Cyprus’s low-cost airline Cobalt has cancelled all flights from midnight Wednesday. The carrier, which has operated flights in and out of Cyprus since 2016, carries mostly UK holiday-makers to the island.
A statement on its website says,
“Cobalt regrets to announce that it will be cancelling all Flights as of 23:50pm on October 17, 2018 due to indefinite suspension of Cobalt’s operations. As a result, future flights or services provided by Cobalt will be cancelled and will no longer operate.
Passengers who have un-flown tickets are instructed not to go to Larnaca Airport or any departure airport tomorrow, 18 October 2018 as no Cobalt flights will operate and no Cobalt staff will be present.
For refunds, please contact your credit card provider or Travel Agent.
We sincerely apologise once again and would like to thank our very loyal customers for their support over the last two years of Cobalt operations.”
Reports in several Cypriot media outlets this week suggested Cobalt’s mainly Chinese backers had difficulty channelling funds to the airline, which operated with six leased Airbus planes.
It flew to 23 destinations in Europe – including Heathrow, Stansted, Gatwick and Manchester in the UK – as well as Russia and the Middle East.