Ryanair to bid for Cyprus Airways

Ryanair plane taking off

Related Stories

Budget airline Ryanair has confirmed that it plans to bid for the Cypriot national airline, which is up for sale.

Ryanair's chief marketing officer, Kenny Jacobs, told BBC Radio 5 live that it would submit its business proposal for Cyprus Airways in time for the bid deadline on Friday.

The Cypriot authorities say they expect to get about 15 different proposals.

The loss-making state-controlled airline's new owner should be announced by the beginning of October.

Mr Jacobs told the BBC that Ryanair had "a very positive meeting" with the Cypriot government and the airline last week.

He said the eastern Mediterranean was "a really fast-growing area" for travel.

Ryanair boss Michael O'Leary has previously said his airline believes it can boost the Cypriot flag-carrier's annual passenger numbers from their current level of 600,000 to three million.

Mr Jacobs was speaking as Ryanair launched its latest attempt to woo more business travellers, who already make up a quarter of its passengers.

The airline's new Business Plus ticket, which starts from £59.99, will offer free flight changes and a 20kg checked-in baggage allowance, as well as "premium seating".

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

More Business stories

RSS

Features

  • Abdi Nor IftinGolden ticket

    How a refugee entered a lottery and won a new life in the US


  • Herring in a fur coatMerry herring

    How fish 'in a fur coat' is enough to make Russia's New Year happy


  • Curiosity Self-Portrait at Windjana Drilling SiteIn pictures

    The most stunning space photos of the year


  • Amy Adams, Cate Blanchett, Sandra Bullock and Dame Judi DenchFilm quiz of 2014

    How much do you remember about the past 12 months?


From BBC Capital

Programmes

  • Tom BrookTalking Movies Watch

    Tom Brook looks back at some of the best movies of 2014 from around the world

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.