Tus Airways has announced an investment agreement with the Holiday Lines Group, a key player in the tourism and leisure sector.

Under the terms of this multi-million-dollar agreement, the Holiday Lines Group, which owns Greek airline Bluebird Airways, will become an equal shareholder in TUS Airways, alongside existing shareholders Ken Woolley and Global Knafaim Leasing Ltd.

Ami Cohen and Arnon Englander, owners of the Holiday Lines Group, bring their extensive experience in the Mediterranean and European tourism markets to this partnership. The Group's portfolio includes Bluebird Airways, based in Heraklion, and several cutting-edge technology companies, including a leading online travel agency.

The collaboration is expected to have a positive impact on Cyprus' aviation and tourism industries, fostering economic and investment growth and enhancing the island's appeal as a destination. Furthermore, the agreement, still pending regulatory approval, promises to unlock new opportunities for TUS Airways and Bluebird Airways. Customers can look forward to an expanded choice of destinations, outstanding service, and an enhanced network offering improved connectivity across the region.

Ahmed Aly, CEO of TUS Airways, expressed his enthusiasm for the partnership: "This partnership with the Holiday Lines group stands as a game-changer in Mediterranean aviation. The announcement secures a bright future for TUS Airways placing us in a unique position within a robust and formidable aviation family. By welcoming Holiday Lines Group as new investors, we are gaining a strategic partner with innovative businesses that closely complement our commercial activities and with whom we share a vision for success. Our talented and committed team has been the backbone of our success, and this exciting venture ensures a brighter future for both our employees and TUS Airways as a whole."