Cypriot start-up Cobalt launches services
New Cyprus-based carrier Cobalt has launched initial services, with plans to ramp up its fleet and destinations over the next few weeks. Cobalt is chaired by Cypriot entrepreneur Gregory Diacou and has what the airline describes as “51% European shareholding,” with the remaining 49% being held by the Chinese state-owned Aviation Industry Corp. of China (AVIC). This will be the latest foray by major Chinese organisations into Western aviation assets and infrastructure. Cobalt is beginning life with 3 leased, single-class Airbus A320s, with another expected imminently and “possibly an A321 by the end of the month,” a company spokesman said. Although the airline said early in 2016 that it would initially undertake charter services and then move into scheduled services, it has started with scheduled operations. <br/>
https://portal.staralliance.com/imagelibrary/news/hot-topics/2016-07-11/unaligned/cypriot-start-up-cobalt-launches-services
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Cypriot start-up Cobalt launches services
New Cyprus-based carrier Cobalt has launched initial services, with plans to ramp up its fleet and destinations over the next few weeks. Cobalt is chaired by Cypriot entrepreneur Gregory Diacou and has what the airline describes as “51% European shareholding,” with the remaining 49% being held by the Chinese state-owned Aviation Industry Corp. of China (AVIC). This will be the latest foray by major Chinese organisations into Western aviation assets and infrastructure. Cobalt is beginning life with 3 leased, single-class Airbus A320s, with another expected imminently and “possibly an A321 by the end of the month,” a company spokesman said. Although the airline said early in 2016 that it would initially undertake charter services and then move into scheduled services, it has started with scheduled operations. <br/>
