Cobalt Air ceases operations as talks with collectors collapse | Information

Cyprus-based airline Cobalt Air has ceased operations after failing to agree new monetary preparations with collectors.

The low-cost provider, which operated flights to Stansted, Gatwick and Heathrow within the UK, mentioned all flights could be cancelled from 23:50 on Wednesday night time.

Passengers with excellent tickets have been urged to not go to Larnaca or every other airport, as no additional departures have been deliberate.

No Cobalt employees could be current, a press release from the airline added.

Passengers have been suggested to hunt compensation from their bank card suppliers or journey brokers.

“We sincerely apologise as soon as once more and want to thank our very loyal clients for his or her assist over the past two years of Cobalt operations,” learn a press release from the airline.

Earlier than 2016, short-haul flights out of Cyprus have been dominated by state-controlled provider Cyprus Airways.

Cobalt had sought to maneuver into the house vacated by its collapse.

The cancellations got here after Danish finances provider Primera Air ceased buying and selling earlier this month.

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