Incentive plan for airlines, approved by Cabinet, a positive development, says Perdios

Tourism Deputy Minister Savvas Perdios said that the Cabinet’s decision to approve an incentive plan for airlines for the period 2023-2027 is a positive development. The plan is co-financed by Ministry of Transport, Communications and Works and Herms Airports Ltd with an amount of €165,6 mln.


Speaking to the press in Paphos, Perdios said that the consultations were not easy, adding that time was needed for the agreement to be finalized in the right way.


Deputy Minister said that the framework agreed is an even better one and therefore we are optimistic.


Replying to a question he said that the airlines’ planning for next year is more or less the same as this year’s and no new announcements have been made yet for additional seats.


Perdios said that usually these announcements are not made before the end of November or beginning of December and the timing for Cabinet’s decision is helpful.


As regards the issue of the marina in Potima area, Perdios said that the aim is for the political decision to be taken before the government’s tenure is over.


He added that the proposal on their behalf is almost ready and that some final views by the Interior Ministry are pending.


Source: Cyprus News Agency