According to the Greek economic newspaper "Naftemboriki", the Greek-Cypriot airline HELLAS JET, operating A320's, ceased partially operations today. The managment, decided to lease their A320's, to "HELLIOS" and "EUROCYPRIA". HELLAS-JET is a company of CYPRUS AIRWAYS.
During the last meeting of the board, it was decided to "partially" cease operations, and lease the aircrafts, instead of closure, due to the high cost, of approx. 15 million Euros.
It must noted, that two bussines men , one Dutch, and one Anglocypriot, are willing to buy major stocks of the company.
It is a very sad moment, for Greek aviation, and for the colleques, who are flying there. Hopfully, they will escort the planes, during the lease.
