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Cyprus Airports Handle 50,000 Passengers Daily As Tourism Sector Targets Sustainable Growth

Cyprus’ airports are handling around 50,000 passengers and 325 flights a day during the peak summer season, while access to the arrivals area at Larnaca airport has reopened to private vehicles to ease congestion.

Maria Kouroupi, Hermes Airports’ director of aviation development, marketing and communications, said Larnaca is currently operating around 230 flights and serving 36,000 passengers daily, while Paphos handles about 14,000 passengers across 95 flights.

Larnaca Airport Access Reopens

The road leading to the exits of Larnaca airport’s arrivals area reopened to private vehicles on August 7.

Cars can now briefly enter the arrivals area to collect passengers, with police monitoring traffic. The airport’s short-stay car park remains available at €1 for up to 20 minutes.

Taxis are still prohibited from the arrivals area and will continue using designated pick-up zones west of the terminal.

Tourism Targets Year-Round Growth

Meanwhile, Deputy Tourism Minister Kostas Koumis said sustainable management and protection of tourism destinations have become key priorities as Cyprus moves beyond its recent tourism crisis.

Following a meeting with the newly elected leadership of the Cyprus Hotel Association (Pasyxe), Koumis said the sector is focusing on attracting new markets, strengthening existing ones, improving air connectivity and developing Cyprus as a year-round destination.

He stressed that closer cooperation between the public and private sectors will be essential to protecting destinations and maintaining the island’s tourism competitiveness.

New Pasyxe president Yiannos Pantazis said both sides agreed to intensify cooperation, adding that the association is working to bring the sector’s performance in 2027 back to 2025 levels.

Cyprus Loan Growth Accelerates To 14% In September

Lending in Cyprus accelerated in September, with the annual growth rate of total loans reaching 14%, up from 11.8% in August. Deposits also recorded a stronger monthly increase, according to the Central Bank of Cyprus (CBC).

Total deposits rose by a net €697.1 million to €60.2 billion at the end of September. Total loans increased by €857.8 million to €29.6 billion, according to the CBC’s October 2026 Monetary and Financial Statistics.

Deposit Growth Strengthens

Deposits recorded a monthly increase of €697.1 million, more than four times the €171.5 million rise in August. However, the annual growth rate remained unchanged at 6.5%.

Deposits held by Cyprus residents increased by €639.9 million. Household deposits rose by €93.8 million, while deposits held by non-financial corporations grew by €373 million. Other domestic sectors contributed a further €173.1 million.

Annual Loan Growth Reaches 14%

Total loans increased by a net €857.8 million in September, compared with €114.6 million in August. The annual growth rate accelerated to 14%, up from 11.8% a month earlier.

Lending to Cyprus residents rose by €470.8 million. Loans to households increased by €52.2 million, while lending to non-financial corporations grew by €110.1 million. Other domestic sectors recorded a larger increase of €308.5 million.

The figures cover deposits and loans held by monetary financial institutions in September 2026.

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