with an audit inspection showing that it had been in financial disarray since 2009.
Prior to its closure, the airline regularly flew from Larnaca to 14 destinations in Europe and the Middle East. Cyprus Airways traded as Cyprus Airways (Public) Ltd and had its head offices in Nicosia.
— Andreas Georgiou (@Mr_AndreasGeo) March 3, 2016
S7 Airlines launches new airline in Cyprus, Charlie Airlines, which expands the coverage of S7 in Europe.
Earlier this year, S7 Airlines announced plans to set up the new Cypriot airline, which is a joint venture between S7 (40% stake) and local investors holding the remaining shares.
Charlie Airlines is planning on operating a fleet of two A319-100s which will be sourced from S7’s fleet and will fly out to various European destinations and Russia. The launch of Charlie Airlines has been hit by postponements because of EASA certification delays