Cyprus Turkish Airlines
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| Founded | 1974 | ||||||
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| Commenced operations | 1975 | ||||||
| Ceased operations | 21 June 2010 | ||||||
| Hubs | Ercan International Airport | ||||||
| Fleet size | 7 | ||||||
| Destinations | 18 | ||||||
| Headquarters | North Nicosia, Northern Cyprus | ||||||
| Key people | Bilal EKŞİ | ||||||
| Website |
web |
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Cyprus Turkish Airlines Limited (Turkish: Kıbrıs Türk Hava Yolları Ltd. Şti. (KTHY)) was a Turkish Cypriot airline that served as the flag carrier for Northern Cyprus. Until its collapse in June 2010, Cyprus Turkish Airlines was the primary airline flying passengers to Northern Cyprus.
KTHY operated scheduled flights from Ercan, Northern Cyprus, to several cities in Turkey, the United Kingdom, and Western and Northern Europe. Its main base was Ercan Airport, in the Turkish sector of Nicosia.
The airline was de jure registered as a Turkish company in Istanbul. Day-to-day operations were run from Ercan. All flights to Europe were required to make a stop at an airport in mainland Turkey.
Cyprus Turkish Airlines was established on 4 December 1974 in Nicosia, with shares equally divided between Turkish Airlines and the Cash Development of the Consolidated Fund of the Assembly of the Turkish Cypriot Community (Konsolide Fonu Inkisaf Sandigi). The first scheduled flight took place on 3 February 1975.
In 2005, the Turkish government sold its shares to Ada Havayollari.
By June 2010, KTHY had incurred a $100 million debt, and its management decided to sell the company to avoid bankruptcy. The Turkish carrier Atlasjet was the only bidder.
On 21 June 2010, the airline announced via their website that they had ceased all operations until further notice. On 29 June 2010, it was announced that the airline had gone out of business.
As of 13 March 2010, the Cyprus Turkish Airlines fleet consisted of the following aircraft:
As of 14 March 2010, the average age of the fleet was 6.5 years. According to the Cyprus Observer, KTHY had planned to extend their fleet to 12 aircraft, to be in service by 2012 with the airline's updated livery.
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