Cyprus’ new Larnaka International Airport is scheduled to officially open on 07-Nov-2009 and commence operations on 10-Nov-2009 (Financial Mirror, 13-Oct-2009). Hermes Airports assumed management and control of Larnaka and Pafos airports under a 25-year build-operate-transfer concession agreement with the Cyprus Government, signed in May-2006. The Cyprus Civil Aviation Department, which previous oversaw the management of the airports, will act as the regulatory and supervisory authority, responsible for the monitoring and control of all authorities active within the airports.
Larnaka International Airport to open on 07-Nov-2009
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Jet2.com: growth mainly in Spain and Manchester. Overcapacity an issue, and competition strong
The strongly seasonal nature of Jet2.com's schedule and the financial performance of the airline and its parent Dart Group were examined in a Jul-2016 analysis report by CAPA. That report also noted that all of the increase in passenger numbers since the year to Mar-2013 was attributable to traffic booked via Dart Group's package holidays business – Jet2holidays.com.
This report looks in some detail at Jet2.com's network and how it has changed in the three years since summer 2013.
Over the past three years Jet2.com has increased its peak summer weekly seat capacity by one third. By airport, the biggest share of this incremental capacity has been at Manchester. By destination, the lion's share of its growth has been to Spain, where there is now a capacity glut. Its markets have become increasingly competitive – not only due to other LCCs, but also because of the growth of airlines owned by integrated leisure groups such as TUI and Thomas Cook.