[ Airports ]October 17, 2018 6:25 pm ET

Second European Airline Ceases Operations This Month
Earlier this week, AirlineGeeks reported that Larnaca-based Cobalt was experiencing financial trouble. The airline’s website has just been updated to inform passengers that all future flights have been suspended indefinitely. The airline’s main stockholder is AJ Cyprus, a company owned by Avic Joy Air, a Chinese company. With 49 percent…