Cyprus Airways
Cyprus Airways is the airline that contributes to the increase in Cyprus tourism.
- Company typePrivate
- Founded2016
- HeadquartersAradippou, Cyprus
- Headcount51–100
- GTM typeB2C
- OfferingServices
Cyprus Airways firmographics
Firmographics- Name
- Cyprus Airways
- Legal name
- Cyprus Airways
- Website
- https://www.cyprusairways.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Cyprus Airways is the airline that contributes to the increase in Cyprus tourism.
- Ownership category
- akta.pro rank
Cyprus Airways industry classification
Industry- Product category
- Passenger Air Transportation
- NAICS
- Scheduled Passenger Air Transportation (481111), Nonscheduled Chartered Passenger Air Transportation (481211)
- SIC
- Air Transportation, Scheduled (4512), Air Transportation, Nonscheduled (4522)
- akta.pro primary industry
- Island & Remote Region Regional Airlines (THABACAL)
- akta.pro secondary industry
- Charter Airlines & ACMI / Wet-Lease Passenger Operators (TLAFAAAC)
Keywords
Where Cyprus Airways is headquartered
LocationHeadquarters
- HQ city
- Aradippou
- HQ country
- Cyprus
- HQ region
- Europe
Offices11 records
Markets served
Cyprus Airways business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others
Revenue model
- Passenger Ticket Sales: Primary revenue stream from selling flight tickets across Economy Basic, Economy Flex, and Business Flex fare types on routes to Europe, Middle East, and beyond from Larnaca hub.
- Ancillary Services: Revenue from additional services including extra baggage (from €23 per bag), seat selection (from €6), pet transport (€50-€300), sporting equipment (from €50), musical instruments, and special services like unaccompanied minors.
- In-Flight Sales: Pre-ordered meals (€7-€50), onboard snacks and beverages for purchase, and celebration packages including Prosecco and cake.
- Charter Services: Seat-only, block seat, and full-aircraft charters for seasonal, weekly, or ad-hoc requirements serving tour operators, travel agencies, sports teams, and corporate groups.
- ACMI Services: Wet lease arrangements supplying aircraft, crew, maintenance, and insurance for seasonal peaks, disruption cover, or long-term capacity needs.
- Group Bookings: Special economy class fares for groups of 10-50 passengers on Cyprus Airways operated flights, with quoted pricing per availability and travel period.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Economy Basic - Most restrictive fare with basic amenities |
| Subscription | Pay-as-you-go | Economy Flex - Flexible fare with checked baggage included |
| Subscription | Pay-as-you-go | Business Flex - Premium fare with full amenities and flexibility |
| Unit Pricing | Pay-as-you-go | Additional Baggage |
| Unit Pricing | Pay-as-you-go | Seat Selection |
| Unit Pricing | Pay-as-you-go | Pet Transport |
| Unit Pricing | Pay-as-you-go | Sporting Equipment |
| Unit Pricing | Pay-as-you-go | Unaccompanied Minors Service |
| Unit Pricing | Pay-as-you-go | Pre-Ordered Meals |
Go-to-market motion3 records
Distribution channels9 records
Marketing channels9 records
Cyprus Airways product offering
Product offeringCore offering
Cyprus Airways operates scheduled passenger air transportation from Larnaca International Airport to 13+ destinations across Europe, the Middle East, and beyond using a fleet of Airbus A220-300 and A320-214 aircraft. The airline sells tickets in three fare tiers (Economy Basic, Economy Flex, Business Flex) and earns ancillary revenue from baggage, seat selection, in-flight meals, pet transport, unaccompanied minor services, and special assistance. Beyond scheduled service, it markets charter and ACMI (wet-lease) capacity to other airlines, tour operators, sports teams, and corporate groups, distributing through its website, mobile apps, call center, GDS-linked travel agents, and global sales representative offices.
Product overview
Cyprus Airways is the flag carrier of Cyprus operating as a leisure-focused airline from Larnaca International Airport. The product portfolio centers on direct-to-consumer flight sales and travel services via the Cyprus Airways website and mobile app. The airline operates a mixed Airbus fleet of A220 and A320 aircraft in various cabin configurations (Economy Basic, Economy Flex, Business Flex fare tiers). Ancillary offerings include pre-orderable in-flight dining via Tastes in the Sky, AirFi wireless entertainment, special assistance services (wheelchair, unaccompanied minors, pet transport), seat selection, additional baggage, group bookings, and Charter/ACMI wet lease services. Codeshare and interline partnerships extend network reach beyond the airline's own 13 destinations. The airline carried over 400,000 passengers annually with a team of 150+ professionals as of 2025.
Differentiator
Problem solved
Functional benefit
Products and services
- Business Class Premium cabin service featuring a 2-2 seat layout, priority check-in, lounge access, complimentary Mediterranean dining, increased baggage allowance of two 32kg checked bags, and full refundability. Targeted at business travelers and leisure passengers seeking premium comfort on European and Middle Eastern routes.
