Cobolt Aero of Cyprus is the latest casulty this year – with the Cyprus-based airline suspending services.
A statement has been released by the airline – indicating that no further services with operator, and passengers should contact their tour operator or credit card issuer for refunds.
The airline operated two Airbus A319 and four A320 aircraft up until its suspension, connecting to destinations in Europe, Russia and the Middle East in 23 destinations.
With the airline suspending services it leaves 350 people without a job, and with passengers stranded.
The Cypus Ministry of Transport, Commincation and Works offered a statement on Twitter in regards to repatriation. Passengers travelling 17/18th will need to hold onto their receptis. Passengers travelling up to 7 days after should be contacted about their next move.
— Ministry of Transport, Communications and Works (@MCWcy) October 17, 2018
Colbot Air stared up two years ago in the wake of the original Cyprus Airlines collapsing.
BlueAir is offering resuce fares at the moment
Stranded in #Larnaca, #Athens, #Thessaloniki or #London with a Cobalt ticket? #BlueAir can help you.
We have introduced extra flights in the next days, so you can benefit from the selection of reduced fares that are now available.
For more details here: https://t.co/SpVzpUiASP pic.twitter.com/SsfFD3vFZL
— Blue Air (@BlueAirWeb) October 18, 2018
But it seems that in these rough economic times, smaller carriers are struggling to survive at the moment.
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