ECONOMY

Cyprus Airways seeks delay

NICOSIA (Reuters) – Cyprus Airways has asked the government to postpone plans to deregulate the air transport market next year following the US attacks which have hurt world airlines. The government is targeting a January 2002 deregulation date, one year ahead of the deadline from Brussels for the aspiring European Union member. All we are saying is don’t deregulate it earlier than necessary. We are not asking the government to deviate from its EU commitments, said Cyprus Airways’ Tassos Angelis. The proceedings will be completed by the end of November, Deputy Finance Minister Giorgos Drys told reporters yesterday.