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Zela Jet And Fly Cycladic Forge Exclusive Partnership To Redefine Private Aviation In Greece

by THEFUTURE.TEAM

February 12, 2026

Introduction: A New Era In Private Travel

The private aviation sector in Greece is poised for a significant upgrade as Zela Jet, part of the respected Zela Aviation Group and led by Cypriot entrepreneur Andreas Christodoulides, partners with Fly Cycladic, one of the nation’s most dynamic charter airlines. This strategic alliance is designed to offer a seamless travel experience for high-net-worth individuals and business leaders alike.

Streamlined Access Across Greek Destinations

The collaboration specifically targets routes that were previously reliant on ferries, helicopters, or commercial flights with lengthy layovers. Under this agreement, Zela Jet will serve as the exclusive General Sales Agent (GSA) for Fly Cycladic in Cyprus, managing private flights from key Greek airports to popular destinations such as Athens, Mykonos, Santorini, Paros, Milos, Naxos, Astypalaia, Syros, and Crete. For discerning travelers, this partnership offers unmatched flexibility, comfort, and efficiency.

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Enhanced Service And Market Penetration

Christodoulides expressed strong confidence in the venture, highlighting Fly Cycladic’s reputation for upholding rigorous quality and safety standards. He emphasized that Zela Jet’s commitment is to promote and support these premium services in Cyprus with professionalism and consistency. This initiative is expected to unlock new opportunities for seasonal and year-round travel, ensuring a reliable, high-caliber experience for every passenger.

Innovative Fleet And Cutting-Edge Technology

Fly Cycladic, founded in 2022, focuses on inter-island connectivity and operates with a fleet of three state-of-the-art single-engine high-wing turboprop aircraft, the Cessna Grand Caravan 208B EX. These planes, notable for their large windows and natural light design, not only deliver stunning views of the Aegean Sea but also incorporate the latest technological advancements while adhering to international environmental standards. This modern fleet aligns perfectly with the shift towards more sustainable aviation.

A Vision For The Future Of Aviation

Representing Fly Cycladic, Andreas Sotiropoulos outlined the company’s ambition to provide a balanced combination of experience, safety, flexibility, and convenience. The partnership, effective February 1, 2026, is poised to meet the needs of both modern business travellers and those seeking an elevated travel experience. By bridging functional connectivity with premium service, Zela Jet and Fly Cycladic are setting a new benchmark in private aviation.

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Monday.com To Cut 20% Of Workforce As It Expands AI Strategy

Monday.com, the Israeli workplace software company, is laying off about 630 employees, or roughly 20% of its workforce, as it restructures the business to support a leaner operating model and accelerate investment in artificial intelligence.

Restructuring Around AI

In a regulatory filing, the company said the workforce reduction is intended to better align resources with its AI strategy, which has become a central focus of its product development.

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Earlier this year, Monday.com expanded its AI offering by introducing the Monday.com AI Work Platform, designed to integrate AI agents into day-to-day business workflows.

The platform includes a no-code app builder, a customizable AI agent, workflow automation tools and a chatbot capable of generating reports, updating dashboards and assisting with routine tasks.

Part Of A Wider Industry Trend

Monday.com’s restructuring reflects a broader shift across the technology sector, where companies are reducing costs while increasing investment in AI development and infrastructure.

According to Layoffs.fyi, tech layoffs rose sharply in May, with 78% of companies citing AI-related restructuring as a factor behind job cuts this year. More than 122,000 technology roles have been eliminated worldwide in 2026, according to the tracker.

Restructuring Costs

Monday.com expects to record restructuring charges of between $45 million and $55 million as a result of the layoffs. The move highlights how software companies are reallocating resources to support AI-focused products and services as competition in the sector intensifies.