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Cyprus Airports Set To Welcome 13 Million Passengers In A Record-Breaking Year

Cyprus is on the verge of hitting a new milestone in air travel as Hermes Airports anticipates an influx of up to 13 million passengers in 2025. This reflects a notable 5.6% annual increase from last year’s figures, further cementing the island’s reputation as a thriving hub of connectivity.

With 55 airlines ready to operate flights to and from 158 destinations across 39 countries, the surge in passenger traffic is no coincidence. Hermes Airports, the body managing Larnaca and Paphos international airports, attributes this growth to strategic efforts aimed at enhancing air connectivity to and from Cyprus.

New Routes And Airlines

The summer schedule introduces exciting new direct routes including Riyadh, Venice, Marseille, Düsseldorf, Lyon, and Sibiu. Significantly, the Riyadh-Larnaca connection debuts Saudia’s inclusion in Cyprus’s scheduled route network. Fresh names like AnimaWings, SkyUP, and Air Haifa are entering the market, adding vibrant options to regional air travel.

A Resilient Tourism Sector

Despite losing significant markets such as Russian and Ukrainian travel and facing global economic uncertainties, Cyprus’s tourism remains strong.

As we approach the summer, Hermes Airports is geared up to manage 145 flights daily, underscoring Cyprus’s role as a pivotal player in the Mediterranean air travel sphere. Stay tuned as Cyprus continues its journey of growth, leveraging strategic connections and resilient infrastructure.

Cyprus Construction Price Index Rises Amid Cost Pressures

The latest data from the Cyprus Statistical Service (Cystat) shows that the Price Index of Construction Materials in Cyprus reached 118.89 points in January 2026, based on a 2021 average of 100. Compared with December 2025, the index increased by 0.12%, indicating gradual price adjustments across the sector.

Year-Over-Year Growth

On an annual basis, the index recorded a 1.09% increase compared with January of the previous year. The rise reflects ongoing changes in contractor costs and highlights evolving market conditions within the construction industry.

Commodity-Specific Movements

The report provides a detailed breakdown by material category. Minerals recorded the strongest annual increase at 2.91%, followed by electromechanical products at 2.55%. Products made from wood, insulation materials, chemicals and plastics rose by 1.19%, while mineral products increased by 0.97%. In contrast, metallic products declined by 0.49%.

Volatility In Sub-Categories

More pronounced changes were observed within specific sub-categories. Mineral aggregates rose by 8.34%, while stones increased by 4.97% compared with January 2025. Electrical fixtures posted a 4.65% increase. Iron and steel products declined by 1.73%, and ceramics and cement continued to trend lower, falling by 1.47% and 1.38% respectively.

Methodological Insights

The index is calculated as a weighted average based on the expenditure share of sampled materials during the 2021 base year. Prices are collected monthly from a range of suppliers, using the 15th of each month as the reference date and excluding VAT. The Construction Costs Index applies specifically to new residential buildings.

This detailed analysis not only sheds light on current market trends but also offers stakeholders a robust framework for understanding the underlying cost dynamics in Cyprus’s construction materials market.

Aretilaw firm
The Future Forbes Realty Global Properties
eCredo
Uol

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