Airports operator Hermes this year marks 10 years of operation and what it called a “significant contribution to the economy, society and tourism of Cyprus”.
In the context of the anniversary celebrations, Hermes said it had adopted a new anniversary logo highlighting the company’s revamped profile “and dynamic track record”.
Hermes CEO Wes Porter said: “Throughout the year, the company will hold a series of events to underline the first ‘success’ story of cooperation between the Republic of Cyprus and the private sector based on the BOT method.”
The highlight of Hermes Airports’ 10 year celebrations will be a special event to be held at the ‘Glafcos Clerides Larnaka International Airport’, with the participation of the Cyprus Youth Symphony Orchestra.
Currently more than 70 airlines use Larnaca and Paphos airports, connecting Cyprus with more than 110 destinations in 40 countries, serving over seven and a half million passengers annually. In total, Hermes and the two airports offer 12,700 jobs. Contributing more than €500m to the economy, equivalent to approximately 3% of GDP, “Cyprus’ two airports are justifiably considered a major driver of economic growth and sustain thousands of jobs” Hermes said.
The Hermes group consists of nine shareholders comprising Cypriot and International investors.