Companies category powered by

Cyprus Airways records 558% year-on-year passenger increase in March

Cyprus Airways has revealed that it carried 25,899 passengers in March marking an increase of 558% compared to the same month in 2022.

According to an airline press release on the airline's March passenger results, Cyprus Airways also carried 19% more passengers compared to 2019 (21,676), which was a record year for the island's tourism.

During March, Cyprus Airways operated 325% more flights (March 2022: 63 flights) whilst improving its load factor by 22%. The airline also said it registered its highest forward sales ever, mostly for April, May, and June.

“Although we did not reach our budgeted figures, we continue to improve our performance, both when compared to our results of the same month last year, and to 2019, before COVID. Such figures fill us with confidence to continue improving our performance, especially by increasing our load factors,” said Paul Sies, Chief Executive of Cyprus Airways.

“A few days ago, we started operating to our new destinations of Dubai and Cairo, two important destinations for us as they fit perfectly with our strategic plans to improve Cyprus’ international connectivity. Next month we will continue expanding our connectivity by operating to the European hubs of Milan, Zurich, Prague and Basel with a multiple weekly schedule. We are proud to be the island’s flag carrier and a promoter of the Island and its growing economy”, added Sies.

Capt. Andreas Georgiou, the airline’s Chief Operations Officer, meanwhile, commented,“We have just started operating our Summer flight schedule. At its peak, we will be flying to 19 destinations with over 60 return flights per week, offering over half a million seats for sale this summer. Sales of our summer flights are steadily selling out and we are looking forward to a busy summer to service our customers.”

Read More

CBN Young Dragon Awards: Meet the candidates in the Financial Services category
Siarhei Kostevitch: Cyprus has been ideal as a base for ASBIS's operations
Christoforos Soutzis: Cyprus has undoubtedly become a leading hub for CFD brokers in the EU, especially since Brexit
ExxonMobil-Qatar Energy to drill two more wells in Cyprus' EEZ
PIN-UP Global supported the Leadership & HR Management Conference organised by IMH and PwC Cyprus
EIB President in Cyprus for inauguration of Bank’s Nicosia office
Fotini Tsikkou: ECOMMBX as a Supporter of the CBN Young Dragon Awards – The Significance of the Awards (video)
CBN Young Dragon Awards: Meet the candidates in the Services category
Brand-new arrival from PHC Group: The new Caffè Nero at Eleftheria Square
Cyprus supports strengthening of transatlantic ties through positive trade agenda