Cobalt Air, based at Larnaka Airport, Cyprus, has suspended its operations.
A statement on the company’s 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.”
The airline launched its first services in 2016 and had grown to have 23 destinations in its portfolio.
A statement by the Cypriot Transport Minister, Vassiliki Anastassiadou, explained that the government would pay for tickets to enable passengers to get back to their starting point, but said it would only cover the return leg of travellers’ journeys.
Cobalt Air emerged after the collapse of the state-controlled Cyprus Airways which ceased flying in January 2015.