Larnaca International Airport (LCA/LCLK)


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Cyprus is the third largest and third most populous island in the Mediterranean. Since 2006, Hermes Airports has assumed management and control of the two main airports under a 25-year BOT (Build-Operate-Transfer) concession agreement with the Republic of Cyprus. Hermes is a Cypriot company, which consists of nine shareholders, including Aer Rianta International, Vantage Airport Group and Nice Airport, though the biggest shareholders are a couple of French infrastructure and construction companies.

Other major reasons to serve this airport

  • Larnaka International Airport –is Cyprus’ main international gateway and the largest of the island’s airports, it is managed by Hermes Airports.
  • Hermes airports, the operator of both Larnaka International Airport and Pafos International Airport, is a consortium comprised of nine local and international shareholders.
  • In 2019 Larnaka airport served 8,2m passengers, with 62 airlines having operated to 100 destinations in 35 countries.
  • Whereas most of the traffic served by Larnaka Airport is leisure traffic (around 60%), driven mostly by inbound tourism, there is also a substantial part of traffic estimated to 17% traveling for business purposes, whereas another 17% is visiting friends and relatives. Split of passenger traffic between Cyprus residents and non-Cyprus residents is 35/65% respectively.
  • Cyprus, through Larnaka Airport, offers good connectivity with the rest of the countries in the Middle East area as there is at least one daily flight to all nearby destinations located 1 hour flying time.
  • During the last few years, there has been substantial growth of traffic from markets other than the traditional big markets i.e. the United Kingdom, Russia, and Greece. Countries in Central Europe (Germany, Austria, Poland and Switzerland), Eastern Europe (Ukraine, Romania, Bulgaria), Scandinavia but also Middle Eastern countries (Israel and Lebanon) have had significant contribution in the traffic growth.
  • Like all airports, Larnaka airport traffic was also severely affected by the COVID-19. Nevertheless, the airport’s integrated plan (COVID-19 testing at the airport, frequent and effective contacts with airlines, coordination of relevant authorities, establishment of a restart incentive scheme etc.) had a positive impact with a partial recovery of operation in a relatively short time after the restart period. Based on the countries’ epidemiological conditions and relevant market restrictions, the schedules of the operators are adjusted accordingly.
  • Larnaka International Airport has received an important accolade during the 30th Annual Congress and General Assembly of the Airports Council International (ACI Europe), as it was highly commended in the category 5-10 million passengers at the Best Airport Awards 2020. The airports were evaluated based on their performance, agility, and results in a newly created environment as a result of the pandemic.
  • Larnaka airport received the ACI Airport Health Accreditation by the Airports Council International (ACI World). The AHA Accreditation programme supports airports by assessing new health measures and procedures introduced as a result of the pandemic.

CYPRUS

  • Cyprus has an open, free-market, service-based economy with some light manufacturing. Cyprus is a “bridge” between East and West, along with its educated English-speaking population, moderate local costs, good airline connections, and telecommunications.
  • Cyprus’ economy is dominated by the services (wholesale and retail trade, real estate activities, financial and insurance activities, accommodation, and transportation are the most important sectors).
  • Company formation, tax planning, trusts, foreign exchange trading and fund administration are all strong segments of the business services industry, encouraged by around 50 double taxation treaties and a legal system based on English law.

Wizz Air established a new base at Larnaka Airport with 3 based aircraft and a further expansion of its existing network with 16 routes, 13 of which are new destinations. More than 900,000 additional seats are added to its Larnaka network which further support the market of Cyprus and the creation of more than 30 new direct job positions.

Marketing and other support

  • Marketing campaigns in collaboration with airlines (and destinations).
  • Market intelligence data.
  • Promotion of airlines’ activities through all Hermes Airports’ digital platforms, including the airport’s website, Facebook, Twitter, Instagram and LinkedIn.
  • Events at the airport for the launch of new routes, welcome airlines etc.
  • Workshops with airlines, other airports and destinations.

Larnaca Airport serves the city located on the southern coast of Cyprus and the capital of the eponymous district. Besides of the fact that it is home to the country’s primary airport, Larnaca also has a seaport and marina.

Catchment Area

  • Cyprus is strategically located at the crossroads of Europe, Asia, and Africa, situated on the east of Greece.
  • Larnaka is the most centrally positioned, offering easy access to other cities and regions of the island.
  • Larnaka is served by the local bus services, taxis as well as several car rental companies.
  • Excellent weather conditions make Cyprus an ideal year-round destination.
  • Beautifully compact, easily accessible, and truly authentic, Larnaka is the island’s oldest soul; the longest continually inhabited region of Cyprus, with a history that dates back 4.000 years. And whilst it is rich in ancient culture, Larnaka is also a thriving and modern European city that offers the best of all worlds. Also, have in mind that Cyprus is a one of the oldest civilisations in the Mediterranean.
  • In less than 30 minutes you can find Ayia Napa and Protaras. Fantastic beaches with crystal clear waters are found along this coast, most of them accredited with the prestigious Blue Flag status. In the same area you can find Cape Greco the ideal spot for hikers and adventurous swimmers. The cape’s sea caves are made for exploring.
  • The cosmopolitan Limassol is renowned for its vibrant atmosphere and spontaneous hospitality and is just 40 minutes away from Larnaka airport. Retaining the character of its rich and colourful history, the city also serves as a thriving commercial centre for its international community.
Larnaca Airport doesn’t feature any freight opportunities at this stage, please contact airport for more information.

Situated two kilometres southwest of the city centre, Larnaca Airport is forecast to handle 5.3 million passengers in 2015. With a total of 55 airlines operating to 37 countries and more than 93 destinations, the airport’s largest carrier is Aegean Airlines, having an estimated market share of 18%.

Geography

  • Situated two kilometres southwest of Larnaca;
  • Excellent surface access through motorway;
  • Public transport: Inter-city busses from Nicosia and Limassol, local buses and taxis.

Infrastructure & Operations

  • Runways (number and length): 1 (04/22) / 2,994 meters
  • Slot Coordinated: NO
  • Operating hours: 24/7
  • Terminals (Number, type and last major refurbishment): 1
  • Min. connect time: 45 minutes

The operator of the airport further upgrades the passenger experience with this equipment which is completely in line with the current travel standards.

Important infrastructure developments and/or other news

  • Hermes Airports recognizing the importance of the advanced technological applications and innovations has proceeded with the installation of the Tagomat® and Bagomat kiosks at Larnaka Airport. The operator of the airport further upgrades the passenger experience with this new equipment which is completely in line with the current travel standards and simplifies the Self-Tagging and Baggage Drop Off process.
  • The redesign of the commercial areas has recently been completed at Larnaka airport offering passengers a new pathway and a further improved passenger experience. Both the shops as well as the cafes and restaurants have been upgraded and enriched with new products and brands.

Vital statistics       

  • Passenger numbers: 8.2 million (2019)
  • Freight: 29,660 tonnes
  • Largest carrier: Aegean Airlines
  • 62 airlines operated to 100 destinations in 35 countries during 2019

Financials