- Tastes in the Sky (Pre-Order In-Flight Dining) Pre-orderable Mediterranean meal service available up to 72 hours before departure, featuring Greek salads, pizzas, wraps, sandwiches with local halloumi, kids meals, and celebration packages. Priced from €7 to €50 per item.
- Additional Baggage Service Extra checked baggage, overweight (up to 32kg), and oversized (over 203cm total dimensions) luggage options available for purchase. Pricing varies by route, weight, and timing of booking, with lower fees when purchased 48+ hours before departure. Extra bag up to 23kg from €23 short-haul and €40 long-haul.
- Seat Selection Optional seat choice including standard seats (€6-15), preferential seats at front of cabin (€10-20), and extra legroom/exit row seats (€20-35). Pricing varies by route and timing. Available for booking to all passengers seeking preferred seating.
- Special Assistance Services Wheelchair and mobility assistance (WCHR/WCHS/WCHC), guide dog accommodation, medical clearance (MEDIF), and support for passengers with disabilities requiring advance notice. Targeted at passengers with reduced mobility or special needs.
- Unaccompanied Minor (UM) Service Supervised travel service for children aged 5-11 (mandatory) and 12-16 (optional), including escort through check-in, priority boarding, in-flight care, and arrival handover to a designated person. Priced from €50 (Athens) to €200 (Dubai) per child. Available on direct Cyprus Airways flights only.
- Pet Transport Cabin transport (up to 10kg including carrier) and hold transport for dogs and cats, with fees ranging from €50-€100 (cabin) and €100-€300 (hold) depending on route and destination. Larnaca-Dubai and UK routes via Cargo only. Provides a pet-friendly travel option for passengers.
- Group Bookings Special economy fares for groups of 10-50 passengers on Cyprus Airways-operated flights, including dedicated baggage allowance and flexible change policies. Targeted at tour operators, sports teams, corporate groups, and event organizers.
- Charter and ACMI Wet-Lease Services Aircraft charter and wet-lease services providing capacity solutions with configurable cabins (110-180 seats), curtain-divider conversions, and EU-registered Cypriot carrier compliance with EASA/ICAO standards. Includes seat-only, block seat, and full-aircraft charter for seasonal peaks, disruption cover, and long-term capacity needs. Targeted at tour operators, travel agencies, sports teams, corporate groups, and other airlines.
- Codeshare and Interline Services Partnership arrangements allowing booking on partner airline flights under Cyprus Airways flight numbers, with through-checked baggage and coordinated schedules. Expands network reach beyond Cyprus Airways' 13+ direct destinations to Asia, Africa, the Gulf region, and additional European cities.
Quantifiable outcome
- 400,000+ passengers carried annually
- +2 more outcomes
Companies that use Cyprus Airways
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles4 records
Cyprus Airways technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Cyprus Airways partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- Air FrancecoreCodeshare agreement covering flights between Larnaca Airport and Paris Charles de Gaulle (up to 6 flights per week during summer), plus interline agreement covering routes between Cyprus and Milan Malpensa and Athens. Passengers can connect through Air France's Paris hub.
- Charlie Airlines LtdcoreCharlie Airlines Ltd won the competitive tender to secure the Cyprus Airways brand and prepared the airline for a new era. The brand was reborn in 2016 under Charlie Airlines.
- Bird AviationcoreCyprus Airways has signed an agreement with Bird Aviation for heavy aircraft maintenance services, with scheduled technical support for Cyprus Airways' fleet at Larnaca facilities. This follows Bird Aviation's separate seven-year maintenance agreement with easyJet for Airbus A320 family aircraft.
- flydubaicoreInterline agreement enabling customers to travel on single itinerary with coordinated baggage handling and streamlined transfers via Dubai International Airport. Partnership expands travel across Asia, Africa, and Gulf region through Dubai connectivity.
- Edograf (Italy)minorSales representation office in Rome, Italy handling Cyprus Airways ticket sales and customer support for the Italian market.
- AVIAREPS (France, Austria, Switzerland)minorGlobal airline sales and marketing representation partner handling Cyprus Airways sales in France, Austria, and Switzerland through AVIAREPS offices.
- SNTTA (UAE)minorSales representation office in Sharjah, UAE handling Cyprus Airways ticket sales and support for the UAE market.
- Discover The World (Spain)minorSales representation in Barcelona, Spain handling Cyprus Airways ticket sales for the Spanish market.
- Proton Aviation (Greece)minorSales representation in Athens, Greece handling Cyprus Airways ticket sales and customer support for the Greek market.
- Nakhal & Cie S.A.R.L. (Lebanon)minorSales representation in Beirut, Lebanon handling Cyprus Airways ticket sales and support for the Lebanese market.
- Mamman Aviation (Israel)minorSales representation in Lod, Israel handling Cyprus Airways ticket sales and support for the Israeli market.
