Agreement for the Extension of Management of Larnaca and Paphos Airports
December 22, 2024
A contract will be signed tomorrow between the state and Hermes Airports for the extension of management of Larnaca and Paphos airports. This agreement allows Hermes to manage the airports for an additional 18 months, with a significant reduction in their financial claims. Immediate expansion projects at the terminals are expected to commence, backed by funding that has already been secured. The main aim is to improve airport infrastructure through this new agreement.