EasyJet (EZJ.L) has rejected a takeover approach from Wizz Air that would have created a low-cost airline to rival Ryanair, opting instead to raise $1.7 billion from shareholders and go ...
Invest Cyprus sponsored The International Hospitality Investment Forum (IHIF), the leading annual conference for the global hotel industry which was hosted in Berlin from 1st – 3rd September.
George Campanellas, CEO ...
Ryanair (RYA.I) has ended talks with Boeing (BA.N) on a major new order for Boeing 737 jets due to a disagreement over pricing, the Irish airline said on Monday.
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When Britain announced Turkey would stay on its “red list” of travel destinations last week, Onur Arican decided to close his boutique hotel on the Aegean coast early this year ...
The public deficit has fallen by 0.2 per cent in the first seven months of the year, with preliminary fiscal results by the Cyprus statistical service showing a General Government deficit ...
British airline and holiday group Jet2 (JET2.L) unveiled a deal to buy dozens of Airbus jets worth $4.9 billion at list prices on Tuesday, switching loyalties from US planemaker Boeing (...
September will account for more than one third of all remaining British travel for 2021, a survey released on Wednesday shows.
A large percentage of these travellers will be seeking a ...
Ryanair has nudged up its passenger target for the autumn amid signs of a “very strong recovery” in European short-haul flights, Chief Executive Michael O’Leary told Reuters in an ...
Tourism generated a total revenue of €135.8 million for Cyprus during June of 2021, a number achieved in spite of a number of travel restrictions still in place during that period.
While ...
German airline Lufthansa aims to win back business travellers by increasing the number of flights and improving catering, an executive board member was quoted as saying on Sunday.
Lufthansa is ...
What can we expect from Cyprus tourism this year? Will the current increase in arrivals continue? What about the winter?
Tourism industry analyst Johanna Bonhill-Smith of GlobalData has some answers.
“...
British Airways is planning to set up a budget airline subsidiary based at Gatwick airport, the airline told the Wall Street Journal on Thursday.
Creating a new unit could provide ...
Croatia’s tourism results almost reached the 2019 level in July and August, and booking for September also looks promising, Croatian Minister of Tourism Nikolina Brnjac said on Wednesday.
“The number ...
Germany-based tourism group TUI recorded an adjusted operating profit (EBIT) of minus €699 million euros (846 million US dollars) in the first quarter of its fiscal year ending December 2020, the company announced ...
Travel receipts in the first six months of the year increased by 51 per cent from the same period in the previous year, the Bank of Greece said in a statement ...
Ryanair’s latest challenge to state aid for European airlines took a step forward on Wednesday when the European Court of Justice agreed to hear in its General Court a ...
The arrivals of tourists reached 297,308 in July 2021, recording an increase of 358 per cent compared with July 2020, during which 64,914 arrivals were recorded.
However, this July marked a decrease of 46 per cent ...
Holiday company TUI Group (TUIGn.DE) said on Thursday a surge in bookings from Germany had driven a recovery from the pandemic slump and an easing of travel restrictions in ...
Pegeia mayor Marinos Lambrou is pushing forward with development projects worth a total of €7 million.
According to statements made to the Cyprus News Agency (CNA), Lambrou said the first project ...
Britain’s Gatwick Airport urged the government to make international travel easier after lockdown restrictions drove it to a first-half loss of 245 million pounds ($338 million) and forced it to ask ...
The total number of government-employed people increased during July, with 92 additional people joining the public sector, the Cyprus Statistical Service said in a report.
This represents a 0.2 per cent year-on-year ...
A new study by Saga has revealed that more than a third of Britons (36 per cent) have been unable to book a staycation in the UK this summer, TTG reported ...
Limassol, August 10, 2021. For immediate release.
As hospitality industry leaders, Kanika Hotels & Resorts have been pioneering holiday perfection for over 40 years. The key to that success is how the company ...
Ryanair has announced a new base opening in Newcastle for Summer ’22, with a new roundtrip route added to Paphos.
Ryanair said that there is “massive demand,” in a statement on ...