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The return of Cyprus Airways

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Re: The return of Cyprus Airways

Postby Lordo » Sun Dec 04, 2016 1:47 am

GreekIslandGirl wrote:
Lordo wrote:so who picked up the bill of the last one when it went bankrupt.


It didn't go bankrupt. It was still a viable operation and they sold the rights to use the logo for 10 years.

a viable operation does not stop doing business. lets face it you could not see reality even if it punched you in the face.

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Re: The return of Cyprus Airways

Postby GreekIslandGirl » Sun Dec 04, 2016 11:03 am

Lordo wrote:
GreekIslandGirl wrote:
Lordo wrote:so who picked up the bill of the last one when it went bankrupt.


It didn't go bankrupt. It was still a viable operation and they sold the rights to use the logo for 10 years.

a viable operation does not stop doing business. lets face it you could not see reality even if it punched you in the face.

Businesses sell their brand name all the time.

Under the licencing agreement, signed at the finance ministry on Friday, the state will remain the owner of the Cyprus Airways brand name, logo and trademark, the privatisation unit said. The agreement may be renewed for an additional five years “on the basis of negotiations of financial and commercial terms, between the Republic and the successful bidder.

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Re: The return of Cyprus Airways

Postby miltiades » Sun Dec 04, 2016 11:18 am

According to recent news the new Cyprus Airways will commence flights by the end of this year.
As my flight to Cyprus on December 18th is a one way I will book a return to London with the new airline. Will ignore pricing and book.
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Re: The return of Cyprus Airways

Postby Lordo » Sun Dec 04, 2016 2:02 pm

GreekIslandGirl wrote:
Lordo wrote:
GreekIslandGirl wrote:
Lordo wrote:so who picked up the bill of the last one when it went bankrupt.


It didn't go bankrupt. It was still a viable operation and they sold the rights to use the logo for 10 years.

a viable operation does not stop doing business. lets face it you could not see reality even if it punched you in the face.

Businesses sell their brand name all the time.

Under the licencing agreement, signed at the finance ministry on Friday, the state will remain the owner of the Cyprus Airways brand name, logo and trademark, the privatisation unit said. The agreement may be renewed for an additional five years “on the basis of negotiations of financial and commercial terms, between the Republic and the successful bidder.

businessmail

of course pibol sell their brand name it is called a franchise and they sell it to as many pibol as possible and also keep their own operation going.

cyprus airways did nothing of the kind. they sold the logo and the routes and their landing rights at larnaca airport which i might add is built on stolen tc land. fancy that gc building an airport on stolen land. and then shut up shop. they also were unable to pay back the government the money they were given which eu declared was against eu rules.

you really are too stupid to understand anything.
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Re: The return of Cyprus Airways

Postby miltiades » Sun Dec 04, 2016 2:33 pm

Lordo wrote:
GreekIslandGirl wrote:
Lordo wrote:
GreekIslandGirl wrote:
Lordo wrote:so who picked up the bill of the last one when it went bankrupt.


It didn't go bankrupt. It was still a viable operation and they sold the rights to use the logo for 10 years.

a viable operation does not stop doing business. lets face it you could not see reality even if it punched you in the face.

Businesses sell their brand name all the time.

Under the licencing agreement, signed at the finance ministry on Friday, the state will remain the owner of the Cyprus Airways brand name, logo and trademark, the privatisation unit said. The agreement may be renewed for an additional five years “on the basis of negotiations of financial and commercial terms, between the Republic and the successful bidder.

businessmail

of course pibol sell their brand name it is called a franchise and they sell it to as many pibol as possible and also keep their own operation going.

cyprus airways did nothing of the kind. they sold the logo and the routes and their landing rights at larnaca airport which i might add is built on stolen tc land. fancy that gc building an airport on stolen land. and then shut up shop. they also were unable to pay back the government the money they were given which eu declared was against eu rules.

you really are too stupid to understand anything.

Balacs :lol: For an 86 year old kebab mertchant you should know better effendi. What a fucking idiot "!
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Re: The return of Cyprus Airways

Postby GreekIslandGirl » Sun Dec 04, 2016 3:26 pm

miltiades wrote:According to recent news the new Cyprus Airways will commence flights by the end of this year.
As my flight to Cyprus on December 18th is a one way I will book a return to London with the new airline. Will ignore pricing and book.


