Equipment of defunct Cobalt goes on sale

April 1, 2019 at 11:34am
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Electronic and office equipment belonging to the now defunct airline Cobalt will go on sale on Tuesday and Wednesday from 9 am to 4 pm.

According to an announcement from the company, which is under liquidation, the items will be sold at Artemidos Building (4th floor) in Larnaca.

It said that sales will be on a cash basis with no guarantees on whether the equipment works.

Cobalt declared bankruptcy last October after amassing losses of 30 million euro over three years. As a result, 280 people lost their jobs.

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Cobalt: Debts of €82m; estimated value €10m