Transport ministry to take over handling of airport concession
The transport ministry will be taking over any handlings concerning the Hermes concession agreements, the audit office said on Saturday. Though the 5.5 year concession...
Hermes
Audit service hits back at finance ministry allegations over airports
The permanent secretary of the finance ministry George Panteli has sent a letter demanding that the attorney-general investigates auditor-general Odysseas Michaelides for allegedly leaking false...
Airports looking to boost island’s connectivity
To improve the island’s air connectivity, the main goal for Larnaca and Paphos airports is to attract new airlines and expand the current flight schedule,...
Our View: Auditor-general’s charges over Hermes deal simplistic at best
There is no doubt the reaction of the ministers of finance and transport to the allegations made against them by the auditor-general last week regarding...
Resolving airport spat being done in consultation with president, Petrides says
The finance ministry will do what is necessary in consultation with the president, Finance Minister Constantinos Petrides said on Friday in relation to the government...
Government ‘passing the buck on airports contract’ to the next administration’
The government’s withdrawal from talks with airport operators Hermes is but a smokescreen intended to put the kibosh on the affair and kick the can...
Our View: Government should not have thrown in the towel at airports over ‘petty politics’
In an unprecedented move, the ministries of transport and finance issued a joint statement announcing they would terminate negotiations about expansion work with Hermes, the...
Government drops consultations with Hermes due to ‘toxic climate’
The government said on Tuesday it would cease talks with the Hermes consortium over expansion works at the two airports due to the toxic climate...
Auditor-general turns screw on government over airports
The auditor-general as well as opposition lawmakers hauled the government over the coals on Monday, when it emerged that a confidential communication between him and...
Passenger traffic in May reaches 78% of record 2019 levels
Increased passenger arrivals continued in May, airports operator Hermes said on Wednesday as flights from Larnaca and Paphos June are expected to increase further in...
