Mikhail Alenkin on the challenges and advantages of being a Cyprus-based airline

Jacqueline Theodoulou 07:05 - 27 February 2024

Companies People

Owning a Cyprus-based airline comes with advantages – like 350 days of sun – but also challenges, which with the help of the government and local stakeholders can be managed to boost the market, according to Cyprus Airways owner and Board Member Mikhail Alenkin. Here, on the sidelines of the 45th Cyprus Hotel Summit & Expo, Alenkin shares his own views on what can be done, with pushing to make the island a year-round destination topping his list.

He said Cyprus needs to work harder on becoming an all-year destination. "Because right now seasonality is very high.” He admitted that the island was “very badly connected” over the winter-time. “Unfortunately, an airline cannot do it alone. It needs to be in cooperation with the government, with the tour industries, with the hoteliers; but that’s probably something that could create an extra boost on the market.”

He also reveals Cyprus Airways’ expansion plans, saying the airline has been exploring new routes in Eastern Europe, the Gulf region and even exotic locations like India.

“First of all we’re increasing the fleet,” said Alenkin. “In two-three months’ time we are getting new aircraft delivered and together with the European routes, we are looking to the east as well, the Gulf region, increasing activity in Dubai. We are looking at some other destinations. We are looking at some exotic routes, like India. They are under consideration.”

And so, according to Cyprus Airways’ owner, we can expect to hear some news soon.He also reveals Cyprus Airways’ expansion plans, saying the airline has been exploring new routes in Eastern Europe, the Gulf region and even exotic locations like India.

Watch the full interview below:

Mikhail Alenkin on the challenges and advantages of being a Cyprus-based airline

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