Everyone should understand that Cyprus is going through rough times and no gratuitous compensations will be payed to redundant workers of Cyprus Airways since it is not legally possible, Communications Minister Tasos Mitsopoulos stated.
However, unions keep threatening that strikes will take place if no appropriate measures are taken in order for the government to cover the compensation costs if the airline is unable to do so. The airline confirmed that it cannot pay the compensation.
Christos Stylianides stated that the government hopes that "everyone understands this reality, even late in the day," while rescue plans for the company include staff reduction, with 490 people losing their jobs, salary cuts, and a decrease in the number of planes. It should also be noted that sixty-eight employees have already left the company.