Cyprus suspends budget airline’s license
Posted by airlinenews on November 3, 2006
NICOSIA, Cyprus: Cyprus on Thursday suspended the operating license of budget airline ajet after it halted flights citing financial difficulties, and a court froze its assets to settle debts to the government.
The carrier had replaced Helios Airways following a crash that killed all 121 passengers and crew in Greece last year.
“The company’s air operator’s certificate has been suspended today,” Transport Minister Harris Thrasou said. “We are obliged to take all measures to protect the state’s interests and apply every possible pressure on this company to fulfill its obligations.”
A court Thursday froze ajet assets worth three million Cyprus pounds ($6.72 million, €5.26 million) following a motion filed by the state. Ajet owes the state two million Cyprus pounds ($4.84 million, €3.79 million) in passenger and airport taxes.
