AGP Executive Report
Last update: 8 hours agoAir Connectivity Boost: SkyUp says it will keep direct Chisinau–Larnaca flights running in summer 2027 after Moldova’s Chisinau–Larnaca passenger traffic jumped 192.4% in 2025 (78,912 vs 26,988 in 2024), a clear win for tourism and business travel. Tourism Recovery Watch: Cyprus tourism is rebounding after the March Akrotiri drone incident, with July arrivals down just 1.1% year-on-year (582,754 vs 589,116), though the first seven months still show an 8% drop overall. Travel Costs & Planning: UK “super September” demand is rising, but Expedia data suggests many big European cities see autumn hotel rates higher than summer—so September deals may not be as simple as they sound. Passenger Rights Update: The EU approved stronger air passenger rights, keeping compensation thresholds (including €250/€400/€600 bands) and adding clearer claims and support during disruptions—Cyprus Transport Minister Alexis Vafeades welcomed the certainty. Startup Push: RIF opened applications for up to 15 Cyprus startups to join Slush 2026 in Helsinki, covering entry and part of participation costs. Local Retail Mood: Cyprus shoppers are more selective and comparing prices, yet supermarkets report strong footfall and turnover despite inflation.
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