Good. Choose your airline like you choose your wine and women. Nothing cheap or easy, eh! :P
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Re: The return of Cyprus Airways

Postby miltiades » Sun Dec 04, 2016 4:42 pm

GreekIslandGirl wrote:
miltiades wrote:According to recent news the new Cyprus Airways will commence flights by the end of this year.
As my flight to Cyprus on December 18th is a one way I will book a return to London with the new airline. Will ignore pricing and book.


Good. Choose your airline like you choose your wine and women. Nothing cheap or easy, eh! :P

The difference in flying and having ...wine or better a ...luscious blonde is that flying is so so boring. Sat there for hours cant even go out for a walk . Talking about blondes I would be spending Xmas with my grandchildren and family, no wifey !!!
Promised to take her to Athens on .....VELENTINES DAY :lol: :lol:
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Re: The return of Cyprus Airways

Postby Schnauzer » Sun Dec 04, 2016 6:38 pm

miltiades wrote:
GreekIslandGirl wrote:
miltiades wrote:According to recent news the new Cyprus Airways will commence flights by the end of this year.
As my flight to Cyprus on December 18th is a one way I will book a return to London with the new airline. Will ignore pricing and book.


Good. Choose your airline like you choose your wine and women. Nothing cheap or easy, eh! :P

The difference in flying and having ...wine or better a ...luscious blonde is that flying is so so boring. Sat there for hours cant even go out for a walk . Talking about blondes I would be spending Xmas with my grandchildren and family, no wifey !!!
Promised to take her to Athens on .....VILLONTINES DAY :lol: :lol:


Enjoy !. :lol:
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Re: The return of Cyprus Airways

Postby miltiades » Sun Dec 04, 2016 9:18 pm

Schnauzer wrote:
miltiades wrote:
GreekIslandGirl wrote:
miltiades wrote:According to recent news the new Cyprus Airways will commence flights by the end of this year.
As my flight to Cyprus on December 18th is a one way I will book a return to London with the new airline. Will ignore pricing and book.


Good. Choose your airline like you choose your wine and women. Nothing cheap or easy, eh! :P

The difference in flying and having ...wine or better a ...luscious blonde is that flying is so so boring. Sat there for hours cant even go out for a walk . Talking about blondes I would be spending Xmas with my grandchildren and family, no wifey !!!
Promised to take her to Athens on .....VALENTINES DAY :lol: :lol:


Enjoy !. :lol:
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Re: The return of Cyprus Airways

Postby Paphitis » Mon Dec 05, 2016 5:21 pm

Lordo wrote:
GreekIslandGirl wrote:
Lordo wrote:
GreekIslandGirl wrote:
Lordo wrote:so who picked up the bill of the last one when it went bankrupt.


It didn't go bankrupt. It was still a viable operation and they sold the rights to use the logo for 10 years.

a viable operation does not stop doing business. lets face it you could not see reality even if it punched you in the face.

Businesses sell their brand name all the time.

Under the licencing agreement, signed at the finance ministry on Friday, the state will remain the owner of the Cyprus Airways brand name, logo and trademark, the privatisation unit said. The agreement may be renewed for an additional five years “on the basis of negotiations of financial and commercial terms, between the Republic and the successful bidder.

businessmail

of course pibol sell their brand name it is called a franchise and they sell it to as many pibol as possible and also keep their own operation going.

cyprus airways did nothing of the kind. they sold the logo and the routes and their landing rights at larnaca airport which i might add is built on stolen tc land. fancy that gc building an airport on stolen land. and then shut up shop. they also were unable to pay back the government the money they were given which eu declared was against eu rules.

you really are too stupid to understand anything.


When a company goes into administration, the administrators can sell the name if they wish for a fair price.

Usually, most sensible people won't buy a name because it's money for nothing unless of course it was a good brand name like the Cyprus Airways name for instance with the Moufflon Logo.

The Cyprus Government bought the name from the administrators. You don't have to pay all the debt. Administrators try to sell the business, plant and equipment in order to recoup monies owing to Banks, Airports, Oil Companies etc. The funds then get distributed to creditors.

Cyprus Airways as an entity folded and this company has nothing to do with the old Cyprus Airways. The current Cyprus Airways is a Russian company owned by S7 Airlines from Siberia. They just want to use the CA brand name.
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