Sorry guy's no new info on the 'New cargo outfit out of Cyprus'.
However some news from The Netherlands a.k.a. cloggyland.
Interstate Airlines has decided against operating any L1011's. The reasons given for this decision are: High fuel costs, age of the aircaft
and the price of the dollar.
Interesting thread this is. Good to see how the L1011 community keeps each other informed. The other 'professional' pilots on this forum could learn from this.