There is nothing wrong with the specific aircraft. I believe reg was 5BDAT. Only problem is that Cyprus Airways is in very bad financial situation and they needed cash flow immediately. Plane sold for $11.000.000.
Very bad decisions taken from managers-directors, as they have no clue how to run an airline. They continue the leasing of 2 very expensive A330 and 4 B737NG for Subsidiary company Eurocypria and at the same time getting rid of company own A320 well maintain with overhaul engines.