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15 December 2019 The on-line newspaper devoted to the world of transports 09:01 GMT+1

May 28, 2001

Cyprus Airways in the lead to acquire Olympic

By Kerin Hope in Athens and Mark Odell in London

Cyprus Airways has emerged as the front-runner to acquire Olympic Airways, the struggling Greek state carrier, although its offer failed to comply with sale terms set by the government.

The Greek-Cypriot carrier, already partly privatised, offered to buy only a minority stake in Olympic, while the government wants to sell a majority shareholding of at ......
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