Commission approves €6.3m incentive scheme to boost Cyprus air connectivity

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Commission approves €6.3m incentive scheme to...
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The European Commission on Thursday approved a €6.3 million incentive scheme aiming to boost Cyprus air connectivity and tourism through incentivizing airlines affected by the coronavirus outbreak to re-establish air routes to and from the island.

Under the scheme, approved under the State aid Temporary Framework, the support will take the form of direct grants of up to €800,000 per company and will be accessible in a transparent manner to all interested airlines operating routes to and from Cyprus, the European Commission said.

The measure...


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Commission approves €6.3m incentive scheme to boost Cyprus air connectivity


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