Paphos mayor, Savvas Vergas, called for a general boycott of all Cyprus Airways flights by Paphos residents, in protest at the carrier’s decision to suspend service from the city to Stansted, Manchester, Birmingham, Frankfurt and Athens later this month (Financial Mirror, 05-Jan-2011). Mr Vergas also stated that local partners are due to meet to decide on the launch of a Paphos-based airline with an initial fleet of two aircraft and EUR10 million in start-up capital.
Paphos looks to launch new carrier
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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.