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[PIO] Minister of Transport, Communications and Works Mr. Yannis Karousos: "We have created the right environment for attracting airlines and

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The Minister of Transport, Communications and Works Mr. In his address, Mr. Karousos said that "We have created the right environment for attracting airlines and improving air connectivity", as a result of the government's intensive efforts in various directions to increase connectivity and shield aviation.

In addition, Karousos pointed out that the incentive plans have already yielded their first results following yesterday's announcements to reinforce Ryanair and Wizz Air bases with state-of-the-art aircraft. The liberalisation of the market for ground handling services provided at airports has reduced costs, resulting in a reduction of between 40% and 50%, making airports more competitive. Karousos said that, through the new 2023 - 2027 incentive plans, the government's goal is to further improve the country's air connectivity by developing new routes, maintaining and deepening existing ones, expanding the tourist season, and recovering aviation from the effects of the pandemic, the war in Ukraine and the challenges facing aviation in today's competitive and changing environment.

It is expected that the implementation of the new incentive plan for the period 2023 - 2027 will result in a 52% increase in passenger numbers, from around 9 million in 2022 to 13.7 million in 2027. In particular, following efforts by Cyprus to highlight the disproportionate impact on EU island Member States of the implementation of the new provisions in ETS Aviation, a specific reference was included in the text of the Directive to island States smaller than 10,000 km², for which the difference in the cost of renewable and conventional fuels will be covered at 100%.

(ΘΓ/ΝΓ)
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