Cyprus Airways announced a 21% increase in revenue for this year's November, primarily due to a 115% increase in average fare, which subsequently led to higher profitability. This was achieved despite the airline having to reduce flights due to regional situations.

The airline reported that routes such as Dubai, Paris, and Milan performed better, helping to offset the loss of traffic in other areas. However, geopolitical tensions in the Middle East negatively impacted Cyprus Airways' operations. The company transported 41% fewer passengers and operated 12% fewer flights compared to the previous year.

"Our utmost priority is safety, and due to regional tensions, we were forced to suspend flights to Tel Aviv and alter our schedule to Beirut," the company added.

Furthermore, flights to Yerevan required route adjustments, extending travel times. "These developments, coupled with existing restrictions on the use of Turkish airspace, necessitated a strategic reassessment of the effectiveness and competitiveness of our routes," the statement continued.

According to the announcement, Managing Director Paul Sies stated, "Despite difficult regional conditions, the resilience and adaptability of our operations are encouraging." He added, "Our corrective actions at strategic, operational, and financial levels have led to significant revenue increases."

"The upcoming launch of the Larnaca-Brussels route in early February is expected to positively impact our winter performance," Mr. Sies concluded.