Easyjet have taken over GB Airways for £103.5m and will now start flying from Cyprus late 2008. GB Airways will still operate the Cypriot route until Easyjet take over and re-brand the flights to their own name.
Cyprus is becoming increasingly popular with holidaymakers in the UK and Europe including overseas property investors, which spurred Easyjet to take over the route.
This comes as welcome news as more budget airlines open routes to the island, including Monarch airways, already flying from the UK, which will spark price competition and increased flight times, driving down ticket prices.
The airline’s interest comes as a response to the Cypriot government’s plans to increase its tourism industry from 3m visitors to 10m visitors over the next 10 years following significant EU funding to re-develop infrastructure and grow the island’s GDP.
Written by BMS Homes – Source: The Guardian 21/11/2007
Filed under: Cyprus News | Tagged: bms homes, overseas property, cyprus, flights to cyprus, cyprus holidays, cheap flights
This should open things up a bit. I was actually thinking about going to Cyprus for a holiday recently.
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