Other airlines to follow Ryanair and Wizz Air in their effort to strengthen their presence in Cyprus

December 12, 2022

The recent announcement of Ryanair and Wizz Air to strengthen their presence in Cyprus cannot be considered as mere coincidence. This is the result of long-standing efforts made by the Ministry of Transport, the Deputy Ministry of Tourism, Hermes Airports and other professionals in the tourism sector.

These efforts, combined with the renewal of incentives for airlines has bared fruit, resulting in the announcement of Ryanair and Wizz Air a few days ago. However, the aforementioned announcements are not expected to be the last. It is possible that there will be a continuation in the immediate future, since Cyprus has built a very good name in recent years.

Despite the difficulties and problems created by inflationary pressures with price increases in goods and fuel, the future seems promising. It is almost certain that, in addition to these two leading European airlines, we will soon see similar moves from other companies as well.

The decision of Ryanair and Wizz Air

More specifically, the decision of Ryanair and Wizz Air to add additional aircrafts to their bases in Paphos and Larnaca airports respectively and to strengthen their flight schedule is considered an extremely important advancement for Cypriot tourism and air transport in our country.

Hermes Airports stated, having the new incentive plan in force and the relationship of trust that has been built over the years with the airlines, without a doubt we will soon see similar moves from other companies, as interest has already been shown.

Regarding the incentive scheme, this seems to have significantly helped over the years in attracting airlines and therefore the decision to renew it is seen as pivotal. In particular, the Incentive Plan, in which Hermes has so far invested more than 140 million euros, has been implemented in collaboration with the Ministry of Transport for the last ten years.

Source: https://economytoday.sigmalive.com/epiheiriseis/toyrismos/56671_akoloythoyn-kai-alles-aeroporikes-meta-tis-ryanair-kai-wizz-air 

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