- FlightDirectors UKminorSales representation in Horley, Surrey, UK handling Cyprus Airways ticket sales and support for the UK market.
Scale indicators7 records
Recent moves9 records
Expansion highlights6 records
Cyprus Airways competitors and assessment
Company assessmentDirect peers
- Air Malta: Air Malta is Malta's flag carrier, a small-island Mediterranean airline with similar scale, network strategy, and competitive pressures. Comparable to Cyprus Airways in fleet size, route depth, and reliance on tourism traffic to/from a small island hub.
- Middle East Airlines: Lebanon's flag carrier operating a small widebody and narrowbody fleet on Europe/Middle East routes from Beirut. Comparable to Cyprus Airways in flag-carrier positioning, fleet scale, regional route focus, and exposure to Eastern Mediterranean geopolitical risk.
- Olympic Air: Greek regional airline operating domestic and short-haul European flights with a small fleet. Comparable to Cyprus Airways in regional Mediterranean operations, fleet type, and connecting passengers onto larger partner networks.
- TUS Airways: Cyprus-based regional airline operating scheduled and charter flights to/from Larnaca and other Cypriot airports. Direct geographic and operational competitor to Cyprus Airways within the same home market, with overlapping short-haul European routes.
- SmartLynx Airlines: Latvian ACMI/wet-lease specialist operating A320-family aircraft for other airlines and tour operators. Comparable to Cyprus Airways's ACMI service line and charter operations, with similar business model focus on third-party capacity provision.
- Loganair: UK regional airline operating thin domestic and short-haul European routes from smaller UK airports with a small fleet. Comparable to Cyprus Airways in regional airline scale, hub-and-spoke network design, and partnership-driven global connectivity.
Broad incumbents
- Aegean Airlines: Greece's flagship carrier operating a larger A320/A321 fleet across Europe and the Middle East. Comparable to Cyprus Airways in regional Mediterranean focus, scheduled service from Athens-adjacent geography, and codeshare strategy, though materially larger in scale.
- Royal Jordanian: Jordan's flag carrier serving Europe, Middle East, and North America from Amman. Comparable to Cyprus Airways in flag-carrier status, regional hub positioning, and partnership-heavy network strategy, though with broader reach.
- SunExpress: Joint venture leisure airline between Turkish Airlines and Lufthansa serving European holiday destinations from Turkey. Comparable in leisure-focused network design, charter and scheduled mix, and Mediterranean route overlap.
- Pegasus Airlines: Turkish low-cost carrier serving European, Middle Eastern, and Russian destinations with a large A320/NEO fleet. Comparable in competing for Eastern Mediterranean leisure traffic, ancillary-driven revenue model, and overlap with Cyprus Airways' short-haul routes.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Cyprus Airways social profiles
Digital presenceCyprus Airways compliance and trust
Trust signalCompliance3 records
Cyprus Airways financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cyprus Airways leadership team
Management profileNumber of profiles
Profiles3 records
Cyprus Airways funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cyprus Airways M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cyprus Airways
What does Cyprus Airways do?
Cyprus Airways operates scheduled passenger air transportation from Larnaca International Airport to 13+ destinations across Europe, the Middle East, and beyond using a fleet of Airbus A220-300 and A320-214 aircraft. The airline sells tickets in three fare tiers (Economy Basic, Economy Flex, Business Flex) and earns ancillary revenue from baggage, seat selection, in-flight meals, pet transport, unaccompanied minor services, and special assistance. Beyond scheduled service, it markets charter and ACMI (wet-lease) capacity to other airlines, tour operators, sports teams, and corporate groups, distributing through its website, mobile apps, call center, GDS-linked travel agents, and global sales representative offices.
Is Cyprus Airways a public or private company?
Cyprus Airways is a private company. It is classified as corporate owned and is currently operating.
When was Cyprus Airways founded?
Cyprus Airways was founded in 2016. It employs 51 to 100 people.
Where is Cyprus Airways based?
Cyprus Airways is headquartered in Aradippou, Cyprus, in the Europe region.
How does Cyprus Airways make money?
Six revenue lines are on record. Passenger Ticket Sales are the primary driver. The others are ancillary Services, in-Flight Sales, charter Services, ACMI Services and group Bookings.
Who are Cyprus Airways's main competitors?
Direct peers on record are Air Malta, Middle East Airlines, Olympic Air, TUS Airways, SmartLynx Airlines and Loganair. Broad incumbents are Aegean Airlines, Royal Jordanian, SunExpress and Pegasus Airlines.
Does Cyprus Airways have an API?
No public API is recorded for Cyprus Airways.
What industry is Cyprus Airways in?
Cyprus Airways's product category is Passenger Air Transportation. Its primary akta.pro industry code is THABACAL, Island & Remote Region Regional Airlines, with a secondary code of TLAFAAAC, Charter Airlines & ACMI / Wet-Lease Passenger Operators. Its NAICS code is 481111 and its SIC code is 4512.