Cyprus-Forum.com

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The Iranian, Armenian, Canadian, Jewish company Triple Five have made an offer to buy 100% of Cyprus Airways.

No English language reports so far.

http://www.sigmalive.com/news/local/504477

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Cyprus Air receives investment interest from Triple Five

Canadian finance and development company to invest in Nicosia-based airline

Bloomberg
Published: 00:00 July 7, 2012

Nicosia Cyprus Airways Public said it received a letter of interest from Triple Five Group, a Canadian finance and development company, to invest in the Nicosia-based airline.

"The interest shown by Triple Five comes under certain terms which will have to be agreed to with the government, the main shareholder in the company, before a final proposal from Triple Five is made," according to an e-mailed statement from Cyprus Air on Friday.

http://gulfnews.com/business/aviation/c ... -1.1045439