Cyprus Mail

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Cyprus Mail www.cyprus-mail.com €1

Thursday, August 2, 2012

CYPRUS

WORLD

SHOWBIZ

Tough words from Nobel economist

Iconoclast US writer Vidal dies, aged 86

Kate and Harry lead best – dressed list

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CTO: no cash for Ryanair demands ‘Ryanair should also understand it has obligations’ By Jacqueline Agathocleous

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HE CYPRUS Tourism Organisation (CTO) said yesterday it did not have the money being demanded from Ryanair to keep the low-cost carrier flying into Larnaca, putting in jeopardy the deal in place since 2010. CTO chairman Alekos Oroundiotis said the airline was seeking double the originally agreed amounts to promote Cyprus, citing increased fuel prices. Oroundiotis said such a thing was not financially possible for the CTO. Since 2010 Ryanair has been flying to four secondary European airports from Larnaca; Dusseldorf Weeze, Barcelona Girona, Bologna and Brussels Charleroi, and set up a hub in Paphos earlier this year from where it operates 15 destinations. “(Larnaca’s) Ryanair routes have been doing and continue to do very well in regards to passenger movement,” said Oroundiotis. “All four routes are usually around 70 per cent full. Ryanair is claiming there is now a financial problem with these routes, due to the increase in fuel prices and that essentially something should change for the airline to cope. And they feel that for this to happen we need to increase the CTO campaign incentives,

increase projection, and in not so many words, increase the financial incentive by 100 per cent compared to last year.” He added: “The organisation [CTO] doesn’t have this ability. It doesn’t have this money in its budget, nor is this practically possible, due to the crisis we are experiencing”. Oroundiotis said Ryanair was now questioning whether to continue its Larnaca flights from November onwards. “Everyone’s goal is for these agreements to continue, but Ryanair should also understand that it has certain obligations that are a result of the agreements it has signed,” Oroundiotis said. Commerce Minister Neoclis Sylikiotis said Ryanair was thinking of interrupting its Larnaca flight schedule in November. The CTO, he said, simply couldn’t satisfy the Irish airline’s demands for more money to promote the flights to and from the island. “From what I am aware the CTO is in discussions with Ryanair. In fact a CTO delegation, under its chairman, has visited Ireland and spoken with Ryanair,” Sylikiotis said. “But I think Ryanair’s demands were quite high and they couldn’t be implemented. Because apart from the funding they get for the passengers

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CYPRIOT KONTIDES IN GOLD MEDAL-WINNING POSITION

Going for gold: Pavlos Kontides leads the Men’s Laser event as he bids to win a first medal for Cyprus at an Olympic Games By Nemanja Bjedov CYPRIOT sailor Pavlos Kontides leads the Men’s Laser event at the Olympic Games with 12 points after three days of competition and six races at Weymouth and Portland on the south coast of England. Five-time world Laser champion Tom Slingsby of Australia is in second place with a point more than 22-year-old Kon-

tides with four races remaining. The Laser competition operates on a system whereby the sailors accumulate the same amount of points for the position in which they finish. Cyprus has never won a medal at the Olympic Games and Kontides has now emerged as a real medal hope as he is right on course to achieve a historic success for the island if he manages to remain composed in the upcoming four races.

Today is a day off, while the remaining races will be held on Friday and Saturday. The final tenth race is scheduled for Saturday at 3.15pm Cyprus time. Fellow Cypriot sailor Andreas Cariolou is currently 27th out of 38 competitors in the Men’s RS:X event after getting off to a bad start in the first four races. He will be in action today as the races in his category at Weymouth and Portland continue. The fifth race of the event will begin at 5.40pm local time.


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