Cobalt (Larnaca) officially inaugurated operations on Wednesday, June 1 with a return flight between Larnaca and Athens. Guests on-board included journalists and company officials.

The start-up said in a statement that it expects to commence regular, 3x daily return flights between the two cities later this month. The actual launch of revenue flights has been the subject of much speculation in the local press given reported delays in the Air Transport Licensing Authority's (ATLA) issuance of an Air Services License (ASL) to the start-up. According to the Phileleftheros daily, the ATLA has cited a lack of satisfactory vetting of the company’s foreign shareholders for the delays.

In any event, Cobalt has outlined several destinations that are scheduled to start in the near future and they include: Thessaloniki, Heraklion, Chania, London, Manchester International, Dublin International, and Paris. Operationally, Cobalt plans to add three more aircraft (A320 and A321) to its fleet by month-end.