Cyprus Airports Register 16% Traffic Growth Amid Strategic Connectivity Initiatives

by THEFUTURE.TEAM

February 18, 2026

Air Traffic And Connectivity Surge

Hermes Airports has reported a significant 16% rise in air traffic at both Larnaca and Paphos airports during the November-January period compared to the previous year. Maria Kouroupi, Director of Aviation Development, Marketing, and Communication at Hermes Airports, attributes this upward trend to coordinated efforts across the tourism sector and strategic agreements with key airlines to sustain year-round routes.

Expanding Global Routes And New Markets

During the winter season, Larnaca Airport served 30 airlines operating flights to 54 destinations in 33 countries. The network expanded to include new markets such as Spain, Belgium, Slovakia and North Macedonia. Ten destinations, including Barcelona, Brussels, Bratislava, Skopje, Venice, Heraklion, Timisoara, Suceava, Cluj and Gyumri, were added for the first time.

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Paphos Airport maintained services from eight airlines connecting 35 destinations across 17 countries. The Paphos–Amman route resumed operations, while new flights to Düsseldorf and Haifa were introduced.

Geopolitical Considerations And Crisis Response

Kouroupi noted that while the tourism sector remains sensitive to geopolitical developments, particularly tensions in the Middle East, there is currently no direct impact on Cyprus’ air traffic volumes. Airlines may still modify routes to avoid unstable airspace, which can extend flight times or require refueling stops. Cyprus airports have also continued to support regional repatriation efforts during crises through additional flights and coordinated logistics.

Collaborative Connectivity And Strategic Marketing

Hermes Airports has pursued a long-term connectivity strategy in partnership with government and tourism authorities, aligning promotional initiatives and joint marketing campaigns. Participation in major aviation conferences and international tourism exhibitions has reinforced this coordinated approach. Industry collaboration over the past five years has contributed to faster decision-making and more effective crisis communication among stakeholders.

Infrastructure Investments And Expansion Developments

Hermes Airports is moving forward with infrastructure upgrades totaling €170 million under internally financed Phase B expansion plans. At Larnaca Airport, construction includes a new terminal wing, expanded boarding areas, increased baggage handling capacity and additional commercial space, with completion expected within 30 months. Paphos Airport is scheduled for a 30% terminal capacity increase along with taxiway improvements, targeted for completion in 27 months. Maintaining uninterrupted airport operations during construction remains a key operational focus supported by phased planning and passenger communication measures.

Conclusion

Amid shifting market conditions and external pressures, Cyprus’ airports continue to emphasize resilience and long-term planning. Expanded airline partnerships, diversified route networks and sustained infrastructure investment position the country to strengthen connectivity and support tourism growth in the years ahead.

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EU Services Production Grows As Information And Communication Lead

by THEFUTURE.TEAM

November 10, 2026

Services production continued to expand across the European Union in August 2026, with information and communication recording the strongest annual growth. However, performance varied significantly between industries and member states, while Cyprus reported a mixed picture, with business services expanding and hospitality-related activities declining.

Information And Communication Leads Sector Growth

Compared with August 2025, services production increased by 5.9% in the euro area and 5.8% across the EU in information and communication. Transportation and storage also recorded growth, rising by 2.1% and 1.9%, respectively.

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Real estate activities increased by 1.6% in the euro area and 1.1% in the EU. Professional, scientific and technical activities grew by 1% in both areas, while administrative and support services advanced by 1.1% and 1.3%.

Accommodation and food services was the only major sector to record an annual decline, falling by 0.1% in both the euro area and the EU.

The monthly figures were more mixed. Information and communication remained the strongest performer, increasing by 1.2% in the euro area and 1% across the EU. Real estate activities rose by 0.4% and 0.9%, respectively, while transportation and storage edged up 0.1% in the euro area but declined by 0.2% in the EU.

Administrative and support services recorded modest gains of 0.2% in the euro area and 0.1% in the EU. Accommodation and food services fell by 0.3% and 0.4%, while professional, scientific and technical activities declined by 0.8% and 0.9%, respectively.

Slovakia And Greece Record Strongest Annual Growth

Romania recorded the largest monthly increase in services production, at 5.2%, followed by Malta at 1.8% and Portugal at 1.7%. Luxembourg experienced the steepest decline, with output falling by 5.1%, followed by Bulgaria at 2.3% and Denmark at 1.9%.

On an annual basis, Slovakia led with growth of 10%, followed by Greece at 9.3% and Malta at 7.5%. Hungary recorded the weakest performance, with services production declining by 5.6%. Denmark fell by 5.3%, while Italy recorded a smaller decrease of 0.3%.

Cyprus Sees Growth In Business Services But Weakness In Hospitality

Cyprus’ latest figures show a similar divide between expanding business services and weaker hospitality-related activities. According to the Statistical Service of Cyprus (Cystat), professional, scientific and technical activities recorded the strongest annual growth among the covered sectors in the second quarter of 2026, increasing by 3.4%.

Transportation and storage and information and communication both grew by 2.1%, while real estate activities rose by 1.6%. In contrast, accommodation and food services declined by 3.1% year on year, and administrative and support services fell by 2.2%.

First-half results were more favourable for several sectors. Between January and June, professional, scientific and technical activities grew by 3.5%, transportation and storage by 2.8%, real estate by 2.1% and information and communication by 1.3%.

Nevertheless, administrative and support services contracted by 1% over the six-month period, while accommodation and food services declined by 0.7%.

How Cyprus’ Figures Differ From Eurostat’s Data

The Eurostat and Cystat figures measure different aspects of economic activity and are not directly comparable. Eurostat’s services production index tracks changes in the volume of output, whereas Cystat’s Turnover Value Index for Services and Transport measures the value of sales at current prices.

The reporting periods also differ: Eurostat’s figures cover August, while the cited Cypriot data relate to the second quarter and first half of 2026.

Cystat transmits services production data to Eurostat but does not yet publish a separate national production index. Turnover figures therefore remain the main publicly available national indicator for the sector.

Taken together, the data point to continued growth in several of Cyprus’ business-oriented services, alongside persistent pressure on accommodation, food and administrative support activities.

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