Cyprus among top spots with one in five Brits planning overseas holiday
Approximately one in five (21 per cent) people in Britain have a foreign holiday booked at the moment, easyJet’s ‘Taking The Temperature’ report has revealed....
Tourism
Cyprus and India see growth potential in renewables, trade and tourism
Cyprus and India reaffirmed the potential for further development and increased cooperation during the ninth Cyprus-India Intergovernmental Meeting on economic, scientific, technical and industrial partnerships...
EU court backs Lufthansa, easyJet deals over Air Berlin assets
German airline Lufthansa (LHAG.DE) and British peer easyJet (EZJ.L) on Wednesday gained backing from Europe’s second top court for their acquisitions of insolvent German carrier...
Air France-KLM eyes capital options, US bookings surge
Air France-KLM is looking at raising fresh funds soon after completing a share issue earlier this year, bolstered by a positive trend in bookings since...
Abu Dhabi’s Etihad Airways working on additional sustainable financing
Etihad Airways is working on what would be its third financing transaction linked to sustainable investment considerations, the Abu Dhabi government-owned airline’s treasurer said on...
Ryanair expects Boeing MAX deal ‘will come our way eventually’
Ryanair (RYA.I) expects a large deal with Boeing (BA.N) on an order for the 737 MAX 10 “will come our way eventually” as cancellations put...
Tourism sector must focus on sustainability, stakeholders told
World Tourism Day with its theme this year of tourism for inclusive growth should be a call for the entire industry to renew itself, stakeholders...
British Airways to scrap Gatwick short-haul flights
British Airways said it was scrapping most short-haul operations at London’s no.2 airport Gatwick, blaming pilots for rejecting a plan to set up a new...
Saudis enjoy Red Sea cruises as kingdom opens up tourism sector
Majed Sait and his wife are spending their honeymoon on a cruise in the turquoise waters off Saudi Arabia’s Red Sea coast, a voyage that...
Aphrodite Hills named best luxury holiday accommodation in Paphos
The official results of the 6th annual Resort and Retreat Awards 2021 hosted by LUX Life magazine are in, with Aphrodite Hills Resort Ltd awarded...
Cyprus Business Now
The Deputy Ministry of Tourism said that this year’s World Tourism Day’s theme of Tourism for Inclusive growth is fully aligned with Cyprus’ national tourism...
Leasing firms buy more planes than ailing airlines for first time
Aircraft leasing companies are for the first time buying more of the world’s passenger planes than airlines after the pandemic clobbered carriers around the world,...
British Airways owner not planning to tap shareholders for capital
British Airways owner IAG (ICAG.L) is not planning to raise billions of euros from shareholders to get the company through the extended COVID-19 crisis, its...
Ryanair ‘couldn’t care less’ about another Boeing order as it lifts growth target
Ryanair (RYA.I) lifted its five-year passenger forecast on Thursday, saying the delivery of an existing Boeing (BA.N) order and increased use of older aircraft would...
Bahrain flights may help Cyprus attract Saudi tourists, says Perdios
The mooted deal for Bahrain’s national airline Gulf Air to use Larnaca airport as a hub for a number of international destinations has the potential...
Paphos extends campaign to attract more domestic tourism
Following the success of its summer campaign to attract domestic tourism, the Paphos regional board of tourism announced that it will be extending its inbound...
Cyprus missing out on Schengen benefits, Paphos economy still reeling
Cyprus’ inability to join the group of Schengen countries has adverse effects on its economy, Paphos Chamber of Commerce and Industry (PCCI) chairman George Mais...
August flights climb but still well below 2019 figures
Cyprus was sixth among EU nations for the decrease in commercial flights in August 2021 compared to 2019, with a slump of 23.8 per cent....
Passengers down 71 per cent at Heathrow, asks for changes to travel rules
Britain’s biggest airport Heathrow said on Monday passenger numbers were still 71 per cent lower in August compared to the same month before the COVID-19...
EU okays Alitalia successor and says it’s not liable for illegal aid
EU competition regulators on Friday gave the green light to a slimmed down successor to Alitalia and said the new state-owned airline was not liable...